Strong Asset Growth

July 2007 | Ratings Update

Despite protests, Thailand's Prime Minister Surayud Chulanont announced that his cabinet would allow Singapore the use of the Udon Thani Royal Thai Air Base, extending the contract for another three years. The prime minister said the decision was agreed upon unanimously. The pact with Singapore, which has insufficient air space of its own to conduct air force training manoeuvres, was signed in 2004 by the ousted government of then-premier Thaksin Shinawatra. It has since garnered much opposition, especially after the acquisition of

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