Major Developments Major Developments by Calendar Year

On November 26, 2008, the explosions at two Bangkok airports provoked the closure of its main international gateway, which is a major center in the region for travelers. These explosions in airport are done by thousands of anti-government protesters to object the return of Thai Prime Minister Somchai Wongsawat from the APEC summit held in Peru. The PAD (People’s Alliance for Democracy), which is an anti-goverment group, has been conducting protests against the government, for being a reason for expelling former Prime Minister Thaksin Shinawatra. Protesters surrounded the parliament building on Monday, forcing lawmakers to postpone their session. Incoming flights have been diverted to other airports around Thailand and the region and the helpless passengers are made to fly out by other means. The closing of Suvarnabhumi and Don Mueang airports from November 25 to December 4 stopped 3.4 million tourists from visiting Thailand. There is a huge loss in many sectors. There is loss of 120 billion baht (currency of Thailand) (4.75 billion dollars) in the service industry, 90 billion baht (3.56 billion dollars) in logistics and 60 billion baht (2.38 billion dollars) in industry (ANI). The continous political crisis has frustrated government from decision-making and weakened investor faith in Thailand’s economy.