Thai junta leader appointed prime minister


Thailand's junta leader, General Prayuth Chan-ocha, has officially been appointed prime minister, following an endorsement from the country's monarch.

The new PM says he will appoint members to his new cabinet next month.

Thailand's economy shrank in the first half of the year, due to the mass protests against former leader Yingluck Shinawatra, however, growth did pick up in Q2, expanding 0.4% Y/Y and 0.9% Q/Q.

ETFs: THD

Comments (1)
  • User 29687825
    , contributor
    Comment (1) | Send Message
     
    What else you can say. It's a way of life for Thai people having to live with. A vicious circle of 12 coups since Thailand's turning from "absolute" to "constitutional" monarchy. I hope the country reforms as intended by this military government can truly convert the vicious to the virtuous circle for the betterment of the people.
    25 Aug 2014, 09:01 AM Reply Like
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