Japanese firms see weak Thai business condition- survey

Newswire

By Orathai Sriring BANGKOK, Jan 28 (Reuters) - Japanese companies operating in Thailand believe business conditions in the Southeast Asian country are the worst in 24 years due to the global economic crisis and domestic political turmoil, a survey showed on Wednesday. Japanese Chamber of Commerce in Thailand said a net 59 percent of the respondents expected business conditions to deteriorate in the first half of 2009, the weakest since 1985 when it hit a low following a major baht ...

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