Thailand’s New Prime Minister Is Getting Down to Business. But Can He Heal His Nation?

A former property mogul who took office in September, Thai Prime Minister Srettha Thavisin is nothing if not outgoing. The 62-year-old Srettha has made over 10 foreign trips to court investors, including China, Japan, the U.S., and the World Economic Forum at Davos, Switzerland. But while Srettha tours the world, hawking Thailand as an investment destination, it’s common knowledge that the nation is an oligopoly dominated by a handful of large conglomerates. “International companies would like to get into the telecom sector, the retail sector, the beverage sector, but everybody knows that these sectors are largely already occupied,” says Duncan McCargo, a professor and Thailand expert at Singapore’s NTU.

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