Japan has expressed confidence that investor sentiment will remain unharmed despite the ongoing political instability in Thailand.

Japan External Trade Organization President, Munenori Yamada affirmed that the anti-government protests in Bangkok would have only a marginal impact on Japanese investor confidence in Thailand, although he admitted that the political situation is one of the factors investors will consider when making investment decisions.

Yamada said that most investors have already carefully studied all the information before entering Thailand, which is now one of Japan's production bases.

Therefore, he is confident that long-term investor sentiment will remain intact.

However, Yamada conceded that over the short-term, the protests could scare new investors away, or at least put off new planned investments for some time. He noted that a timely end to the problem would cost Thailand much less in loss of opportunity.

Meanwhile, Thai Airways International President, Apinan Sumanaserani revealed that the number of domestic ticket sales remains normal.

At the same time, Central Plaza Hotel Senior Vice President, Ronachit Mahatthanapruet stated that it has been business as usual in the hotel industry, despite worries of a slowdown in the global economy, higher travel expenses, and the current political uncertainty.

He said the number of tourists entering the country has been the same and the company is maintaining its 2008 revenue growth target of 20 percent.

http://www.thailandoutlook.tv/toc/ViewData.aspx?DataID=1009047, 28.08.2008

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