Sour ties with Singapore not hurt economy
Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula insisted that Thailand's abolition of high-level diplomatic cooperation with Singapore would not hurt the overall economic picture.
He noted that the government would ensure fair treatment to the Singaporean investors who are doing business in Thailand. "The diplomatic ties do not concern the overall economic picture. Our treatment to Singaporean investors would not be biased," he told reporters. He was also pleased with Thailand's better rankings in the Heritage Foundation's economic freedom index, saying that boosting the freedom is the government's obligation. In Asia, Thailand is ranked 9th, from 12th in the previous year. The Nation
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