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Search Result for “red-shirts”

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THAILAND

Political turmoil blamed for GDP losses

Business, Somruedi Banchongduang, Published on 28/08/2018

» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).

BUSINESS

Phatra cuts 2014 growth forecast

Business, Somruedi Banchongduang, Published on 26/03/2014

» Phatra Securities Plc is revising down its 2014 economic growth forecast from 2.8%, given the rising downside risks to the economy after the Constitutional Court nullified the Feb 2 general election and called for a new poll.

BUSINESS

1,200 not out of the question for SET

Business, Somruedi Banchongduang, Published on 28/11/2013

» The Thai stock market could dive to the 1,200 mark in the worst-case scenario, although local shares have proved resilient to previous street protests, says CIMB Research.

LIFE

Limo firms hurting from red shirt rally

Business, Somruedi Banchongduang, Published on 04/05/2010

» Limousine operators are among tourist-related firms requesting financial assistance from local banks due to plummeting business as a result of the red-shirt protests in Bangkok.