ASEAN KEY DESTINATIONS
Politics may worry Thai investors
"Investors do not know what the new government will look like and many investors' analyses question how the economy will be managed if the new government has red-shirt leaders as MPs," Mr Korn said.
Foreign investors brought in US$3 billion to invest in the Stock Exchange of Thailand last year but they had been selling off to gain profit at this time.
There might be more sell-off if investors see that the next government is not from the current administration, the former investment banker said.
"The Pheu Thai Party's campaign will damage the country's economy.
"For instance, changing the rice price guarantee scheme to the old mortgage programme would cost 500 billion baht and the country would immediately have 200 billion baht in debt.
"This is one of the factors causing investors to be less confident in the future of the Thai economy," Mr. Korn added.
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