Thailand Investor Darling, Group Lease Takes Another Hit

Anonymous Equity, the mysterious gadfly organization that a fortnight ago released a devastating report on the troubled Thailand-based hire purchase lender Group Lease, has issued a new report saying it expects the share price to drop to zero and that it will ...

Thai Authorities Suspend Dubious Hire Purchase Company

Thailand’s Securities and Exchange Commission has requested a criminal probe into the activities of Mitsuji Konoshita, the chief executive officer of Group Lease Plc., suspended it from trading as of Oct. 16, t...

Thai Economy a Study in Contradiction

The Thai economy presents a paradox. On the one hand it can boast about the best-underpinned currency in Asia, with a huge current account surplus and reserves. On the other, domestic demand continues to splutter, partly because of a household debt overhang wh...

Who Benefits from Yingluck’s Exile from Thailand?

Former Thai Prime Minister Yingluck Shinawatra has apparently fled the country in advance of a court verdict on charges brought by the current military regime that could have seen her face a long prison term. S...

Thai Critic Faces Death Threat

Pavin Chachavalpongpun has become one of the most implacable critics of the country’s ruling king, Maha Vajiralongkorn, and the junta that took over the country in a coup in 2014. Now that may have put his life in danger from the country’s erratic and violence...

Thai Military Erases Important History

In a small but highly symbolic gesture, the Thai military regime has arranged the removal of a plaque marking the start of the 1932 revolution which ended royal absolutism and led to the first of many versions ...