|
| Capital Market Confident in Govt's Ability to Handle Situation Surrounding Thaksin Case Ruling |
| UPDATE : 18 February 2010 |
Representatives from the capital market believe in government's ability to handle the situation both before and after the landmark ruling on Thaksin's 76-billion baht frozen assets case.
The Supreme Court's Criminal Division for Political Office Holders is scheduled to read its verdict on February 26th.
After being informed by Deputy PM on security affairs Suthep Thaugsuban of measures the government employs to ensure security, chairwoman of the Association of Investment Management Companies and MD of BLL Asset Management, Voravan Tarapoom said she is confident in the government's ability to handle the situation both before and after the ruling, adding that no violence will take place.
Voravan revealed that Thai investors have not been overly concerned about speculations surrounding the ruling date, and they have yet to cancel or hold off their investments.
Meanwhile, Finance Minister Korn Chatikavanij said fund managers have asked him two questions regarding the continuation of economic policies and security measures.
He said the government has assured them that there would be no coup and that the government is stable.
As for the upcoming gathering of supporters of Democratic Alliance against Dictatorship in front of the head office of Bangkok Bank on February 19th, he said it will not affect the Thai monetary system, and the bank itself has measures in place to deal with the crowd.
Korn added that representatives he met from fund management companies expressed confidence in the measures the government is employing to handle the situation surrounding the ruling date.
He believes the private sector is confident in the government's ability.
He added that the government has urged the private sector to help raise awareness of national peace among the public in hopes that Thailand can smoothly move forward.
|
|
|
| |
|
|
|
|
|
