November 10, 1992 |
A government tribunal on Monday upheld an amnesty for military leaders and pro-democracy protesters involved in a violent demonstration in May. The new Parliament had rejected the decree last month. The ruling by the Constitution Tribunal is final and means that neither criminal nor civil charges can be lodged, said the tribunal's chairman, Marut Bunnag, who also is speaker of the House of Representatives.
June 22, 1992 |
Just two years ago, the sheer speed of Thailand's economic growth made it appear destined to become Asia's next "little dragon," trailing South Korea, Taiwan, Hong Kong and Singapore. But a hail of army bullets on the streets of Bangkok in May, triggered by anti-military protests, has dimmed hopes of the country becoming an economic dragon any time soon.
June 8, 1992 |
The captains of Thailand's tourism industry, its biggest foreign exchange earner, say last month's political violence could cost the industry hundreds of millions of dollars in lost revenue. "The cumulative effect of these events is a serious lack of confidence which must be of concern to anybody who is involved in the travel and tourism industry," said Chatrachai Bunya-Ananta, executive vice president of Thai International Airways.
May 25, 1992 |
Jubilant Thais celebrated the resignation of the nation's prime minister Sunday, but many demanded the cancellation of a royal amnesty that protects him and military leaders from prosecution for the deaths of unarmed demonstrators. Suchinda Kraprayoon, the former armed forces commander, went on national television at noon Sunday and said he is resigning to "show my political responsibility" for last week's violence during pro-democracy demonstrations.
May 25, 1992 |
With the resignation of Thailand's controversial prime minister Sunday, the stock market is expected to recover today from a slide begun with last week's political violence, according to brokers here. "I think the market should go up tomorrow," Kongkiat Opaswongkarn, managing director of Baring Research Ltd., said Sunday night.
May 24, 1992 |
Embattled Thai Prime Minister Suchinda Kraprayoon, who angered the nation when troops brutally shot down unarmed demonstrators last week, resigned in disgrace today. Appearing on national television, the gaunt-looking former general expressed remorse for the killings and said he hoped the nation would begin to heal itself after his departure.