Thailand Draws Capital Inflows as Funds Exit Indonesia Over Fiscal Risks
Updated
Updated · Bloomberg · Jun 19
Thailand Draws Capital Inflows as Funds Exit Indonesia Over Fiscal Risks
3 articles · Updated · Bloomberg · Jun 19
Summary
Thailand is attracting fresh capital as investors pull money from Indonesia, with Thai officials saying the shift reflects a search for lower-risk markets.
Bangkok’s appeal rests on fiscal discipline and policy continuity, according to Finance Minister Ekniti Nitithanprapas, who said those strengths are helping Thailand capture flows leaving its neighbor.
Indonesia is losing favor as concerns over fiscal and financial stability weigh on investor sentiment, sharpening a regional contrast in perceived policy credibility.