Thai junta holding the mother of all garage sales

Tue, 2014-06-10 10:03

A couple of weeks into the coup and the intentions of the National Council for Peace and Order are now becoming clearer with the junta working hard at winning the hearts and minds of the people through their wallets. For farmers, the junta has arranged for long-delayed payouts for rice and has ordered a crackdown on loan sharks, while the middle class has seen food, fuel and income tax freezes or cuts. On the other extreme, investors are promised a wide menu of infrastructure projects to pick from ranging from water management to rail, but key of which for the telecom sector is the 900/1800-MHz auction pencilled in for August.

Army commander and junta leader General Prayuth Chanocha also appointed himself as the chairman of the Board of Investment and has been busy courting Chinese investors while his minions hold happiness concerts and crackdown on sandwich-wielding protesters (do not ask).

State-owned telco TOT corporation has announced it has written to the Junta asking for permission to participate in the spectrum auction.

http://www.telecomasia.net/blog/content/thai-junta-holding-mother-all-garage-sales

Good things are coming , in a few years we will all be reaping the benefits.Thing have already started moving forward.