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August 30, 2007-08-30
Thai entrepreneurs not yet affected by Myanmar fuel price unrest

Thai entrepreneurs in Myanmar have not yet been affected by disturbances arisen from the military regime's decision to double local oil prices, according to Thailand's Foreign Trade Department (FTD).

Ittipol Changlum, FTD deputy director-general, said he had queried Thai entrepreneurs about the disturbances in Myanmar caused by some people, who are angered by the government's abrupt move to raise fuel prices sharply.

Most viewed the incident as just a political turmoil, which had not escalated to such an extent that worried them. However, should oil prices rise further, it might affect transport along the common border and lead to a border closure. But the situation had not reached to that point for the time being.

Mr. Ittipol said the department would closely monitor the situation and would meet with major Thai entrepreneurs in Myanmar soon to enquire whether their businesses had been affected by the disturbances. TNA reports

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