By The Nation
Advanced Info Services Plc has announced a total dividend payment of Bt7.4 billion to foreign investors, Bt7.2 billion from PTT , and Bt4.6 billion from Kasikorn Bank, said the bank's economic and capital markets research manager Kobsit Silapachai said yesterday.
He added that the exit of capital will weaken value of the baht to between Bt31.50 and Bt32.50 per US$ from the average of Bt31.77 per US$.
Meanwhile, the country's political uncertainty will have an impact on capital outflow in the second quarter of this year. Foreign investors are waiting for the return of political stability when the new government is formed, he said.