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Business trends

Thai junta looks to keep a hand in state-owned enterprises

Public-sector reform measure put on fast track for passage before election

An aircraft of Thai Airways  (Photo by Shinya Sawai)

BANGKOK -- After years of dragging its feet on public-sector reform, the Thai junta hopes to push through a bill ahead of the March 24 general elections that it claims will leave state-owned enterprises more efficient and better equipped to cope with market forces. 

Some analysts, however, claim the bill is a watered-down version of earlier plans, and see the move as a way of preserving military influence in lucrative public bodies.

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