Foreign business leaders have praised the government’s efforts to achieve national reconciliation but pointed out that investors' confidence will not be regained overnight after months of political stalemate. Prime Minister Abhisit Vejjajiva should be applauded for showing leadership in proposing a national reconciliation agenda, said the Japanese Chamber of Commerce (JCC).
“It is a positive attitude of the premier and government to come up with such a decision and take action towards reconciliation,” said Fukujiro Yamabe, a vice-president of JCC Bangkok.
“The road map is a good basis for both sides to discuss and hopefully reach agreement and we expect good results. I think business leaders are now more optimistic about the way forward.”
Nandor von der Luehe, chairman of the Joint Foreign Chamber of Commerce in Thailand (JFCCT), said the proposed reconciliation plan is a positive development for easing political instability in Thailand. “Overall, we are seeing positive signs,” he said.
Thailand’s red-shirted anti-government protesters expressed willingness Tuesday to join a national reconciliation plan announced by Prime Minister Abhisit Vejjajiva a day earlier, raising hopes the current political turmoil may be settled peacefully, but analysts say it will not come soon and question whether it will last.
Addressing the nation in a live television program Monday night, Abhisit put forward a five-point national reconciliation plan meant to end the chaos and bring about political and social normalcy.
The plan includes a Thai government commitment to hold a general election on Nov. 14 if conditions are met, three months ahead of an earlier offer.
Given the red-shirt camp’s stubborn stance toward the Abhisit government and the complexity of the Thai political landscape, observers say it is not easy to find a solution to settle the five-year political turbulence.
“The reason is that the root of the long crisis is unlikely to be eradicated, that is the conflict of interest will not disappear in a short time between the low class on one side, and middle and upper classes on the other,” Bao Erwen, a senior Chinese political observer, said.
Thailand’s Vaccine Strategy: What went wrong?
Questions are being asked, and not answered, over the decision to rely almost entirely on Siam Bioscience, a local, palace-owned company with no experience of making vaccines, for the country’s vaccine needs, until an unseemly scramble began this year to procure alternatives.
Last year Thailand won worldwide praise for its effective measures to contain COVID-19. This year the government is facing growing public outrage over the failure to control new covid outbreaks, and the slow acquisition of vaccines.(more…)
Thailand falls to 73rd position in Economist’s Democracy Index
Within Southeast Asia, Thailand’s score regressed in 2020, falling to 73rd from 68th, including those related to the treatment of the opposition and to curbs on freedom of expression.
Democracy in sickness and in health? is the title of The Economist Intelligence Unit’s latest Democracy Index report, which looks at the impact of the coronavirus (Covid-19) pandemic on freedom and democracy around the world.(more…)
Subscribe via Email
Thai baht becoming the region’s worst-hit currency in COVID pandemic
According to data from its tourism ministry as well as the World Bank, Thailand had only a little over 34,000...
Asia’s slow rate of vaccination is a thorn in the region’s economic recovery
Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving...
TAT expects 850 billion baht ($25.7 bln) in tourism revenue after successful reopening
The Tourism Authority of Thailand (TAT) has set this year’s revenue target at 850 billion baht, 300 billion of which...
Download 1xBet mobile and play all over the world
Placing profitable bets or playing in a casino is now possible comfortably even without being tied to a computer. It...
3 ways Asia can recover from the COVID-19 pandemic faster
Countries in the East Asia and Pacific region will benefit from cooperation in three major areas: vaccine deployment, reviving sectors...