Chang boss warns of brewing danger

The head of Thailand's biggest beverage company has warned the economy could spiral out of control if anti-amnesty demonstrations turn violent.

FULL VOICE: The crowd at the Samsen rally point yesterday show their opposition to the amnesty bill, which passed its third reading in the House on Friday.

Thai Beverage Plc president and chief executive Thapana Sirivadhanabhakdi the country risks becoming "unplugged" economically.

"If violence occurs at the sites of any anti-amnesty demonstrations, the country could move backwards to the point where a fresh start is needed," said the head of Thai Beverage, which produces Chang beer.

Mr Thapana said any violence could damage Thailand's economy as foreign investors may shift to other Asian countries such as Vietnam or India.

"As someone in the private sector, I would like to see peace in order to drive the country to prosperity both in economic and social aspects," he said.

Mr Thapana said political opponents should pursue other channels to build mutual understanding, which would help the Thai economy reach its outstanding potential in Asean and establish confidence among investors.

"The ongoing political demonstrations have scared foreign countries and they are worried about investing in Thailand," he said.

Meanwhile, a group of businessmen will hold their own colour-coded rally on Silom Road tomorrow to protest against the amnesty bill.

Group representative Somkiat Homla-or announced the "green shirt" rally yesterday at the Democrat Party's protest headquarters in Samsen.

He said business operators and the public are encouraged to join the rally at Sala Daeng intersection on Silom Road at 11.30am tomorrow. Protesters are asked to wear green.

The group will demand the government gives up on the amnesty bill as they believe it is unlawful.