How does the military coup affect Thailand’s big family businesses?

SMU Vice President, Business Development & External Relations, Associate Professor Annie Koh said that “Political regimes come and go. There will hopefully be some stability with the military coup in Thailand and maybe they eventually will settle down [and realise] that for the sake of their economy, somebody’s got to be calling the shots. Right now the uncertainty is keeping people very nervous… So the military coup actually led to some certainty… at last, there will be less of all the demonstrations. The uncertainty is what will happen after the coup.” Commenting on how “new” and “old” money have survived political change and remain in Thailand, she added, “They are not going to just pull out and leave a country after having sunk in their contacts, their networks and their domestic markets for the last 120 to 150 years.”

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Channel NewsAsia, Money Mind