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Looming Vote on Basic Law Worries Thai Economists

Thailand’s economic outlook, long a victim of political turbulence, faces fresh uncertainties ahead of a national referendum on a military-backed draft constitution in August. Economists say local and foreign investors remain on the sidelines waiting on the outcome amid fears of rising political tensions in the months ahead. The draft constitution, a sharp departure from previous charters, curbs the powers of elected parties and proposes a military appointed 250-member senate that...

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