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Bangkok Post
Bangkok Post
Business

Thai firms unfazed by Myanmar move

Most Thai listed companies will experience limited impact from the Central Bank of Myanmar's order to temporarily prohibit companies and retail borrowers from repaying foreign loans to sustain the country's foreign exchange reserves as most Thai companies operating in Myanmar do not have debts in foreign currency.

However, analysts at Asia Plus Securities (ASPS) said hospital stocks will be affected in the short term as there may be fewer patients from Myanmar coming to Thailand for treatment in the second half.

Prices of hospital stocks such as Bumrungrad Hospital (BH) and Bangkok Dusit Medical Services (BDMS) dropped yesterday.

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