Journalism real and fake

4 12 2009

Yesterday PPT was critical of journalism in the Bangkok Post. Today we were going to make some comments regarding yet another bizarre op-ed by the Nation’s Thanong Khanthong. Fortunately, Bangkok Pundit has saved PPT the trouble and space. Pundit has an excellent discussion of Thanong’s fact-less account of the Map Ta Phut court decision and its alleged impact on Thanong’s arch-enemy Thaksin Shinawatra.

All we’d add to Bangkok Pundit’s account is to also direct readers to a more reliable report at Bloomberg, where the benefits of facts and a little research are shown. Like Pundit, the severe impact of the rulings on the Crown Property Bureau-controlled Siam Cement and the state-controlled PTT  (control defined in terms of shares and board control) are detailed. These two companies “account for 16 percent of the SET index’s market capitalization.” For Siam Cement, the potential negative impact is significant: “Eighteen of the 65 stalled projects are being developed by Siam Cement’s chemicals unit and are valued at 57.5 billion baht.” Siam Cement shares have already dropped significantly.


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5 12 2009
New: Wishful pessimism « Political Prisoners in Thailand

[…] The Bangkok Post (5 December 2009: “Honouring His Majesty’s wish”) decides to take up the Map Ta Phut case and suggest taht the recent decisions are a triumph of a and “environmentalist king,” neglecting his fetish for big dams, regular conflicts with environmentalists and the fact that, at Map Tha Put, royal-associated companies are major problems. […]

13 12 2009
New: Forget corruption « Political Prisoners in Thailand

[…] is also the main company involved in the ongoing and horrendous pollution problems at Map Tha Phut, seemingly causing new illnesses every day. The SCG president admits that this is a problem for the […]

31 07 2013
Why we are not surprised III | Political Prisoners in Thailand

[…] Don’t be surprised if they get off light in Thailand. For one thing, PTT is well-connected. It is massive in terms of stock market capitalization. […]

31 07 2013
Why we are not surprised III | Political Prisoners of Thailand

[…] Don’t be surprised if they get off light in Thailand. For one thing, PTT is well-connected. It is massive in terms of stock market capitalization. […]




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