In June 2018 PTT Plc -- Thailand's state-owned oil and gas conglomerate -- announced the acquisition of more than a billion shares or 69.1% in the energy and utility company, Glow. The deal will cost PTT more than 100 billion baht, with more than half that amount coming from taxpayers' money. For the record, I am vehemently opposed to this deal; the following are my reasons why.
Parliament has just completed debating the so-called 2-trillion-baht bill. It is the largest single amount of borrowing by any previous Thai government, and certainly one of the most controversial.
We Thais have tried our best to make it easier for foreign observers who wish to better understand Thai political events by wearing red and yellow shirts, so that one can effortlessly distinguish the pro-Thaksin group from the anti-Thaksin group.
On the morning of Aug 7, the day the amnesty bill was to be considered by parliament, I made a final...