TITLE

Country Risk Summary: THAILAND

PUB. DATE
September 2003
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Sep2003, Vol. 14 Issue 9, p2
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article focuses on types of risks faced in Thailand. Thailand has passed two anti-terrorism laws in what the government deems to be a move to prevent the country from becoming `a safe haven for international terrorists.' The recent bombing in Indonesia highlights the need for continued vigilance, but Thailand must ensure the motives behind legislation do not appear to be political. Real GDP growth was one of the fastest in Asia during Q2 2003 at 6.7% y-o-y. Inflation is low, trade growth remains strong and the government deficit looks set to narrow. Thailand's main stock index continues to outperform its peers. The market is up almost 50% in U.S. dollar terms since the beginning of the year and by more than 70% from year-ago levels.
ACCESSION #
10706706

 

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