Capital Flight Surge Weighs on Thailand’s Battered Stock Market

Thailand is witnessing a growing wave of capital flight as domestic investors move more funds overseas, adding fresh pressure on Asia’s worst-performing equity market this year.

For years, political shakeups and corporate scandals have eroded confidence while slowing tourism deepened economic uncertainty. Volatility may heighten after Prime Minister Anutin Charnvirakul dissolved parliament late Thursday, setting the stage for an early election - the baht and stocks climbed on the news.