You are here

Shuttered gold mine shows investor risks from Thai power grab

Gen Prayuth suspends gold mining under Article 44 of the constitution

BT_20161220_DNMINE20_2652865.jpg
Gen Prayuth has used his powers under Article 44 dozens of times, from banning protests to giving soldiers authority to make arrests.

Bangkok

WHEN Thailand's junta leader-turned-prime minister used his absolute power to suspend gold mining - prompting an Australian miner's shares to plummet 19 per cent in a single day - he complicated efforts to attract foreign investors already spooked by military rule.

Prime

sentifi.com

Market voices on:

Powered by GET.comGetCom

Must Read