Impact from Thai situation minimal, say Singapore firms

[SINGAPORE] Even as anti-government demonstrations in Bangkok entered a fourth straight day yesterday with no end in sight, Singapore companies with a strong presence in the Thai capital say that the impact on their operations has been minimal so far.

Some are ready to activate contingency plans should the situation worsen, though they are hopeful that things will calm down soon given that the country is set to celebrate the Thai king's birthday next week.

Thousands of flag-waving protesters fanned out on the streets as they stormed more government ministries in a bid to cripple the administration and oust Prime Minister Yingluck Shinawatra.

Frasers Hospitality has beefed up security at its Fraser Suites Sukhumvit serviced residence in Bangkok, even though the property - which has an 84 per cent occupa…