Country Risk Summary: THAILAND

May 2003
Asia Monitor: South East Asia Monitor Volume 1;May2003, Vol. 14 Issue 5, p2
Country Report
Country Report
This article overviews political, economic and business environment of Thailand as of May 2003. Veteran politician Banyat Bantadtan has replaced former Prime Minister Chuan Leekpai as head of Thailand's opposition Democratic Party.The party can now concentrate on winning support away from Prime Minister Thaksin Shinawatra's Thai Rak Thai party who currently control almost 70% of the 500-seat parliament. The Thailand economy is expected to slow during the coming months after an excellent performance through the end of 2002 and Q1 2003. Shinawatra's efforts to eradicate drugs from Thailand may cloud business confidence going forward.


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