Billionaire forms new Thai party


Moving forward: Thananthorn is all smiles after announcing the launch of his new party in Bangkok. — AP

BANGKOK: Thailand’s slow move from military to civilian governance has attracted dozens of new political parties to register in barely two weeks, including one by an Internet-famous billionaire who says he embraces democracy and wants to challenge the country’s traditional powers.

Anakot Mai, or the Future Forward Party, was registered yesterday under the name it received just this week after “Help Thanathorn name his party” trended among Thai Twitter users. A Facebook live interview with party co-founder Thananthorn Juangroongruangkit had over 100,000 views and prompted warnings he was being watched by the ruling junta.

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