Speculation growing over merger between Bhumjaithai and Kla Tham parties
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
City bus union opposes plan for private sector operation of bus services
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City bus union opposes plan for private sector operation of bus services
14 Sept 12:32Key points summarised by AI
The BMTA labour union strongly opposes the Transport Ministry's plan to privatize city bus operations and halt the procurement of 3,000 new buses.
The union asserts that private companies, driven by profit, cannot uphold BMTA's mission of providing affordable services to low-income earners.
A previous cabinet had approved BMTA's rehabilitation plan, which included acquiring new buses, an early retirement scheme, and an E-ticket system.
The Transport Ministry, conversely, favors private sector involvement for its cost-effectiveness and potential for lower fares, suggesting negotiations for existing new buses and route adjustments.
Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama
Yesterday 15:38Key points summarised by AI
Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.