Finishing school: military academy remains crucible of officer class
Article Abstract:
The attack by soldiers on unarmed demonstrators in Bangkok, Thailand in May 1992 had a strong impact on the country's Chulachomklao Royal Military Academy. Charges that the academy has been a launching pad for officers bent on political careers since it was founded in 1887 furthered its decline in prestige. This, combined with low military salaries and increasing interest in non-military avenues to politics, helped to cut the number of applicants from 5,000 in 1992 to 3,500 in 1993. However, the academy's commitment to tradition will probably help it survive current social problems.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Bangkok's night-riders: tryst with destiny
Article Abstract:
Illegal high-speed motorcycle racing by gangs of young men on the streets of Bangkok, Thailand has become a major source of public disorder. The weekly races, popularly called sing, take place at night on weekends. Deaths and injuries are common because of the high speeds and recklessness of the racers, most of whom are middle-class sons in their late teens or early twenties. Middle-class prosperity that allows the purchasing of motorcycles and lack of parental supervision may be the root causes of this behavior. Thai police are trying to stop the racing but with mixed success.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Feel the beat: Thai music company rakes in the notes
Article Abstract:
Thai music conglomerate Grammy Entertainment already controls 40% of the $104 market for pop music and is growing quickly, with 1 billion baht set aside for retail expansion alone. The carefully assembled group, founded in 1983, also has music-related print publications, tv programming, and various other subsidiaries. Its net earnings in the year to Oct 31 1994 at 232 million baht were five times higher than the entire previous year's. Its stock has risen 20% in a bear market since listing on Feb 17 1995.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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