
The Scotsman
Thailand is a country dealing with many of the problems Southeast Asian leaders at the recent Asean meeting should be stepping up efforts to fix - but aren't, according to Bloomberg writer William Pesek. Risks remain for foreign investors in Thailand, Pesek said, due to the inconsistent handling of the economy by the military junta. "As [foreign investment] returns, Asia must stand and deliver," Pesek said. "That means steady and transparent policy making, sound financial systems and making sure globalization raises living standards for all, not just the well connected."
Bloomberg
Bloomberg
Thailand's government on Tuesday went ahead with new rules on business ownership and voting rights for foreign companies operating in the country. The revised rules allow foreign firms two years to reduce their controlling voting rights in Thai-registered companies to less than 50 percent. The move comes as a second blow to foreign investors, who are still reeling from the central bank's decision last month to introduce some controversial capital controls on the baht.
Reuters
Reuters