Business leaders yesterday welcomed Barack Obama's re-election as US president, saying his policies should be continued to support Asia's economic growth and strong investment climate.
The Kasikorn Research Center views the Obama victory as beneficial to the Thai economy next year, based on continuity of existing US economic policies.
Much will hinge on whether the White House and Congress reach an agreement on fiscal and monetary policy, particularly a solution to the "fiscal cliff". Also, the third round of quantitative easing is expected to continue.
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