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#politicalinstability

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Norobiik @Norobiik@noc.social

#Thailand is set to lose its longstanding No. 2 spot in #MarketCapitalisation to rivals #Singapore and #Malaysia. The gap between Thailand and Singapore is about US $4 billion versus $125 billion a year ago.

The stock drop is due to #PoliticalInstability, weak #tourism spending and #CorporateMisconduct allegations.

World-lagging Thai stocks see investors moving money into regional rivals
bangkokpost.com/business/inves.

Bangkok Post · World-lagging Thai stocks see investors moving money into regional rivalsBy Bloomberg News
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