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Reform boost for Indonesia, Thai election hots up

Long-term prospects for Indonesia’s economy received a boost this week when parliament passed a long-delayed series of reforms that should lift competitiveness.

Meanwhile, Thailand’s parliament was dissolved on Monday, paving the way for a general election to be held on 14th May. The military manipulated the 2019 election to ensure that former general, Prayut Chan-o-cha, could remain as prime minister. Thailand’s political scene has been unusually calm since 2019, but fixing the outcome of a second election in a row would risk a return of the economically-damaging protests and violence which occurred in 2010 and 2014.

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