Wednesday, March 15, 2006

Thai Prime Minister considers his options

The saga continues although it is no clearer from this report what he is actually intending to do.

There was one section which amused me

The demonstrators are angry at the $1.9bn sale of his family firm Shin Corp, accusing him of tax dodges and betraying the nation by selling an important national asset to Singaporean investors.

Particularly interesting given that whilst we were in Thailand in January one of the big stories was the continued failure of Thai Beverages (the maker of the top-selling Chang beer) to obtain a listing on the Thai Stock Exchange and its ultimate listing in January on the Singapore Stock Exchange.

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