Thai economy at risk as political rivals vow mass rallies


  • World
  • Friday, 03 Jan 2014

BANGKOK (Reuters) - Thailand's finance minister expressed concern about a weak currency and damage to the economy on Friday as supporters and opponents of the government prepared for big rallies this month that risk pushing the divided country to the brink of chaos.

Planned infrastructure projects worth $65 billion intended to boost an economy blighted by political tension and sagging exports would be postponed until the end of the year, Kittirat Na Ranong said, while the baht's slide against the U.S. dollar could hurt imports and raise energy prices.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

UNEP: INC-4 must make meaningful progress
Tesla to lay off nearly 2,700 workers at factory in U.S. Texas
China's Shanxi culture, tourism promotion event held in Morocco
WTI crude futures settle higher
2nd LD Writethru: Chinese business group "shocked, dissatisfied" over EU raids on Chinese company
US charges, sanctions Iranians linked to Revolutionary Guard cyber command
U.S. dollar ticks down
Italy passes contested plan to 'support motherhood' in abortion clinics
Schneider says Chinese market remains important
Feature: Concert marks Chinese Language Day in Geneva

Others Also Read