Thaksin's Troubles

Vorasarun, Chaniga
July 2007
Forbes Asia;7/23/2007, Vol. 3 Issue 13, p64
The article features telecom billionaire Thaksin Shinawatra, one of Thailand's 40 Richest person. When he was elected Thailand's prime minister in 2001, he was the country's richest-ever elected official. Now he has been pushed out of office and is trying to hold on to his fortune. His troubles began in January 2006 when his administration amended the Telecommunications Business Act to raise the percent of foreign ownership allowed in a Thai telecom from 25% to 49%.


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