Tourism an immediate casualty
Business leaders believe the explosion at the Ratchaprasong intersection will hurt tourism but expect the overall negative effect on the economy will be more psychological and short term.
Supant Mongkolsuthree, chairman of the Federation of Thai Industries, said tourism would be the sector hit hardest by the horrific blast at the Erawan Shrine, whose victims included Thais and foreign tourists alike.
“In the long term, we’ll have to wait and see what exactly the real impact on foreign investors will be,” he said.
