Thai firms wary of Trump impact

Quick Summary:

The business sector is increasingly concerned about Donald Trump's victory in the US election, with analysts expecting the global economy to be affected by increased US protectionism, while interest rates might decline slower than expected.

Kavee Chukitkasem, head of research and content at Pi Securities, advised investors to partially offload high-risk assets in their portfolio as Trump's extreme policies could lead to a strong reaction from some countries, especially China.

Prasert Jantararuangthong, the digital economy and society minister, said a Trump administration may help end the war between Russia and Ukraine, but a global trade war is likely to expand.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaIsraelMexicoTaiwanUkraineVietnam

Topics: Countries Thailand Economy Global China Thai Trade Bank Trump Investors Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 05:30:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1661 words

Reading Time: 10 minutes read

Sentences: 64 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23466002

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 10 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 16 hours ago

Coverage Areas: Thailand

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News Language: English

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Publisher ID: #66

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