BANGKOK — At a dinner talk on capital markets on Monday evening, former Thai Prime Minister Thaksin Shinawatra joked that he would be blamed if the country’s main stock index fell the next morning.
Although Thaksin has the ear of Prime Minister Paetongtarn Shinawatra, his daughter, many of the factors influencing the Thai economy may be out of the government’s control. On Tuesday, the Stock Exchange of Thailand closed down 1.04% at 1,340.25 points, down 4% since the start of the year, as investors take a wait and see approach to new trade policies from Donald Trump’s incoming administration in the U.S.
