By  on June 9, 2014

BANGKOK — Recent antigovernment protests and last month’s military coup have hurt Thailand’s retailers but are not expected to have any long-term impact as the industry pursues plans to be the retail hub of Southeast Asia.


“Now times are tough, but Thailand has been called the Teflon economy,” said James Pitchon, executive director of the Bangkok office of C.B. Richard Ellis, a Los Angeles-based land developer and leasing agent. He noted that the retail sales index in Thailand has fallen 10 percent in the past year, primarily stemming from political protests that have harmed tourism and consumer confidence.

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