Singapore Media Watch

Tuesday, October 10, 2006

Thai-Singapore ties at a crossroads - The Nation (Thailand)

The only 'setback' at issue is the opacity of the Shin Corp deal

The statement was conspicuous, and its timing even more so. Singapore Prime Minister Lee Hsien Loong on Friday described Thailand's military coup as "a setback" for the Kingdom and its democracy. This was a rare bold remark from an Asean leader on a country in the region.

It came one day after Singapore's investment arm, Temasek Holdings, sank deeper into the Thai political quagmire following the Supreme Administrative Court's decision to accept a case against its controversial takeover of Thaksin Shinawatra's Shin Corporation.

The court's move and Lee's strong comment have come at a time when bilateral relations are facing perhaps the most difficult time in modern history. (read more...)


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