From a roadside sign: State Railway Workers’ Union of Thailand
Stop! The holding company draft bill “Improvement on Monitoring and Governing State Enterprise Act of year …” [white] before it causes [red] a catastrophe [white] to the country and the people.
[Refers to the protest against the draft bill “Improvement on Monitoring and Governing State Enterprise Act of year …” which has been approved by the Comptroller General’s Department, Ministry of Finance.
This bill aims to reform state enterprises to be more effective and transparent.
However, many state enterprises and their unions are afraid that this will lead to a privatization of the organizations, something they vigorously resisted during Thaksin’s time a prime minister.
This privatization is feared to be a sale of government (or people’s) assets to foreign interests.]