Thai protesters threaten to close stock exchange

Stock Exchange of Thailand_Arno Maierbrugger Anti-government protesters in Thailand announced they will close the entrance of the Stock Exchange of Thailand in Bangkok if caretaker Prime Minister Yingluck Shinawatra refuses to resign until January 15, a new deadline given to her.

The blockade would be carried out by the Students and People Network for Thailand’s Reform (SPNTR). Student leaders said that the stock market has to be sacrificed because Thai investors are still ignoring the situation and the protesters viewed the stock market as the “heart” of the Thaksin Shinawatra regime, because former prime minister was still able to participate in the capital markets from overseas.

Upon learning of the threat, the Stock Exchange of Thailand send messages to its officials, allowing the majority of personnel to work from home on January 13.

Another serious thread was to block the Aeronautical Radio of Thailand, which is in sole charge of all communications between aircraft and air traffic controllers in Thailand. This would bring air traffic in Bangkok to a complete halt. Upon the announcement, soldiers have been stationed to protect the radio station.



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Anti-government protesters in Thailand announced they will close the entrance of the Stock Exchange of Thailand in Bangkok if caretaker Prime Minister Yingluck Shinawatra refuses to resign until January 15, a new deadline given to her. The blockade would be carried out by the Students and People Network for Thailand’s Reform (SPNTR). Student leaders said that the stock market has to be sacrificed because Thai investors are still ignoring the situation and the protesters viewed the stock market as the “heart” of the Thaksin Shinawatra regime, because former prime minister was still able to participate in the capital markets from...

Stock Exchange of Thailand_Arno Maierbrugger Anti-government protesters in Thailand announced they will close the entrance of the Stock Exchange of Thailand in Bangkok if caretaker Prime Minister Yingluck Shinawatra refuses to resign until January 15, a new deadline given to her.

The blockade would be carried out by the Students and People Network for Thailand’s Reform (SPNTR). Student leaders said that the stock market has to be sacrificed because Thai investors are still ignoring the situation and the protesters viewed the stock market as the “heart” of the Thaksin Shinawatra regime, because former prime minister was still able to participate in the capital markets from overseas.

Upon learning of the threat, the Stock Exchange of Thailand send messages to its officials, allowing the majority of personnel to work from home on January 13.

Another serious thread was to block the Aeronautical Radio of Thailand, which is in sole charge of all communications between aircraft and air traffic controllers in Thailand. This would bring air traffic in Bangkok to a complete halt. Upon the announcement, soldiers have been stationed to protect the radio station.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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