The ongoing political protests in Bangkok is threatening the stability of Thailand, says Maplecroft.
While the impact to business operations has been relatively low so far, labour organisations are calling on their members to join in the demonstrations to shut down government buildings.
The protest leaders have called for workers in the transportation industry to continue working. Nonetheless, Thai Airways has threatened to cease operations if police or military forces use violence on protesters.
Demonstrators have called for the Yingluck Shinawatra administration to step down, accusing her of being controlled by her brother Thaksin Shinawatra – who was ousted by a coup in 2006. However, on 28 November 2013, the Prime Minister survived a no-confidence vote in parliament, where her Phuea Thai party holds a comfortable majority.
Thailand’s political situation will continue to remain volatile in the medium term as the opposition has strong support from Thailand’s middle and upper class, but lacks enough popular support to win an election.