ID :
142465
Fri, 09/17/2010 - 09:23
Auther :

FTI chief confident new Red Shirt rally won’t affect investor confidence

BANGKOK, Sept 17 – Federation of Thai Industries (FTI) chairman Payungsak Chartsutipol on Thursday expressed confidence that the planned rally by a group of 'Red Shirt' United Front for Democracy against Dictatorship (UDD) activists on September 19 in memory of the mass demonstrations in May would not affect investor confidence.

He said a survey of opinions of investors in the industrial sector regarding the planned Red Shirt rally found most remained unworried about possible renewed violence.

They viewed the rally as the political expression without any conditions and believed the event would not have any impact on the production sector and purchase orders in the industrial sector.

Supong Paisitpattanapong, spokesman of FTI’s Automobile Industry Club, said he was not concerned about the political rally of the Red Shirt group because it is just the political expression. It would neither lead to any violence nor cause damage to the country.

He said foreign investors still had confidence in Thailand despite the recent political violence. (MCOT online news)

X