Political uncertainty is the main factor for the market decline. Buying sentiment was very weak as the crisis appeared to be continuing for a while.
More Quotes from Sukbir Khanijoh:
Today is a very bad day for regional stock markets, mainly due to Tokyo's massive fall.Sukbir Khanijoh
Ongoing protests are affecting investor sentiment negatively. Investors are now concerned whether the crisis will affect government economic policy.
Sukbir Khanijoh
Oil is the biggest challenge for the company. About 30 to 40 percent of the company's operational costs is oil.
Sukbir Khanijoh
Competition is another biggest challenge for Thai Airways. We are seeing very, very tough competition. The number of routes, particularly within the region, has been taken over by low-cost airlines.
Sukbir Khanijoh
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