New leaders seek higher ground

Indonesia and Thailand, Asean’s two biggest economies by GDP, officially have new leaders. Both countries are in need of a spark.
General Prayuth Chan-ocha
General Prayuth Chan-ocha

After months of uncertainty Indonesia and Thailand, the two biggest economies in the Asean region, officially have new leaders.

Indonesia’s constitutional court on Thursday ratified the election vote that anointed Joko “Jokowi” Widodo president-elect of Indonesia.

Meanwhile General Prayuth Chan-ocha, who led the military coup that ousted Thailand’s previous government, was on Thursday sworn in as prime minister.

Foreign investors are well used to watching these markets with caution and, in truth, the latest events  will probably do little to alter well-worn attitudes.

But markets like certainty and now at least investors have a bit more. This is good because...

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