31. For the excessive and poor quality of investments behind the liquidity crunch in Asia, Duce reserves criticism for the international financial community. 32. Foreign capital continues to flow out of the country amid the severe liquidity crunch and Thai companies are struggling to stay afloat under worsening economic conditions. 33. Govt to issue four decrees on economy Aim to ease liquidity crunch, 34. Given the liquidity crunch at present, mergers and strategic alliances with foreign banks are indeed the best option for banks to strengthen their capital base. 35. He also anticipated a rise in business fraud relating to incomplete property development projects due to the liquidity crunch. 36. He predicted that the Chuan government would one day be criticised for what it failed to do to ease the liquidity crunch choking Thai businesses. 37. However, a downward trend could magnify factors like sky-high interest rates, choking liquidity crunch, sky-rocketing unemployment topped off with a runaway inflation. 38. However, the liquidity crunch will force them to find strategic partners for the desired money. 39. If the liquidity crunch and high interest rates continue, local companies are expected to fail due to a lack of cash to run their businesses. 40. In contrast, Korean companies are expected to experience a severe liquidity crunch. |