Unhappiness Brewing in North Thailand

Posted: October 1, 2015 in Thailand
Tags: , , ,

The rural heartland of Thailand’s deposed leader Yingluck Shinawatra and her exiled billionaire brother Thaksin is hurting as a result of the military government’s economic policies, stirring discontent and the threat of protests.

The removal of generous agricultural subsidies has left rice farmers in northeast Thailand struggling with mounting debts, and they will get little relief when they sell their crop in coming months with rice prices near an 8-year low.

Petty crime is on the rise and retailers are struggling. The vast Platinum 168 shopping mall on the outskirts of the provincial capital of Udon Thani was built during the boom, but it is now less than a third occupied and no longer charging tenants rent.

“People are complaining about the rising costs of living, of having no money for spending,” said Teerasak Teecayuphan, the mayor of the neighboring provincial capital of Khon Kaen. “Their patience will gradually run out. Sooner or later this pot will boil over.”

Reuters’ story “Rising anger in Thailand’s boom-to-bust northeast” (See: http://www.reuters.com/article/2015/10/01/us-thailand-politics-idUSKCN0RU2R820151001)

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