Finance Minister Urges Peace Fearing Economic Collapse

Published : February 16, 2010 :: 09:02:15 [ 540 views ]

Finance Minister Korn Chatikavanij on Monday called on all parties involved in the recent spate of violence to end such activities, warning that the economy could be ruined if the violence continues unabated.

Bangkok, the 15th of February 2010 [TNA]: Mr Korn said that should the persistent political conflict turn violent with more physical explosions taking place, it would definitely undermine investor confidence and negatively affect economic growth.

However, Mr Korn said he believed the government’s security agencies have a contingency plan to deal with the situation and preempt any chaos or violence. Security agencies are closely monitored the situation to prevent ill-intended groups from carrying out any violence.

The minister said he wanted all parties to stop resorting to violence or staging incidents that may put the country into disarray. “Thai society is democratic,” Mr Korn commented. “Everyone has a right to express different points of view politically, but political rights must be exercised within a legal framework. It must not cause any disturbance to other persons,” he said.

Mr Korn said he met some hoteliers during Chinese New Year and learned that more tourists returned to visit and spend leisure time in Thailand. till, he said, some tourists expressed concerns about their safety. If the security agencies maintain peace and order, Thailand’s tourism and the economy will not be adversely affected. (TNA)

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Silver

said :

I think the least we can do is to raise our voice and our concerns over what is happening here. This is a very serious matter here and if all the expats would just at least express their concerns about it, they might would find or choose a peacefull solution on the table. Everything can be worked out if both parties are willing to see the good for the country first. Violence on the street can definately not be the answer.
I sometimes think they are not realy aware how many expats are helping to increase and stabalize the economy in this country. I would guess it is the second highest income besides the tourism industrie.

Email : silversurfer@hotmail.com Date : 2010-02-17 10:23:36

copper

said :

...and what exactly would u expect us to do,silver ?

Email : dings@gmail.com Date : 2010-02-16 18:29:08

Silver

said :

Im wondering why i never see any comments of "Farangs" when it comes to red and yellow shirts and what is going on here. BRAVO Mr. Korn. I highly appreciate your concern and that you make it public. Let this be a warning. A very very valuable warning. If this not stop the economy can and will be hurt and this can be dramatically. I say it again. Nothing about cleaning the house as some Thai stated it but do you have to burn the house down???
Im working on a 2mio Dollar project here of parts produced by Thai workers which all have Families to support. My Customer mentioned that he will pull the plug as soon as the first shot falls and People die in Bkk streets. They can not afford to produce in a country where people get shot in an violent demonstration towards the government. That would be bad news for them and I had to officially come up with a back up plan. This is what is going on my fellow expats. But no...not our busines...we just sit here and watch what happens next!

Email : Silversurfer@hotmail.com Date : 2010-02-16 14:05:10

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