Daves Raves – Thailand In Turmoil

Thailand In Turmoil

PROTESTERS MARCH ON GOVERNMENT HOUSE IN BANGKOK

Here we go again!  Thai protesters this afternoon have made a determined effort to march to Government House in Bangkok.  Although the Metropolitan Riot Police had (supposedly) set up a blockade, protesters easily outwitted the Thai authorities.

Meanwhile, the Stock Exchange of Thailand (SET) continues to fall amid fears of violence and speculation about another military coup.  Even though various Thai authorities state that there will not be another military coup, the political arena remains tense.  The crowds of protesters are mostly middle-class Bangkok residents, who are lead by the People’s Alliance for Democracy (PAD). 

These links below contain the full news stories…

BBC NEWS – Protesters march in Thai capital

BANGKOK POST – On to Government House

THE NATION – PAD gears for seige

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2 Responses to “Daves Raves – Thailand In Turmoil”

  1. Bangkok Bad Boy says:

    Actually, the SET closed way up.

    http://www.set.or.th/en/index.html

    I guess investors are confident that the government are on the way out 😉

    Going to be an interesting weekend though…

  2. Hi Bangkok Bad Boy, although the SET (Stock Exchange of Thailand) has been constantly falling since PAD (People’s Alliance for Democracy) started the public protests, it did finally rally. I read that it was partly due to bargain hunters snapping up cheaper deals. But mainly, the lack of violence yesterday allowed the SET to recover. The Bangkok Post covers the SET news on this link below…

    http://bangkokpost.net/210608_News/21Jun2008_news03.php