Japanese investors' confidence to drop if political crisis drags on: IIMA chief economist
January 21, 2014 00:00
Japanese investors' confidence in Thai markets has the potential to decrease if the current political situation is prolonged, the chief economist of the Institute for International Monetary Affairs (IIMA) in Japan said Tuesday.
IIMA General Manager and Chief Economist Koji Sakuma was speaking at a seminar hosted by the German Konrad-Adenauer-Stiftung in cooperation with Chulalongkorn University.
“If the situation is prolonged, investors from Japan, especially new venture in Thai market, will take their business and investment elsewhere since they are alternative markets in this region such Indonesia and Malaysia,” Koji said.