Thai Rak Thai Party
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Thai Rak Thai Party
The Thai Rak Thai Party (TRT; th, พรรคไทยรักไทย, , ; "Thais Love Thais Party") was a Thai political party founded in 1998. From 2001 to 2006, it was the ruling party under its founder, Prime Minister Thaksin Shinawatra. During its brief existence, Thai Rak Thai won the three general elections it contested. Eight months after a military coup forced Thaksin to remain in exile, the party was dissolved on 30 May 2007 by the Constitutional Tribunal for violation of electoral laws, with 111 former party members banned from participating in politics for five years. Party platform and electoral outcomes Thai Rak Thai was registered on 15 July 1998, by telecommunications entrepreneur Thaksin Shinawatra and 22 other founding members, including Somkid Jatusripitak, Thanong Bidaya, Sudarat Keyuraphan, Purachai Piumsombun, Thammarak Isaragura na Ayuthaya, and Prommin Lertsuridej. The Thai Rak Thai party had a populist platform, appealing to indebted farmers, w ...
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Thai Rak Thai Logo
Thai or THAI may refer to: * Of or from Thailand, a country in Southeast Asia ** Thai people, the dominant ethnic group of Thailand ** Thai language, a Tai-Kadai language spoken mainly in and around Thailand *** Thai script *** Thai (Unicode block) People with the name * Thai (surname), a Vietnamese version of Cai, including a list of people with the name * Thai Lee (born 1958), an American businesswoman * Thai Nguyen, US-based Vietnamese fashion designer and television personality Other uses * Thai (cannabis), a name for the drug * Thai Airways, the national airline of Thailand * Thai cat, a breed of cat * Thai, a month in the Tamil calendar * Toe to Heel Air Injection (THAI), a method of extracting oil from oil sands See also * * Dai (other) * Tai (other) * Tay (other) * Thais (other) * Thay (other) * Tie (other) * Siam (other) * Tai peoples or Thai peoples, the ethnic groups of southern China and Southe ...
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Sudarat Keyuraphan
Sudarat Keyuraphan ( th, สุดารัตน์ เกยุราพันธุ์, ) is a Thai politician and former chairwoman of Pheu Thai Party's strategic committee. She held various positions in the cabinet and served multiple terms as a Member of Parliament. She was her party's prime minister candidate in the 2019 Thai general election. Family and personal life Sudarat was born in Bangkok to Mr. Sompon Keyurapan and Mrs. Renu Keyuraphan. Her father was the former Member of Parliament from Nakhon Ratchasima Province. Sudarat graduated high-school from St. Joseph Convent School in Bangkok. She earned her bachelor's degree from Chulalongkorn University in commerce and accountancy and a master's degree from the Sasin Graduate Institute of Business Administration. In 2018, she earned her doctoral degree in Buddhist studies from Mahachulalongkornrajavidyalaya University. Sudarat is married to Mr. Somyos Leelapunyalert, who is a real estate entrepreneur. They have 3 c ...
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April 2006 Thailand Legislative Election
General elections were held in Thailand in April 2006. Elections for the lower house of the Thai National Assembly, the House of Representatives, were held on 2 April 2006 and elections for the upper house, the Senate, were held on 19 April 2006. The Constitutional Court later invalidated the House of Representatives election results and ordered a new round of voting. The ruling Thais Love Thais (TRT) party of Prime Minister Thaksin Shinawatra won a majority seats in the House of Representatives, partly as a result of the decision by the major opposition parties to boycott the elections. Nearly complete results showed that TRT won 61% of the valid vote and about 460 of the 500 seats. Despite this, Thaksin announced his resignation two days after the election. Although TRT easily won the election in terms of both votes and seats, the results were seen by Thaksin's opponents and media critics as a rejection of his call for an overwhelming mandate. In parts of Bangkok and in south ...
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2005 Thai General Election
General elections were held in Thailand on 6 February 2005. The result was a landslide victory for the Thai Rak Thai party of Prime Minister Thaksin Shinawatra, which won 377 of the 500 seats in the House of Representatives, with its former coalition partner, the Chart Thai Party taking 25 seats. The opposition Democrat Party of Thailand won only 96 seats and the newly formed Mahachon Party took two seats. Background Following the 2001 general elections, the New Aspiration Party merged into Thai Rak Thai, although it the NAP was later re-established by Chingchai Mongkoltham. The National Development Party (Thailand) and Liberal Democratic Party also merged with Thai Rak Thai Party. Electoral system At the time, the House of Representatives consisted of 400 members elected from single-member constituencies and 100 members elected from national party lists on a proportional basis. Campaign Democrat Party The Democrat Party, led by Banyat Bantadtan, did not seriously expect to ...
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House Of Representatives Of Thailand
The House of Representatives ( th, สภาผู้แทนราษฎร; ; ) is the lower house of the National Assembly of Thailand, the legislative branch of the Thai government. The system of government of Thailand is that of a constitutional monarchy and a parliamentary democracy. The system of the Thai legislative branch is modelled after the Westminster system. The House of Representatives has 500 members, all of which are democratically elected: 400 members were elected through single member constituency elections, while the other 100 are elected through party lists parallel voting. The roles and powers of the House of Representatives were enshrined in the Constitution of 2017 which was amended in 2021. The House of Representatives was temporarily abolished as a result of the 2014 Thai coup d'état and replaced with the unicameral National Legislative Assembly, a body of 250 members, selected by the National Council for Peace and Order. After the promulgation of ...
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Thai Nation Party
Thai Nation Party, or Chart Thai Party ( th, พรรคชาติไทย, ) was a conservative political party in Thailand. It was dissolved by the Constitutional Court of Thailand on December 2, 2008, along with the People's Power Party and the Neutral Democratic Party, for having violated electoral laws in the 2007 Thai general election. Thereafter, most MPs founded the Chartthaipattana Party (Thai Nation Development Party), which became the Thai Nation Party's successor. Foundation and first electoral successes The Thai Nation Party was founded in 1974 by Chatichai Choonhavan, son of Field Marshal Phin Choonhavan, and his in-laws Pramarn Adireksarn and Siri Siriyothin, who were at the time major-generals like him. The three belonged to the "Rajakru clan", a military, economic and political interest group established by Field Marshal Phin. The party represented the rightist and pro-military wing of Thai politics during the relatively liberal and democratic years from 1973 ...
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New Aspiration Party
The New Aspiration Party (''Phak Khwam Wang Mai th, พรรคความหวังใหม่'') is a political party in Thailand. The party was established in 1990 by General Chavalit Yongchaiyudh after his retirement as Commander-In-Chief of the Royal Thai Army. This party won the elections of 1996 and formed a coalition government with Chavalit as Prime Minister. The onset of the Asian Financial Crisis in 1997 diminished the electorate's confidence in the government, and Chavalit was forced to resign. Discredited as a result of the economic crisis, Chavalit formed a coalition with the populist Thai Rak Thai Party led by Thaksin Shinawatra to take part in the 2001 elections. Shortly after the election, the majority of the New Aspiration Party merged with Thai Rak Thai and Chavalit became the Deputy Prime Minister in Thaksin's cabinet. After the election in 2001, Thaksin Shinawatra of the Thai Rak Thai Party became prime minister. The New Aspiration Party joined his ...
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Democrat Party (Thailand)
The Democrat Party ( th, พรรคประชาธิปัตย์; ) is a Thai political party. The oldest party in Thailand, it was founded as a royalist party, and now upholds a conservative and pro-market position. The Democrat Party made its best showings in parliament in 1948, 1976, and 1996. It has never won an outright parliamentary majority. The party's electoral support bases are southern Thailand and Bangkok, although election results in Bangkok have fluctuated widely. Since 2004, Democrat candidates won three elections for the governorship of Bangkok. From 2005 to 2019, the Democrat Party was led by Abhisit Vejjajiva, former prime minister. Names The Thai name of the party, ''Prachathipat'' (ประชาธิปัตย์), is derived from the word ''prachathipatai'' (ประชาธิปไตย) which means 'democracy', 'democratic' or 'democrat'. The party said it wanted the term to mean the people in whom democracy is vested. History P ...
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2001 Thailand Legislative Election
General elections were held in Thailand on 6 January 2001 to elect the 500 seats of the House of Representatives. In accordance with the recently enacted 1997 constitution, the House of Representatives was composed of 400 members elected from single-member constituencies and 100 elected from national party lists on a proportional basis. The Thai Rak Thai The Thai Rak Thai Party (TRT; th, พรรคไทยรักไทย, , ; "Thais Love Thais Party") was a Thai political party founded in 1998. From 2001 to 2006, it was the ruling party under its founder, Prime Minister Thaksin Shinawatr ... party co-founded and led by Thaksin Shinawatra won the largest number of votes and 248 of the 500 seats on a populist platform of economic growth and anti-corruption. Following the elections, it gained a parliamentary majority by merging with the New Aspiration Party, giving it 286 seats. A coalition government was formed with the Thai Nation Party. The Democrat Party (Thailand), D ...
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One Tambon One Product
One Tambon One Product (OTOP) is a local entrepreneurship stimulus program designed by Thailand's former Prime Minister Thaksin Shinawatra during his 2001-2006 Thai Rak Thai government. The program aimed to support locally made and marketed products of each of Thailand's 7,255 tambons (sub-district). Drawing its inspiration from Japan's successful One Village One Product (OVOP) program, the OTOP program encourages village communities to improve the quality and marketing of local products, selecting one superior product from each tambon to receive formal branding as its "starred OTOP product". It provides both a local and national stage to the promote these products. OTOP includes a large array of local products, including traditional handicrafts, cotton and silk garments, pottery, fashion accessories, household items, and foods. After a military junta overthrew Thaksin's government in 2006 following an election cancelled for irregularities, the OTOP program was cancelled. However, ...
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Microcredit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayment.'' Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Ba ...
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Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ...
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