Claims about Thailand

Another dimension of royal power is the monarchy’s vast financial holdings, estimated to be worth tens of billions of dollars. Principal among these is the Crown Property Bureau, which holds large amounts of land and has stakes in many big industries. The throne is also an important source of business patronage, including through the awards of royal warrants to companies. One past recipient was King Power, the duty-free business of Vichai Srivaddhanaprabha, owner of Leicester City, the English Premier League football champions.

That is from the Financial Times.  Have any of you seen good analytical pieces on the future of Thailand, after the passing of the King?  I believe their economy has more rot than is sometimes recognized.

Comments

Comments for this post are closed