Thailand's Man Of The Businesspeople
Call it the Revenge of Thailand Inc. With the resounding Jan. 6 election victory of Thaksin Shinawatra, Thai executives at last have a leader who feels their pain. For the past three years, the Bangkok business community has chafed under the austerity policies of the administration of Prime Minister Chuan Leekpai. Foreign investors and the International Monetary Fund generally applauded Chuan's slow, steady postcrisis approach. But the business elite criticized his government for not doing enough to spur domestic demand, get the banks lending again, and protect local companies from foreign takeovers.
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