Security in Bangkok, Thailand has been tightened as a result of anti-government protests.
Voice of America reported that more than 1,000 protesters stormed into the army’s headquarters to persuade the troops to join them in its anti-government protest.
The protest is against Thailand’s Prime Minister Yingluck Shinawatra, calling for her to step down. The protest will continue until she does so.
The protesters have stormed the finance and foreign ministries and surrounded the interior ministry.
The Prime Minister refuses to step down and hopes that negotiations can be made. Although the issue appears political in nature, the protest can lead to financial problems for the South-East Asian country.
The protest may have an effect on Thailand’s economy according to Reuters.
Thailand’s currency, the baht, is the fourth weakest in Asia and although the country thrives from exporting goods, demands have been low.
"We have taken into account the possibility of prolonged political problems and we think it could hurt our businesses next year," said Bowon Vongsinudom, the president of PIT Global Chemical Pcl.
Shinawatra hoped to gain back the money Thailand has lost from weak exporting through tourism, since tourism increased from January to October. There is talk about the country being ideal for foreign investors.
However, the call for her resignation can cause foreign investors to hesitate in investing in Thailand.
Photo courtesy of Wikimedia Commons.
