Thailand: Political Situation Influences Economy

Nowadays, People's Democratic Reform Committee (PDRC) has announced that they will shut down Bangkok Metropolis on 13th January. Around 20 junctions in Bangkok will be closed by them but they said that public transport and emergency cases will be allowed. Though they allow people to travel by public transport, there are a lot of contradictory about the Shut Down.

Red spots are junctions which will be closed by PDRC. Map by Google Maps

— Bangkokians should make a transportation plan for unpredictable situations in near future.

Capital Market Influenced

Since the amnesty bill was agreed by lower house, protesters leaded by Suthep Thaugsuban has started protesting. Although upper house has refused the amnesty bill and Yingluck's government has dissolved the parliament, protesters which are called PDRC still continue protesting. It is very clear that PDRC has affected Thailand's capital market. When they have a plan to shut down Bangkok, SET Index suddenly tumbled 5.2% after New Year holidays.

SET Index: 4/11/2013 - 2/1/2014

I've got affected from PDRC protesting. The transportation price is very expensive when they shut down the capital. I also spend my time on commuting, too.

Economic News in other media

Aberdeen Buys Thailand’s Stocks Amid Worst First-Day Drop

http://www.bloomberg.com/news/2014-01-03/aberdeen-buys-thai-stocks-in-biggest-first-day-rout-on-valuation.html

Baht in Record Losing Streak; SET Has Worst Start to Year

http://www.bloomberg.com/news/2014-01-02/baht-in-record-losing-streak-as-political-unrest-spurs-outflows.html

Thailand protests: Economic impact explained

http://www.bbc.co.uk/news/world-asia-25132556

Political News in other media

Q&A: Thailand anti-government protests

http://www.bbc.co.uk/news/world-asia-25149484

*This blog is contained some personal view of the situation. Please use your discretion.