TITLE

Country Risk Summary: THAILAND

PUB. DATE
June 2003
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2003, Vol. 14 Issue 6, p2
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article overviews political, economic and business environment of Thailand as of June 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 70.0% of the 500-seat parliament.The Thai economy is expected to slow during the comingmonths after a bumper performance through the end of 2002 and Q1 2003. Shinawatra's efforts to eradicate drugs from Thailand may cloud business confidence going forward.Human rights groups are concerned that the government may have taken the law into its own hands with an alarming amount of deaths during the government's 90-day campaign to eradicate drugs from the country.
ACCESSION #
9881113

 

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