The index of Thailand's Stock Market (The SET),
from 787 in January 1997 Ultimately declines to a
low of 337 in December of that year. Thai
Economy Turns Into recession.
Dec 31, the 1997th
Thai Crisis Spreads Quickly from Thailand to Other
countries in the Region including Malaysia,
Indonesia, Philippines, South Korea and Japan.
This Leads to the Asian Crisis.
from 1997 to 1,998
56 Finance Insolvent companies and one.
commercial bank are closed. The remaining
Financial Financial institutions suffer from Panic.
D.
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