Warning message

Please note that this page is from our archives. There may be more up-to-date content about this topic on our website. Use our search engine to find out.
Union protests have forced the Thai government to back away from its plan to sell its electrical utility for now.

The government of Prime Minister Thaksin Shinawatra has delayed plans to sell a 25-per-cent stake in the utility for at least two months. The government had planned to sell the utility this spring for as much as $1.8 billion US. But unions say the sell off would put the utility in the hands of foreign corporations or politicians and their relatives.