May 16, 2008
Bangkok - Foreign investors wanted Thai government to deal with political stability, oil prices and economic problems respectively, according to a survey.
Mr. Dusit Nonthanakorn, vice president of the Thai Chamber of Commerce, revealed 156 foreign investors were surveyed during May 12-14.
13.6% expressed concerns over Thai politics while 10.7% over oil prices and 10.3% over economic problems.
Most investors said Thai politics (5.4) was less stable than its neighbors like Singapore (7.3), Vietnam (6.6) and Malaysia (6.3).
36.5% viewed Thai political situation was bad while 20.3% believed Thai politics affected the economic growth more than the oil prices.
33.3% of investors delayed their investments in Thailand while 27.8% would invest in the fourth quarter.
52.9% thought the economic growth rate would be medium in the next six months.