ID :
112700
Sat, 03/20/2010 - 12:53
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http://m.oananews.org//node/112700
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Thai Finance Minister Korn begins road show in Hong Kong
BANGKOK, March 20 (TNA) – Thailand's Finance Minister Korn Chatikavanij is leading a road show in Hong Kong during the weekend to help relieve investor concerns in reaction to current political and economic developments.
Leaving Friday for the March 19-21 promotional event, Mr Korn traveled in a bid to explain to investors the current economic and political development in Thailand for better understanding.
Speaking before his departure, he said the mass rally by anti-government Red Shirt demonstrators during the past several days had not caused any anxieties among the public as the government remained able to control the situation.
Foreign investors are still confident in the government’s ability to manage the rallies and prevent them from escalating, he said, adding that there is no reason for the government to dissolve the House of Representatives now.
Mr Korn said the objective of his trip to Hong Kong this weekend is not different from that of his road show to Japan last week.
“We have to tell investors there that possible violence can occur anytime at the rally site because some ill-intentioned groups of people want to make it happen," he said, "but it is the government’s duty to manage the situation and prevent it from escalating.”
In the past week, he said, the demonstrations by the Red Shirt protesters remained manageable, and had not caused any panic among investors and the public.
“The rallies by Red Shirt people are considered peaceful, which is acceptable under the democratic system. Unless there are untoward incidents like the airport closure or bloody violence during the Songkran festival last year, it will help boost investor confidence.
"More importantly," Mr Korn emphasised, "the government will be able to continue its performance, particularly in economic affairs.” (TNA)
Leaving Friday for the March 19-21 promotional event, Mr Korn traveled in a bid to explain to investors the current economic and political development in Thailand for better understanding.
Speaking before his departure, he said the mass rally by anti-government Red Shirt demonstrators during the past several days had not caused any anxieties among the public as the government remained able to control the situation.
Foreign investors are still confident in the government’s ability to manage the rallies and prevent them from escalating, he said, adding that there is no reason for the government to dissolve the House of Representatives now.
Mr Korn said the objective of his trip to Hong Kong this weekend is not different from that of his road show to Japan last week.
“We have to tell investors there that possible violence can occur anytime at the rally site because some ill-intentioned groups of people want to make it happen," he said, "but it is the government’s duty to manage the situation and prevent it from escalating.”
In the past week, he said, the demonstrations by the Red Shirt protesters remained manageable, and had not caused any panic among investors and the public.
“The rallies by Red Shirt people are considered peaceful, which is acceptable under the democratic system. Unless there are untoward incidents like the airport closure or bloody violence during the Songkran festival last year, it will help boost investor confidence.
"More importantly," Mr Korn emphasised, "the government will be able to continue its performance, particularly in economic affairs.” (TNA)
