Thailand is oil import country. The stock exchange should be down or up?The world oil price increase is good or bad for Thailand?
If the price of oil goes up and you are an 'oil dependent' country, then an increase in the price of oil would be a bad thing. Bad because you will recognize the increase at the pump. But there are some good things that will come of it.
In Thailand, as I'm sure is true in many other far eastern countries, mopeds, scooters and vespas are a preferred method of travel. Well I'll bet that sales of non-gas powered 2 wheel vehicles have consistently risen with the increases in gas prices.
High gas prices also give businesses and individuals the incentive to adjust their behavior, finding non-powered transportation as mentioned above, and pushing the desire to find alternative fuels in general - both a good thingThe world oil price increase is good or bad for Thailand?
Obviously bad, it increase cost for all production. Plus the national oil company of Thailand is run by incompetent idiots so you can be rest assured you're basically screwed.
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