Mission impossible
Article Abstract:
The Thai New Aspiration Party led by 64-year-old Chavalit Yongchaiyudh, ex-army commander, won a majority of two seats in the election on November 17 1996, making Chavalit the new Prime Minister. The election result means that there will be no major changes in Thai politics. The elections were not democratic, with over $1 billion spent on bribing people to vote, intimidation, death and injuries and ballot-rigging. There needs to be a revamp of the Thai government and corruption needs to be eliminated.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Not child's play: Thai firms learn leveraged buyouts overseas are tricky
Article Abstract:
Many Thai companies have run into trouble making leveraged buyouts of US companies through poor timing and not understanding the market differences. Unicord's purchase of Bumble Bee Seafoods remains the most obvious example. However, some in the electronics business have done better, in part by keeping debt levels lower, and others are moving into European hotels. Joint venture partnerships closer to home also seem to be a winning formula for Thailand and other regional countries.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Swiss insurer to spin off real estate. Credit Suisse is latest in trend of moves to U.K. Lazard expands presence as Swiss M&A adviser: firm aims to gain on investment banks in European ranking
- Abstracts: Precast versatility on display in Cardiff. Heritage boss in row over Alsop's London HQ design. Lean and fit, not lean and mean
- Abstracts: Some disabled travelers in Asia find hotels are more accommodating. Discount frenzy pains Ho Chi Minh City hotels
- Abstracts: Judge blasts court criticisms. Debate intensifies over calls to amend the constitution. Fading judicial activism in Philippine courts creates a friendlier atmosphere for businesses
- Abstracts: Astra at the apex: car maker accelerates into first. A whole new Astra: but many wonder what the new owners are up to