Former Thai education minister arrested by army

|By:, SA News Editor

Chaturon Chaisang, a former education minister who was hiding until recently was arrested by the military while he was being interviewed by foreign reporters.

"I just want to warn General Prayuth that harsh measures will not help,” says Chaisang. “To be biased against one side of people, is not going to help. And if you really want to resolve the problems of the country, don’t be oppressive. Allow people to participate in the process."

In his address yesterday, the army chief said “everyone was suffering” as a result of the past six months of political uncertainty, and that it is time to “restore political and social stability, as well as confidence.”

"The market has been quite resilient,” Stock Exchange of Thailand President Charamporn Jotikasthira said today in a Bloomberg interview. “What happened in the past several months, we were in a political deadlock and as a result we were not able to move the economic engine properly. So we just have to reset the system and get back to normal as soon as possible.”

Resilient indeed. The SET gained 0.3% overnight and has largely held its YTD gains since the coup. THD +6.3% YTD