Thailand pians roadshow after blast

Thailand pians roadshow after blast

BANGKOK: The Stock Exchange of Thailand has been asked to plan
roadshows to restore foreign investor confidence after the bomb
attacks in Bali, Finance Minister Somkid Jatusripitak said
Monday.

Somkid said he had asked the central Bank of Thailand and the
Securities Exchange Commission to coordinate with the bourse
authorities for the roadshow.

The minister said it was still too early to evaluate the
impact of the bomb blasts in Bali on the local economy.

But he said he was "not worried about the current weakness of
the local stock market as it still generates a higher return
compared to other markets in the region".

Separately, Bangkok Bank Plc. executive chairman Kosit
Panpiemras said the Bali bombings, which have left nearly 200
people dead, would not affect Thailand's economy and foreign
investment situation.

Thailand's tourism industry may even benefit over time as
tourists may opt to travel to Thailand instead of Indonesia, he
said.--AFP