SCB Securities Co., Ltd. (SCBS) has appointed M.L. Thongmakut Thongyai as its CEO and director, effective from 18 January onwards. The appointment was approved by the Securities and Exchange Commission (SEC). SCBS is confident in M.L. Thongmakut's capability and experience developed during more than 14 years in the securities business.
SCBS Board Chairman Yokporn Tantisawetrat remarked that, “SCBS executives and staff would like to extend a warm welcome to M.L. Thongmakut Thongyai, a securities business veteran. We are confident that he will help strengthen SCBS by expanding our client base, both retail and institutional investors, as well as create and develop service and a competitive edge to enhance SCBS capabilities in coping with tough competition in the securities business.”
M.L. Thongmakut Thongyai holds an MBA from the American University, USA. Prior to the office of SCBS CEO, he was Citicorp Securities Thailand Managing Director, and earlier worked for KGI Securities (Thailand) PLC and CLSA Securities Thailand Ltd., respectively.
Thursday, January 21, 2010
Sunday, January 17, 2010
Hard Disk Drive Industry Veteran to Lead Storage Company’s Global Manufacturing and Supply Chain Operations
Hitachi Global Storage Technologies (Hitachi GST) announced the appointment of Don Blake as senior vice president of Operations. Mr. Blake will lead a team focused on making operational improvements that strengthen Hitachi GST’s competitive position in the global hard disk drive market. He comes to Hitachi after spending 13 years at Western Digital Corporation, where he most recently served as vice president and general manager of WD Media.
“Don brings a proven record of accomplishment in high-volume manufacturing, supply chain management and global business operations,” said Steve Milligan, president, Hitachi Global Storage Technologies. “His leadership and industry knowledge will be critically important as we continue to make process and efficiency improvements that will have a positive impact on customer response time, product quality and overall satisfaction.”
Mr. Blake has more than 25 years of manufacturing and operations expertise in the hard disk drive industry. His tenure at WD included executive-level manufacturing, program management and quality roles. He spent seven years in Asia managing WD’s HDD operations and played a leading role in the acquisition and successful integration of Komag. He began his career at Digital Equipment Corporation and held operations management positions of increasing responsibility at Connor Peripherals, Maxtor and Toshiba.
Mr. Blake will maintain offices in Asia and at the company’s headquarters in San Jose, Calif.
“Don brings a proven record of accomplishment in high-volume manufacturing, supply chain management and global business operations,” said Steve Milligan, president, Hitachi Global Storage Technologies. “His leadership and industry knowledge will be critically important as we continue to make process and efficiency improvements that will have a positive impact on customer response time, product quality and overall satisfaction.”
Mr. Blake has more than 25 years of manufacturing and operations expertise in the hard disk drive industry. His tenure at WD included executive-level manufacturing, program management and quality roles. He spent seven years in Asia managing WD’s HDD operations and played a leading role in the acquisition and successful integration of Komag. He began his career at Digital Equipment Corporation and held operations management positions of increasing responsibility at Connor Peripherals, Maxtor and Toshiba.
Mr. Blake will maintain offices in Asia and at the company’s headquarters in San Jose, Calif.
Saturday, January 2, 2010
Glodow Nead Communications Names Yeo Hwee Peng to Head Agency's New International Office in Singapore
Former Starwood Hotels & Resorts Executive to Lead Asian Market Development for Leading U.S. Public Relations Agency
Glodow Nead Communications, LLC (GNC) ( http://www.glodownead.com ), a leading U.S. public relations agency headquartered in San Francisco, today announced the appointment of Yeo Hwee Peng to the new position of director of Asian markets. The former director of corporate communications for Starwood
Hotels & Resorts, Asia Pacific, Yeo will head Glodow Nead's first international office in Asia. Yeo will divide her time between the agency's San Francisco and Singapore offices.
Glodow Nead Asia's focus is three-fold: to assist U.S. clients to establish a presence in Asia; to assist Asian clients to establish a presence in North America; and to assist Asia-based clients, including Asian divisions of U.S.-based companies, to establish and bolster their presence within Asia.
During her 10-year tenure with Starwood Hotels & Resorts, Yeo consistently engineered highly successful, strategically targeted media campaigns throughout the Asia Pacific region, including Mainland China, India, Japan, Hong Kong, Singapore, Vietnam, Thailand and South Korea. She directed the communications
strategy for Starwood Asia Pacific properties, including the St. Regis, Le Meridien, Sheraton, Westin and W brands.
In the course of a 30-year history publicizing an unusually wide array of consumer products and services, Glodow Nead transformed itself from one of the West Coast's foremost music and entertainment industry agencies into one of the country's premier lifestyle agencies, representing a diverse roster of clients spanning hotels and resorts, destination restaurants, premium wineries, high-end real estate, games and children's apparel, green investment and technology, high-profile individuals, cultural events and institutions, artisanal foods, and high-impact events such as Sir Richard Branson's record-breaking aviation exploits, the world-wide launch of the Pokemon trading card phenomenon, and eco-adventurer David de Rothschilds' upcoming Plastiki
voyage.
Current clients of Glodow Nead Asia include Hong Kong-based toy manufacturer Kader Holding Companies Limited; W Retreat Koh Samui and The Residences at W Retreat Koh Samui; real estate consultancy Sanuk Mak; Savills Asia Pacific; Millennium Partners, a leading U.S. developer of five-star hotels
and luxury condominiums; and ChinaBio, producer of the largest biotech partnering event in North America.
Glodow Nead Communications, LLC (GNC) ( http://www.glodownead.com ), a leading U.S. public relations agency headquartered in San Francisco, today announced the appointment of Yeo Hwee Peng to the new position of director of Asian markets. The former director of corporate communications for Starwood
Hotels & Resorts, Asia Pacific, Yeo will head Glodow Nead's first international office in Asia. Yeo will divide her time between the agency's San Francisco and Singapore offices.
Glodow Nead Asia's focus is three-fold: to assist U.S. clients to establish a presence in Asia; to assist Asian clients to establish a presence in North America; and to assist Asia-based clients, including Asian divisions of U.S.-based companies, to establish and bolster their presence within Asia.
During her 10-year tenure with Starwood Hotels & Resorts, Yeo consistently engineered highly successful, strategically targeted media campaigns throughout the Asia Pacific region, including Mainland China, India, Japan, Hong Kong, Singapore, Vietnam, Thailand and South Korea. She directed the communications
strategy for Starwood Asia Pacific properties, including the St. Regis, Le Meridien, Sheraton, Westin and W brands.
In the course of a 30-year history publicizing an unusually wide array of consumer products and services, Glodow Nead transformed itself from one of the West Coast's foremost music and entertainment industry agencies into one of the country's premier lifestyle agencies, representing a diverse roster of clients spanning hotels and resorts, destination restaurants, premium wineries, high-end real estate, games and children's apparel, green investment and technology, high-profile individuals, cultural events and institutions, artisanal foods, and high-impact events such as Sir Richard Branson's record-breaking aviation exploits, the world-wide launch of the Pokemon trading card phenomenon, and eco-adventurer David de Rothschilds' upcoming Plastiki
voyage.
Current clients of Glodow Nead Asia include Hong Kong-based toy manufacturer Kader Holding Companies Limited; W Retreat Koh Samui and The Residences at W Retreat Koh Samui; real estate consultancy Sanuk Mak; Savills Asia Pacific; Millennium Partners, a leading U.S. developer of five-star hotels
and luxury condominiums; and ChinaBio, producer of the largest biotech partnering event in North America.
Saturday, November 21, 2009
Clariden Leu Appoints New Co-Heads for North Asia
Clariden Leu, one of Switzerland's leading private banks, has appointed Raymond Chung and David Louie as new Co-Heads of North Asia.
The Swiss private bank Clariden Leu is further strengthening its position in the Asian market with the appointment of Raymond Chung and David Louie as Co-Heads of North Asia, both effective November 2, 2009. "The new executives are very well acquainted with the North Asian market and have more than 20 years of experience in the wealth management industry," says Erich Pfister, Head of the Middle East & Asia Division. "Together with the Head Asia, Jimmy Lee, and the recently appointed Chairman Asia, Kenneth Toong, they will consistently drive forward the implementation of Clariden Leu's growth strategy in North Asia."
Raymond Chung worked for 16 years as Managing Director Private Wealth Management at Deutsche Bank and Bankers Trust Company in Hong Kong. In this role he managed a team of more than 20 private bankers. Prior to that, he held senior management positions at Standard Chartered Bank in Hong Kong.
David Louie spent 15 years as Managing Director Private Wealth Management at Deutsche Bank in Hong Kong, where he led a team of 40 private bankers. He also held senior management positions at Chase Manhattan and Republic National Bank of New York in Hong Kong. Prior to this he worked at Bankers Trust Company and Citibank International in Hong Kong and Los Angeles.
The Swiss private bank Clariden Leu is further strengthening its position in the Asian market with the appointment of Raymond Chung and David Louie as Co-Heads of North Asia, both effective November 2, 2009. "The new executives are very well acquainted with the North Asian market and have more than 20 years of experience in the wealth management industry," says Erich Pfister, Head of the Middle East & Asia Division. "Together with the Head Asia, Jimmy Lee, and the recently appointed Chairman Asia, Kenneth Toong, they will consistently drive forward the implementation of Clariden Leu's growth strategy in North Asia."
Raymond Chung worked for 16 years as Managing Director Private Wealth Management at Deutsche Bank and Bankers Trust Company in Hong Kong. In this role he managed a team of more than 20 private bankers. Prior to that, he held senior management positions at Standard Chartered Bank in Hong Kong.
David Louie spent 15 years as Managing Director Private Wealth Management at Deutsche Bank in Hong Kong, where he led a team of 40 private bankers. He also held senior management positions at Chase Manhattan and Republic National Bank of New York in Hong Kong. Prior to this he worked at Bankers Trust Company and Citibank International in Hong Kong and Los Angeles.
Wednesday, November 11, 2009
Another delay to Yanyong's appointment
The prime minister has put the Commerce Ministry's proposed appointment of Yanyong Puangrat as the permanent secretary on hold for another week.
Abhisit Vejjajiva yesterday told the weekly cabinet meeting the nomination of Mr Yanyong, director-general of the Internal Trade Department, was being delayed for another week so he could have a "face-to-face" meeting with the man first.
The proposed appointment was put on hold yesterday for a third week.
"There are still many government policies that I want to make him understand, especially the promotion of the agricultural production policy," he said.
Mr Abhisit has asked Commerce Minister Porntiva Nakasai to invite Mr Yanyong for a meeting at Government House.
Never before has a Thai prime minister summoned a candidate for the post of permanent secretary to discuss his vision.
Mr Yanyong, who has three years before mandatory retirement in 2012,is said to be at odds with Mr Abhisit over the crop pricing policy.
Mr Yanyong's involvement in the Commerce Ministry's investigation of Kularb Kaew, a company accused of being a nominee for Singapore's Temasek Holdings, which now owns former prime minister Thaksin Shinawatra's Shin Corp, could have caused the Democrat Party to have second thoughts over the nomination.
However, the prime minister insisted yesterday the postponement was neither being made due to political or personal reasons.
Apart from the sale of agricultural produce, especially corn and tapioca,he said he wanted Mr Yanyong to pay attention to a policy that would guarantee higher income for farmers.
Mrs Porntiva said after the cabinet meeting she and Mr Yanyong would meet Mr Abhisit today.
The cabinet approved the other proposed appointments involving key positions at other ministries.
The Transport Ministry saw Supoj Saplom, its Highways Department chief, promoted to the post of new permanent secretary.
Deputy public health permanent secretary Paijit Warachit was named the new permanent secretary for pu-
lic health.
Dr Paijit, who is responsible for the fight against bird flu and the type-A (H1N1) flu, was considered a dark horse.
It is believed his clean record helped him beat Medical Services Department director-general Raywat Wisrutvej, Medical Sciences Department chief Manit Teeratantikanon and the most senior deputy permanent secretary, Chaktham Dhammajak, to the top job.
The Interior Ministry's Pairat Sakolphan, director-general of the Community Development Department,was promoted to head the Local Administration Promotion Department.
The ministry also saw the reshuffle of governors in several southern and central provinces.
Surat Thani governor Pracha Terat was made an inspector-general and replaced by his deputy, Damri Boonjing.
Yala governor Thira Mintarasak was named Nakhon Si Thammarat governor, and Narathiwat governor Winai Kharuwannapat was appointed the new Phatthalung governor.
Abhisit Vejjajiva yesterday told the weekly cabinet meeting the nomination of Mr Yanyong, director-general of the Internal Trade Department, was being delayed for another week so he could have a "face-to-face" meeting with the man first.
The proposed appointment was put on hold yesterday for a third week.
"There are still many government policies that I want to make him understand, especially the promotion of the agricultural production policy," he said.
Mr Abhisit has asked Commerce Minister Porntiva Nakasai to invite Mr Yanyong for a meeting at Government House.
Never before has a Thai prime minister summoned a candidate for the post of permanent secretary to discuss his vision.
Mr Yanyong, who has three years before mandatory retirement in 2012,is said to be at odds with Mr Abhisit over the crop pricing policy.
Mr Yanyong's involvement in the Commerce Ministry's investigation of Kularb Kaew, a company accused of being a nominee for Singapore's Temasek Holdings, which now owns former prime minister Thaksin Shinawatra's Shin Corp, could have caused the Democrat Party to have second thoughts over the nomination.
However, the prime minister insisted yesterday the postponement was neither being made due to political or personal reasons.
Apart from the sale of agricultural produce, especially corn and tapioca,he said he wanted Mr Yanyong to pay attention to a policy that would guarantee higher income for farmers.
Mrs Porntiva said after the cabinet meeting she and Mr Yanyong would meet Mr Abhisit today.
The cabinet approved the other proposed appointments involving key positions at other ministries.
The Transport Ministry saw Supoj Saplom, its Highways Department chief, promoted to the post of new permanent secretary.
Deputy public health permanent secretary Paijit Warachit was named the new permanent secretary for pu-
lic health.
Dr Paijit, who is responsible for the fight against bird flu and the type-A (H1N1) flu, was considered a dark horse.
It is believed his clean record helped him beat Medical Services Department director-general Raywat Wisrutvej, Medical Sciences Department chief Manit Teeratantikanon and the most senior deputy permanent secretary, Chaktham Dhammajak, to the top job.
The Interior Ministry's Pairat Sakolphan, director-general of the Community Development Department,was promoted to head the Local Administration Promotion Department.
The ministry also saw the reshuffle of governors in several southern and central provinces.
Surat Thani governor Pracha Terat was made an inspector-general and replaced by his deputy, Damri Boonjing.
Yala governor Thira Mintarasak was named Nakhon Si Thammarat governor, and Narathiwat governor Winai Kharuwannapat was appointed the new Phatthalung governor.
Tuesday, October 13, 2009
The thin blue line is getting thinner
Police have celebrated the National Police Day this year without their most senior officers due to continued government delays in appointing senior commanders.
Officers in all provinces conducted ceremonies yesterday to mark the day without any provincial police chiefs present to commemorate the event, observers said.
The government has not yet appointed provincial police chiefs because of struggles within the ruling coalition.The annual appointments are normally completed before the end of the fiscal year, Sept 30, when civil servants including police officers who have reached 60 years usually retire.
Deputy Prime Minister Suthep Thaugsuban, who is responsible for national security, said the Police Commission would meet this Friday to discuss appointing local police chiefs. The list of appointments had been prepared and should be approved at the meeting, he said.
But Mr Suthep did not say when the appointment process would be finalised and refused comment on the cause of the delays.
The appointment of a replacement for former national police chief Patchar-awat Wongsuwon, who retired two weeks ago, has proved a serious obstacle.
Traffic police said they marked Police Day yesterday by avoiding issuing tickets and handing out fines to drivers who violated traffic laws, opting instead to give verbal warnings.
Prime Minister Abhisit Vejjajiva asked officers in his national address to cooperate with government efforts to find a solution to the economic, political and administrative challenges facing the country. He also promised to give his full support to the police.
Mr Abhisit reminded officers to use peaceful means to solve conflicts, promote national reconciliation and protect the royal institution.
Convicted former prime minister Thaksin Shinawatra yesterday used Twitter to criticise the delayed police reshuffle.
The retired police lieutenant-colonel said he had not seen police morale at such a low ebb for many years. Thaksin offered the police his moral support and made a wish to help them overcome the continuing economic and political crises.
Mr Suthep, meanwhile, sidestepped the question of when the government would appoint a new national police chief to replace Pol Gen Patcharawat.
He said he could not comment as the decision rested with the Royal Thai Police Board which was chaired by the prime minister.
Mr Suthep refused to comment on speculation that the new national police chief has already been decided.
Former PM's secretary-general Niphon Phromphan was reported to have told guests at a recent party at Mr Suthep's Surat Thani home that the prime minister had accepted a "special signal" over who should be appointed the next chief.
Mr Niphon and Mr Suthep were said to have backed the Bhumjaithai Party's nomination of deputy police chief Chumpol Manmai for the post, but Mr Abhisit has supported acting national police chief Pateep Tanprasert.
Mr Abhisit nominated Pol Gen Pateep at the two past board meetings only to have his choice rejected.
Mr Niphon recently resigned from his post as PM's secretary-general.
Officers in all provinces conducted ceremonies yesterday to mark the day without any provincial police chiefs present to commemorate the event, observers said.
The government has not yet appointed provincial police chiefs because of struggles within the ruling coalition.The annual appointments are normally completed before the end of the fiscal year, Sept 30, when civil servants including police officers who have reached 60 years usually retire.
Deputy Prime Minister Suthep Thaugsuban, who is responsible for national security, said the Police Commission would meet this Friday to discuss appointing local police chiefs. The list of appointments had been prepared and should be approved at the meeting, he said.
But Mr Suthep did not say when the appointment process would be finalised and refused comment on the cause of the delays.
The appointment of a replacement for former national police chief Patchar-awat Wongsuwon, who retired two weeks ago, has proved a serious obstacle.
Traffic police said they marked Police Day yesterday by avoiding issuing tickets and handing out fines to drivers who violated traffic laws, opting instead to give verbal warnings.
Prime Minister Abhisit Vejjajiva asked officers in his national address to cooperate with government efforts to find a solution to the economic, political and administrative challenges facing the country. He also promised to give his full support to the police.
Mr Abhisit reminded officers to use peaceful means to solve conflicts, promote national reconciliation and protect the royal institution.
Convicted former prime minister Thaksin Shinawatra yesterday used Twitter to criticise the delayed police reshuffle.
The retired police lieutenant-colonel said he had not seen police morale at such a low ebb for many years. Thaksin offered the police his moral support and made a wish to help them overcome the continuing economic and political crises.
Mr Suthep, meanwhile, sidestepped the question of when the government would appoint a new national police chief to replace Pol Gen Patcharawat.
He said he could not comment as the decision rested with the Royal Thai Police Board which was chaired by the prime minister.
Mr Suthep refused to comment on speculation that the new national police chief has already been decided.
Former PM's secretary-general Niphon Phromphan was reported to have told guests at a recent party at Mr Suthep's Surat Thani home that the prime minister had accepted a "special signal" over who should be appointed the next chief.
Mr Niphon and Mr Suthep were said to have backed the Bhumjaithai Party's nomination of deputy police chief Chumpol Manmai for the post, but Mr Abhisit has supported acting national police chief Pateep Tanprasert.
Mr Abhisit nominated Pol Gen Pateep at the two past board meetings only to have his choice rejected.
Mr Niphon recently resigned from his post as PM's secretary-general.
Thursday, October 8, 2009
TOP LEADERS AT DAGGERS DRAWN
Cracks appear to have widened within the Democrat Party. Recently, the Democrats held an internal meeting to sort out their own grievances. The longer they stay in power, the deeper divisions they face among their hierarchy.
Many Democrat MPs are now defecting to the camp of Banyat Bantadtan, an adviser to the party, pitting him against Suthep Thaugsuban, the secretary-general. Chuan Leekpai, head of the advisory committee of the party, is trying to juggle the power within the party.
Banyat and Suthep still have some old scores to settle. Suthep backed Abhisit Vejjajiva when Abhisit challenged Banyat for the leadership of the Democrat Party.
Many Democrats now feel that Suthep will take matters in his own hands and put his own interest above that of the party. At the same time, Abhisit is working too closely with Suthep.
Political sources said that in the internal meeting Suthep did not pull his punches, knowing that many knives were out for him. "Had it not been for me, you people would not have come this far," he was quoted as saying. Suthep would like the Democrats to shower him with gratitude rather than with contempt.
To which Banyat retorted promptly that "without you, we would have been much better off today."
This clash signalled a fresh round in the battle for power within the Democrat Party, which is facing even more complications arising from the resignation of Niphon Promphan, the secretary-general to the prime minister. Niphon decided to bow out after his failure to lobby for General Jumpol Manmai to become the next police chief. Niphon had played out his cards and had to assume responsibility. Jumpol has lost out to General Patheep Tanprasert, who has managed to serve as acting police chief in a political compromise.
This episode has hurt enormously the credibility of Abhisit, who engaged in a see-saw battle against Police Chief Patcharawat Wongssuwan for a whole month before the chief be edged out.
With Niphon's departure, Abhisit has indicated he will mount a minor reshuffle of the Cabinet. But will it be a minor or a major reshuffle?
Korbsak Sabhavasu, the deputy prime minister, will be moved out of his job and replace Niphon as secretary-general to the prime minister. Korbsak is the real economic czar, now overseeing the economic management policy of the Abhisit government. He has the trust of Abhisit. Korn Chatikavanij, the finance minister, is no match to Korbsak's experience and depth.
Korbsak is reluctant to face a change in his role as economic czar at this juncture but will have to take up the new assignment for the sake of the party. Trairong Suwannakhiri, the Democrat veteran, will succeed Korbsak as deputy prime minister. Trairong has received full backing from Chuan.
Political sources said the could be a reshuffle at the Foreign Ministry. They said One-art Khlamphaiboon, who is quite a capable Democrat, could replace Kasit Piromya as foreign minister in this round of Cabinet reshuffle.
October is a bad month for Thai politics as it is a convenient time to rock the boat. General Sonthi Boonyaratglin, the 2007 coup leader, is making his presence felt in the political scene, while General Chavalit Yongchaiyudh has agreed to head the Pheu Thai Party. The Bhum Jai Thai Party has taken an order from the red shirt political clique to launch an amendment to the constitution.
Abhisit is trying to hang tough in his office as the political environment deteriorates into quicksand. Between now and the end of the year, a snap election could be called at any time.
Many Democrat MPs are now defecting to the camp of Banyat Bantadtan, an adviser to the party, pitting him against Suthep Thaugsuban, the secretary-general. Chuan Leekpai, head of the advisory committee of the party, is trying to juggle the power within the party.
Banyat and Suthep still have some old scores to settle. Suthep backed Abhisit Vejjajiva when Abhisit challenged Banyat for the leadership of the Democrat Party.
Many Democrats now feel that Suthep will take matters in his own hands and put his own interest above that of the party. At the same time, Abhisit is working too closely with Suthep.
Political sources said that in the internal meeting Suthep did not pull his punches, knowing that many knives were out for him. "Had it not been for me, you people would not have come this far," he was quoted as saying. Suthep would like the Democrats to shower him with gratitude rather than with contempt.
To which Banyat retorted promptly that "without you, we would have been much better off today."
This clash signalled a fresh round in the battle for power within the Democrat Party, which is facing even more complications arising from the resignation of Niphon Promphan, the secretary-general to the prime minister. Niphon decided to bow out after his failure to lobby for General Jumpol Manmai to become the next police chief. Niphon had played out his cards and had to assume responsibility. Jumpol has lost out to General Patheep Tanprasert, who has managed to serve as acting police chief in a political compromise.
This episode has hurt enormously the credibility of Abhisit, who engaged in a see-saw battle against Police Chief Patcharawat Wongssuwan for a whole month before the chief be edged out.
With Niphon's departure, Abhisit has indicated he will mount a minor reshuffle of the Cabinet. But will it be a minor or a major reshuffle?
Korbsak Sabhavasu, the deputy prime minister, will be moved out of his job and replace Niphon as secretary-general to the prime minister. Korbsak is the real economic czar, now overseeing the economic management policy of the Abhisit government. He has the trust of Abhisit. Korn Chatikavanij, the finance minister, is no match to Korbsak's experience and depth.
Korbsak is reluctant to face a change in his role as economic czar at this juncture but will have to take up the new assignment for the sake of the party. Trairong Suwannakhiri, the Democrat veteran, will succeed Korbsak as deputy prime minister. Trairong has received full backing from Chuan.
Political sources said the could be a reshuffle at the Foreign Ministry. They said One-art Khlamphaiboon, who is quite a capable Democrat, could replace Kasit Piromya as foreign minister in this round of Cabinet reshuffle.
October is a bad month for Thai politics as it is a convenient time to rock the boat. General Sonthi Boonyaratglin, the 2007 coup leader, is making his presence felt in the political scene, while General Chavalit Yongchaiyudh has agreed to head the Pheu Thai Party. The Bhum Jai Thai Party has taken an order from the red shirt political clique to launch an amendment to the constitution.
Abhisit is trying to hang tough in his office as the political environment deteriorates into quicksand. Between now and the end of the year, a snap election could be called at any time.
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