The army acted a day after data showed gross domestic product shrank 0.6 percent in the first three months of 2014. Thai production and tourism have been hurt exponentially by unrest that began in November against Yingluck’s government. But this action will only exacerbate the economic fallout as automakers, apparel companies and beach goers write off Thailand. The Philippines and Indonesia never looked better to multinational companies, who currently employ tens of thousands of Thais.
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