BANGKOK – Stock price of GMM GRAMMY, one of the most comprehensive music businesses in Thailand, soars to the ceiling +30.17% on Tuesday after securing a deal with Tencent.
GMM Grammy’s stock price hit the ceiling at 7.50 baht per share, increasing by 1.75 baht or +30.17% on June 4, 2024, compared to the previous day’s price. This comes after GRAMMY notified the stock exchange on May 31 that it had sold a 10% stake in GMM Music to the Tencent group, a giant technology company from China, for 2,570 million baht. The total valuation of GMM Grammy could be estimated as 25,700 million baht.
This deal aims to extend the Spin-off plan to unlock the value of GMM Music and prepare for an IPO through business expansion, growth creation, artist development, and Know-how exchange between partner organizations, as well as expanding business opportunities to new markets, including China.
According to Prachachat Business, the deal between GRAMMY and Tencent involves GRAMMY selling 80 million shares, or a 10% stake, in “GMM Music” worth 2,570.82 million baht to Black Serenade Investment Limited, a company jointly established by Tencent Music Entertainment Group and Tencent Holdings Limited. Black Serenade is a subsidiary of Tencent Music Entertainment Group (the buyer group).
The buyer group will pay the compensation in cash and 30% of the total issued and paid-up ordinary shares of Joox Thailand (Hong Kong) Limited (Joox Thailand), a subsidiary of Tencent Music Entertainment Group (TME) that operates the JOOX online music streaming platform for users in Thailand.
GMM Tomorrow Limited, a wholly-owned subsidiary of the company, will receive 3 ordinary shares of Joox Thailand from the buyer group, representing a 30% stake in the total issued and paid-up ordinary shares of Joox Thailand, valued at 918.15 million baht.
The company expects the transactions of selling GMM Music’s ordinary shares and acquiring Joox Thailand’s ordinary shares to be completed within the second quarter of 2024. Black Serenade will become the second-largest shareholder of GMM Music, while GMM Tomorrow Limited will become the second-largest shareholder of Joox Thailand.
GMM Music is a comprehensive music business, from artist selection, music production, marketing, copyright management and collection, distribution of music products in both digital and physical formats, concert and festival organization, to artist management.
In 2023, GMM Music had a total revenue of 3,912.75 million baht and a net profit of 402.81 million baht. In Q1/2024, it had a total revenue of 950.52 million baht, a 7.7% increase year-on-year (YOY), and a net profit of 137.12 million baht, a 56.83% increase. Its total assets were 3,028 million baht.
Joox Thailand had a total revenue of 155.06 million baht in 2022, a net loss of 99.04 million baht, and total assets of 46.93 million baht (data as of April 1, 2024).
Bangkok, May 30th, 2024 – Turning the e-Waste crisis into an opportunity for value-added creation…True Corporation, a leading Thai telecom-tech company, announces the launch of the “e-Waste HACK BKK 2024” project in collaboration with the Embassy of Sweden in Thailand, Bangkok Metropolitan Administration, Faculty of Engineering of King Mongkut’s Institute of Technology Ladkrabang (KMITL), and SK Tes Thailand Co., Ltd. This initiative brings together young innovators to hack ideas, create value from electronic waste, and recycle e-Waste components into practical electronic devices to improve the quality of life in Bangkok. The project addresses challenges in education, the environment, safety, and public health. Form a team and unleash your ultimate ideas in the “e-Waste HACK BKK 2024” project. Applications are open until June 14th, 2024. For more information, visit https://linktr.ee/true_lab
Mr. Manat Manavutiveth, Chief Executive Officer of True Corporation Plc, said that“As a leading tech company in the telecommunications industry in Thailand, True Corporation is committed to conducting business with sustainable development. We are aware of the environmental impact and have continuously participated in comprehensive electronic waste management. This year marks a significant step forward in our e-Waste management efforts, transforming e-Waste into value-added innovations in line with the principles of the Circular Economy. The “e-Waste HACK BKK 2024” project builds on last year’s the “e-Waste TinkTookTee DTorJai” initiative. This time, we are collaborating with all sectors including the government, academic, and private to invite environmentally conscious youth to recycle e-Waste into useful innovations for the society. This initiative aims to add value and reduce the volume of e-Waste, which currently amounts to over 62 million metric tons globally and 750,000 metric tons in Thailand. We believe that the power of youth will drive innovation, deliver new devices from e-Waste components, contributing positively to society and enjoy leadership position to make changes, fostering sustainable change together.”
Shortcut to the Faculty of Engineering at KMITL for the Whole Team and Scholarships
The “e-Waste HACK BKK 2024” competition runs from June 14th to September 14th, 2024, inviting young innovators from educational institutions nationwide to present creative ideas in teams of 3-5 members. The goal is to solve problems and add value to electronic waste, developing practical electronic devices to improve the quality of life in Bangkok in one of four areas: 1.Education 2.Environment 3.Safety and 4.Public Health, competing for scholarships totaling over 600,000 Baht. The competition is divided into two categories: 1.High School and Vocational Certificate level and 2.University level. The 20 finalist teams in the Hackathon will join the True Lab incubation program, and the top 4 university-level teams will receive funding to develop their innovations. Additionally, this year, all the winning team members in the High School and Vocational Certificate category will be granted opportunity to enroll and study at the IoT System and Information Engineering at the Faculty of Engineering, KMITL. Meanwhile, the winning team in the university level will receive full scholarships for a master’s degree in the same program. Applications are open until June 14th, 2024. For more information visit https://linktr.ee/true_lab
Charoen Pokphand Foods Public Company Limited (CP Foods) was distinguished with five prestigious awards at the 14th Asian Excellence Awards 2024, held at the JW Marriott Hotel Hong Kong on May 31, 2024. Organized by Corporate Governance Asia, a leading financial media publication in Hong Kong and Asia, the awards recognize CP Foods as a regional outstanding company that uphold the highest standards of governance while ensuring sustainable food security for consumers globally, in line with the United Nations Sustainable Development Goals (SDGs).
CP Foods received the following accolades: The Asia’s Best CEO Award was presented to Prasit Boondoungprasert, Chief Executive Officer of CP Foods, for his exemplary leadership in driving the company towards growth across economic, social, and environmental dimensions, underpinned by robust corporate governance principles. The Asia’s Best CFO Award was awarded to Paisan Chirakitcharern, Chief Financial Officer at CP Foods, for his outstanding financial management and strategic business planning, maximizing organizational benefits. The Best Investor Relations Professional Award in Asia was conferred to Kobboon Srichai, Head of Corporate Affairs & Investor Relations at CP Foods, for excellence in transparent and effective information disclosure adhering to governance standards.
Additionally, CP Foods received the Best Investor Relations Company of Asia award, reflecting its adherence to transparency standards and equitable in information dissemination, beyond regular regulatory reports, and effective communication with investors. The Sustainable Asia Award 2024 recognized CP Foods’ dedication to green governance, highlighting its ongoing efforts in community, social, and environmental stewardship, aligned with the UN’s SDGs.
The Asian Excellence Awards spotlight achievements in management excellence, financial acumen, social responsibility, environmental sustainability, and investor relations, all grounded in green governance principles. This year’s awards recipients spanned individuals and organizations from several Asian countries, including China, Hong Kong, Taiwan, Thailand, the Philippines, and Malaysia.
BANGKOK — While the Hollywood production team of the famous film “The Jurassic World 4 (SAGA)” is expected to boost tourism to Thailand’s Trang, Phang-nga, and Krabi, the national park authorities will monitor the filming to protect the natural resources and minimize environmental impact in the long run.
Mr. Attaphol Charoenchansa, Director-General of the Department of National Parks, Wildlife and Plant Conservation, Ministry of Natural Resources and Environment, stated that the film crew has already sent a letter requesting to use the national park area for filming a movie titled “SAGA.” Pol. Gen. Patcharawat Wongsuwan, Minister of Natural Resources and Environment, supported the request as it promotes tourism but emphasized that there should be no impact on natural resources and the environment.
Jurassic World 4
In the document, the film crew specified the equipment they need to use, props for filming, and the use of environmentally friendly colors, which should not cause any problems as the Department of National Parks has already set clear criteria. The department asked the film crew to take care of the environment, not to make any modifications, to conduct environmentally friendly filming, and to make it a low-carbon film production in line with Thailand’s environmental policies. The team understands this because they have learned from the filming of “The Beach.”
Mr. Attaphol further stated that the requested filming locations are in three national parks: Sunset Beach and Kradan Island in Hat Chao Mai National Park, Trang Province; Huay To Waterfall in Khao Phanom Bencha National Park, Krabi Province; and Tapu Island, Two Brothers Island, and Naka Island in Ao Phang Nga National Park, Phang Nga Province. The film crew will use drones to take aerial shots, and the filming will take place from June 17-28.
Ko Tapu or James Bond Island (TAT Photo)
“Nowadays, filmmaking often uses technology such as CG, which has almost no impact on the environment. During the filming, national park officers will observe the filming throughout. Regarding expenses, there will be a deposit or security of 2 million baht (55,000 USD) and an attached contract regarding various damages such as disturbance to wildlife, forest resources, trees, and the condition of the filming location. There is also a filming fee of 3,500 baht per day,” said Mr. Attaphol.
Salin Totabtieng, chairman of the Andaman Southern Provinces Chamber of Commerce, said to Matichon that it was very positive news for Thailand tourism, like the island of Phang Nga, has gained long-term fame from the filming of “James Bond: The Man with the Golden Gun” in 1974 until now.
The tourism authority estimates that around 400 million baht (11 million USD) will initially flow into Andaman provinces during filming, with the subsequent production processes bringing further ongoing economic benefits.
“The filming of “Jurassic World 4″ in Trang, albeit only partially, especially on Ko Kradan, which has been voted the most beautiful beach in the world by the World Beach Record two years in a row, is expected to have a lasting positive impact. The tourism boost from the filming is likely to attract more tourists to Trang and Ko Kradan in particular,” he said.
Tham Morakot (Emerald Cave) on Muk Island of Hat Chao Mai National Marine Park, Trang (TAT photo)
Salin assured that the national park has well-planned and preventive measures in place, while it needs cooperation between all sectors of the economy and the public to ensure that the filming process runs smoothly and beautifully without disruptions.
Pichai Chirathivat, executive director of Central Group, who visited Trang for a business and family vacation, shared his positive impressions, which he saw as beneficial for those who have yet to experience Trang’s attractions, such as its beaches, people, food and picturesque mountain landscapes.
He expects the movie to earn 200-300 million baht upon release, with long-term benefits similar to what Krabi experienced after Leonardo DiCaprio filmed “The Beach” there. He expects the global audience’s interest in “Jurassic World 4” to draw attention to Trang’s marine beauties, especially the locations featured in the movie.
Lessons from the Beach
The public and government officials have become more cautious about maintaining a balance between environmental conservation and economic and tourism development since the filming of the movie “The Beach,” which was shot at Maya Bay, part of the Phi Phi archipelago off the coast of Krabi province in 1998 and released in 2000.
Although this film brought fame to Maya Bay and attracted tourists from around the world, the environmental impact from the filming led to a lengthy lawsuit. Furthermore, the tourism boom had turned into a nightmare for conservationists.
FILE: The Beach during its production in 1998.
Maya Bay had been cordoned off in June 2018 and has been opened since January 2022 with many regulations. In the meantime, the court ruled to obligate the Forest Department to restore Maya Bay to its original condition, as it had approved the private sector’s involvement in the shooting back in 1998.
In addition, the Twentieth Century Fox company was ordered to pay another 10 million baht (nearly 290,000 U.S. dollars) in compensation and to support environmental protection. The company is required to provide funds to the Forestry Department for the restoration of Maya Bay and submit annual reports to the court on the progress of the work for a period of 3 years or until the allocated funds are exhausted.
BANGKOK – Thailand currently has over 56,000 foreign nationals with approved visas and work permits. This includes about 50,000 foreign executives and experts working under investment promotion projects, according to the Board of Investment.
Mr. Chai Wacharong, the spokesperson for the Prime Minister’s Office, revealed on June 4, 2024 that this trend is a result of Prime Minister Srettha Thavisin’s efforts to boost Thailand’s competitiveness and shift towards a new economic model.
Measures to facilitate visa applications of various types have resulted in over 56,000 foreign nationals receiving approved visas and work permits in Thailand. These include visas and work permits for foreign experts working under investment promotion projects, Long-Term Resident Visas (LTR Visas), and Smart Visas aimed at attracting high-skilled personnel and investors in the country’s target industries through the One Stop Service Center.
Mr. Chai stated that the Board of Investment (BOI), in cooperation with the Immigration Bureau and the Ministry of Labor, has been continuously facilitating foreign nationals with special skills (talent), investors, and those wishing to work and reside in Thailand through the establishment of the One Start One Stop Investment Center (OSOS) on the 18th floor of Chamchuri Square Building.
This provides a one-stop service without the need to contact multiple authorities and includes the online visa and work permit system SINGLE WINDOW.
Data from the BOI shows that Thailand currently has over 56,000 foreign nationals with approved visas and work permits. This includes about 50,000 foreign executives and experts working under investment promotion projects, over 4,000 LTR visa holders from countries such as the United States, Russia, the United Kingdom, China, Germany, Japan and France, and 2,170 smart visa holders and startup group members, mainly from the United States, Russia, the United Kingdom, Japan and Germany.
The Long-Term Resident Visa (LTR visa) is a government measure designed to attract four groups of high-potential foreigners to Thailand: Experts, remote workers, high net worth individuals and retirees including their dependents. They can stay in Thailand for up to 10 years, have unlimited entry and exit and are allowed to work.
The income tax for highly skilled experts will be reduced to 17 percent and the reporting period to the Immigration Department will be relaxed from every 90 days to once a year. This visa has been granted to numerous experts and senior executives of leading international organizations with investments or branches in Thailand.
The Cabinet has also introduced a new type of visa, the Destination Thailand Visa (DTV), for foreign nationals with skills to work remotely through digital systems, such as remote workers or digital nomads who wish to stay in Thailand to work and travel. This visa is expected to be introduced in June to attract more highly skilled foreigners to work in Thailand.
“The Prime Minister attaches great importance to attracting investment and improving Thailand’s competitiveness. He believes that continuously improving and adapting various policies to current conditions will be the key to attracting foreign labor in the long run, thereby stimulating investment in modern, future and targeted industries for the maximum benefit of Thailand,” Mr. Chai said.
Rowena He poses for a photograph after the play "May 35th," whose title is a roundabout way to refer to June 4, in London, Thursday, May 30, 2024. (AP Photo/Kin Cheung)
HONG KONG (AP) — As the 35th anniversary of Beijing’s Tiananmen Square crackdown neared, Rowena He, a prominent scholar of that bloody chapter of modern China’s history, was busy flying between the United States, Britain and Canada to give a series of talks. Each was aimed at speaking out for those who cannot.
The 1989 crackdown, in which government troops opened fire on student-led pro-democracy protesters, resulting in hundreds, if not thousands, dead, remains a taboo subject in mainland China. In Hong Kong, once a beacon of commemorative freedom, the massive June 4 annual vigil that mourned the victims for decades has vanished, a casualty of the city’s clampdown on dissidents following huge anti-government protests in 2019.
He was still reeling from the loss of her academic position after Hong Kong authorities last year rejected her visa renewal, widely seen as a sign of the financial hub’s decline in intellectual freedom. Despite the exhausting schedule of talks, the former protester in the southern Chinese city of Guangzhou in 1989 viewed this as her duty.
“We cannot light the candles in Hong Kong anymore. So we would light it everywhere, globally,” she said.
Exiled Hong Kong activist Carmen Lau who is acting in the play “May 35th”, poses for a photograph, in London, Thursday, May 30, 2024. (AP Photo/Kin Cheung)
As Beijing’s toughened political stance effectively extinguished any large-scale commemorations within its borders, overseas commemorative events have grown increasingly crucial for preserving memories of the Tiananmen crackdown. Over the past few years, a growing number of talks, rallies, exhibitions and plays on the subject have emerged in the U.S., Britain, Canada, Australia and Taiwan.
These activities foster hope and counteract the aggressive efforts to erase reminders of the crackdown, particularly those seen in Hong Kong. In 2021, the city’s police charged three leaders of the group that organized the vigil with subversion under a 2020 sweeping national security law that has all but wiped out public dissent. Later, the group voted to disband. Tiananmen-related statues were also removed from universities.
Last week, under a new, home-grown security law, Hong Kong police arrested seven people on suspicion of alleged sedition over their posting of social media content about commemorating the Tiananmen crackdown. A Christian newspaper, which typically publishes content related to the event ahead of its anniversary, left its front page mostly blank. It said it could only turn words into blank squares and white space to respond to the current situation.
On Tuesday, the park that used to hold the vigil will be occupied by a carnival held by pro-Beijing groups.
Police officers patrol in the Causeway Bay area on the eve of the 35th anniversary of China’s Tiananmen Square crackdown in Hong Kong, Monday, June 3, 2024. (AP Photo/Chan Long Hei)
However, attempts to silence commemorative efforts have failed to erase the harrowing memories from the minds of a generation of liberal-minded Chinese in the years after tanks rolled into the heart of Beijing to break up weeks of student-led protests that had spread to other cities and were seen as a threat to Communist Party rule.
He, who was 17 years old at the time, recalls that protesters like her took to the streets out of love for their country. When the crackdown happened, she spent the entire night in front of her TV, unable to sleep. After she returned to school, she was required to recite the official narrative — that the government had successfully quelled a riot — in order to pass her exams.
“I never killed anyone. But I lived with that survivor’s guilt all those years,” she said.
To preserve memories of the event, a museum dedicated to the Tiananmen crackdown opened in New York last June. It features exhibits such as a blood-stained shirt and a tent used by student protesters.
A similar museum operated by vigil organizers was shuttered in Hong Kong in 2021.
Police officers detain a performance artist, Sanmu Chen in the Causeway Bay area on the eve of the 35th anniversary of China’s Tiananmen Square crackdown in Hong Kong, Monday, June 3, 2024. (AP Photo/Chan Long Hei)
As of early May, its board chair Wang Dan, also a leading former student leader of the Tiananmen protests, estimated the New York museum attracted about 1,000 people, including Chinese immigrants, U.S. citizens and Hong Kongers. To expand its audience, Wang said he plans to organize temporary exhibitions on university campuses in the U.S., and possibly in other countries over the longer term.
He said overseas memorial events are crucial because mainland Chinese and Hong Kongers can see overseas memorial activities online.
“It can have an effect in mainland China because young people there all know how to use VPNs to circumvent internet censorship,” he said.
Aline Sierp, a professor of European history and memory studies at Maastricht University in the Netherlands, said overseas commemorative activities allow the memories to travel and endure, providing access for other people and future generations.
But she said it can be “a double-edged sword” because adapting the memories to new places might risk fragmenting or de-contextualizing them in the future.
Alison Landsberg, a memory studies scholar at George Mason University in Virginia, said that overseas efforts carry the potential to inspire people from other places who are facing their own challenges in the pursuit of democracy.
To carry the memories forward, film and television dramas can be powerful tools for people to take on memories of events through which they didn’t live, she said.
She said overseas theater productions about the crackdown, which began last year in Taiwan and continued in London this year, have a greater possibility of making those connections and potentially reaching a broader audience.
“When you have a dramatic narrative, you have the capacity to bring the viewer into the story in a kind of intimate way,” Landsberg said.
Rowena He poses for a photograph after the play “May 35th,” whose title is a roundabout way to refer to June 4, in London, Thursday, May 30, 2024. (AP Photo/Kin Cheung)
Last week, members of an audience at a London theater were visibly moved, some to tears, after watching the play “May 35th,” a title that subtly references the June 4 crackdown.
The play, produced by Lit Ming-wai, part of the Hong Kong diaspora who moved to the U.K. after the enactment of the 2020 security law, tells the story of an elderly couple who wish to properly mourn their son who died in 1989.
Its director, Kim Pearce, who was born in the U.K. in the 1980s, said the tragedy had resonated with her from a young age and she was once moved to tears when she read the poem “Tiananmen” by James Fenton. Working on this project, she said, has further deepened her connection to the stories.
British theater-goer Sue Thomas, 64, also found the play deeply moving. “Particularly as a parent myself now, which I wasn’t then, which sort of made me think of it in a much more sort of heartfelt way,” she said.
At the theater, He, the scholar, served as one of the post-show speakers, sharing her struggles and the motivations behind her work with the audience. She said the play was so powerful that it made her relive the trauma of the past 35 years, leaving her in tears and causing her to lose her contact lenses.
“It shows that how much sufferings that people had to endure all these years,” she said. “If there’s anything we can do, I hope that we would bring the younger generation to understand this.”
Police officers and forensic officials investigate the site where a Russian man fell from a condominium in Pattaya on June 3, 2024.
PATTAYA — At 12:00 p.m. on June 3, Pattaya City Police Station was informed that a foreigner had died at a condominium along Thepprasit Road, Village No. 12, Nong Prue Subdistrict, Bang Lamung District, Chonburi Province.
Subsequently, the detective police, the forensic police of Chonburi Province, and the rescue team from the Sawang Boriboon Foundation in Pattaya City went to the scene, a luxurious 35-story condominium. Next to the building, they found the body of a foreigner, later identified as Mr. Roman, a 38-year-old Russian national.
Next to the building, the officers found the body of a 38-year-old Russian national.
The condominium’s security guard stated that the deceased was a resident living on the 21st floor. Before the incident, the deceased was seen walking in the condominium, appearing drunk. He was last seen in the garden on the 29th floor before being found dead on the ground next to the condominium.
Police Lieutenant Colonel Saijai Khamjulla, the investigation inspector at Pattaya City Police Station, along with the investigation team, went up to inspect the deceased’s room and found no signs of a struggle. Upon further investigation, it was discovered that earlier in the morning, the deceased had called his rental agent to postpone the room rental payment due to his credit card being frozen.
There is a garden on the 29th floor where the Russian man was last seen.
Moreover, in April, he was accused of molesting a staff member at a traditional massage parlor, a case that had just concluded a few days ago.
The police initially speculated that the deceased might have been under stress and committed suicide by jumping from the building. The police then sent the body for a detailed autopsy at the Forensic Medicine Institute of the Police Hospital in Bangkok. They also coordinated with the Russian Embassy to contact relatives and friends for questioning to determine the cause of death.
In the past week, there have been continuous reports of tourists ending their lives in Thai tourist destinations. This includes the case of a 63-year-old American man at a hotel in Choeng Thale, Phuket, on May 29, followed by a 32-year-old British woman at a hotel in Rawai, Mueang Phuket. Both cases are suspected to have stemmed from depression.
Nikorn Jumnong, director of the Chart Thai Pattana Party and former deputy transport minister, deposited 2,000 baht of his personal money with Mr. Ohtaka Masato, the Japanese ambassador to Thailand on May 28, 2024.
BANGKOK – A Japanese tourist who was overcharged by a tuk-tuk driver in Bangkok has received 2,000 baht back in Japan from a Thai politician who helped lodge a complaint about this case to the Public Transport Passenger Protection Center.
Nikorn Jumnong, director of the Chart Thai Pattana Party and former deputy transport minister, deposited 2,000 baht of his personal money with Mr. Ohtaka Masato, the Japanese ambassador to Thailand. The money was later sent to a Japanese tourist, along with an apology on behalf of the Thai people for the unpleasant experience.
On June 3, the Japanese embassy informed that the tourist had received the money and conveyed their gratitude.
The incident occurred on May 13, 2024 when a Japanese tourist posted on social media that he and his friends took a tuk-tuk from Thaniya (Silom) to Asoke for 5.8 k.m. but were charged 1,500 baht per person, totaling 6,000 baht for 4 people.
The Japanese tourist posted a message that he had received the money along with an image of an envelope containing 2,000 baht from Mr. Nikorn.
Mr. Nikorn saw the tourist’s post on May 16 and was deeply disturbed. He contacted the Department of Land Transport to inform them about the incident. Later, the Department of Land Transport found the tuk-tuk driver, Mr. Phummiret, aged 29, and penalized him for violating legal regulations:
Violation of fare regulations under Section 22 in conjunction with Section 60: A fine of 2,000 baht.
Violation of dress regulations under Section 5(15) in conjunction with Section 58: A fine of 500 baht.
Suspension of driving license for 90 days.
Mandatory attendance of a 3-hour training course on passenger service awareness.
“I hope this kind of incident won’t happen again because it’s not good for the image of our country and Thai people,” Nikorn said.
A Japanese tourist posted a complaint on social media about being overcharged by a tuk-tuk driver in Bangkok.
President-elect Claudia Sheinbaum waves to supporters at the Zocalo, Mexico City's main square, after the National Electoral Institute announced she held an irreversible lead in the election, early Monday, June 3, 2024. (AP Photo/Marco Ugarte)
MEXICO CITY (AP) — Mexico’s projected presidential winner Claudia Sheinbaum will become the first female president in the country’s 200-year history.
Sheinbaum, the favored successor of outgoing President Andrés Manuel López Obrador, vowed to continue on the direction set by the populist leftist leader. But the cool-tempered scientist offers a sharp contrast in style — and a break withp Mexico’s male-dominated political culture.
“I promise that I am not going to let you down,” Sheinbaum said, greeting supports in Mexico City’s colonial-era main plaza, the Zocalo.
The National Electoral Institute’s president said Sheinbaum had between 58.3% and 60.7% of the vote, while opposition candidate Xóchitl Gálvez had between 26.6% and 28.6% and Jorge Álvarez Máynez had between 9.9% and 10.8% of the vote. Sheinbaum’s Morena party was also projected to hold its majorities in both chambers of Congress.
The official preliminary count put Sheinbaum 28 points ahead of Gálvez with nearly 50% of polling places reporting.
Fireworks go off as supporters of President-elect Claudia Sheinbaum celebrate at the Zocalo, Mexico City’s main square, after the National Electoral Institute announced she held an irreversible lead in the election, early Monday, June 3, 2024. (AP Photo/Marco Ugarte)
The fact that the two leading candidates were women had left little doubt that Mexico would make history Sunday.
“I didn’t make it alone,” Sheinbaum said shortly after her victory was confirmed. “We’ve all made it, with our heroines who gave us our homeland, with our mothers, our daughters and our granddaughters.”
Sheinbaum will also be the first person from a Jewish background to lead the overwhelmingly Catholic country.
She will start her six-year term Oct. 1. Mexico’s constitution does not allow reelection.
López Obrador’s anointed successor, the 61-year-old Sheinbaum consistntly led in polls despite a spirited challenge from Gálvez. This was the first time in Mexico that the two main opponents were women.
“Of course, I congratulate Claudia Sheinbaum with all my respect who ended up the winner by a wide margin,” López Obrador said shortly after the electoral authorities’ announcement. “She is going to be Mexico’s first (female) president in 200 years.”
Supporters of ruling party presidential candidate Claudia Sheinbaum celebrate at the Zocalo, Mexico City’s main square, after the National Electoral Institute announced she held an irreversible lead in the election, early Monday, June 3, 2024. (AP Photo/Matias Delacroix)
If the margin holds it would approach his landslide victory in 2018. López Obrador won the presidency after two unsuccessful tries with 53.2% of the votes, in a three-way race where National Action took 22.3% and the Institutional Revolutionary Party took 16.5%.
Still, Sheinbaum is unlikely to enjoy the kind of unquestioning devotion that López Obrador has enjoyed.
In the Zocalo, Sheinbaum’s win did not draw the kind of cheering, jubilant crowds that greeted López Obrador’s victory in 2018. Those present were enthusiastic, but comparatively few in number.
Sara Ríos, 76, a retired literature professor at Mexico’s National Autonomous University, celebrated after hearing that Gálvez had conceded.
“The only way that we move forward is by working together,” Ríos said. “She is going to work to bring peace to the country, and is going to manage to advance, but it is a slow process.”
Fernando Fernández, a chef, 28, said he voted for Sheinbaum because of her ties to López Obrador, using the president’s intials, AMLO. But his highest hope is that Sheinbaum can “improve what AMLO couldn’t do, the price of gasoline, crime and drug trafficking, which he didn’t combat even though he had the power.”
The main opposition candidate, Gálvez, a tech entrepreneur and former senator, had promised a more aggressive approach toward organized crime.
In her concession speech, she said “I want to stress that my recognition (of Sheinbaum’s victory) comes with a firm demand for results and solutions to the country’s serious problems.”
President-elect Claudia Sheinbaum addresses supporters at the Zocalo, Mexico City’s main square, after the National Electoral Institute announced she held an irreversible lead in the election, early Monday, June 3, 2024. (AP Photo/Marco Ugarte)
López Obrador claims to have reduced historically high homicide levels by 20% since he took office in December 2018. But that’s largely a claim based on a questionable reading of statistics. The real homicide rate appears to have declined by only about 4% in six years.
Julio García, a Mexico City office worker, said he voted for the opposition because of crime. “They’ve robbed me twice at gunpoint. You have to change direction, change leadership,” the 34-year-old said. “Continuing the same way, we’re going to become Venezuela.”
On the fringes of Mexico City in the neighborhood of San Andres Totoltepec, 34-year-old homemaker Stephania Navarrete said she planned to vote for Sheinbaum despite her own doubts about López Obrador and his party.
“Having a woman president, for me as a Mexican woman, it’s going to be like before when for the simple fact that you say you are a woman you’re limited to certain professions. Not anymore.”
She said the social programs of Sheinbaum’s mentor were crucial, but added that deterioration of cartel violence in the past few years was her primary concern in this election.
Nearly 100 million people were registered to vote and turnout appeared to be about 60%, similar to earlier elections.
Electoral officials and poll watchers count votes after polls closed during general elections in Mexico City, Sunday, June 2, 2024. (AP Photo/Matias Delacroix)
Voters were also electing governors in nine of the country’s 32 states, and choosing candidates for both houses of Congress, thousands of mayorships and other local posts, in the biggest elections the nation has seen and ones that have been marked by violence.
The elections were widely seen as a referendum on López Obrador, a populist who has expanded social programs but largely failed to reduce cartel violence in Mexico. His Morena party currently holds 23 of the 32 governorships and a simple majority of seats in both houses of Congress.
Sheinbaum promised to continue all of López Obrador’s policies, including a universal pension for the elderly and a program that pays youths to apprentice.
Just as the upcoming November rematch between U.S. President Joe Biden and former President Donald Trump has underscored deep divisions in the U.S., Sunday’s election revealed how severely polarized public opinion is in Mexico over the direction of the country, including its security strategy and how to grow the economy.
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Associated Press writer Fabiola Sánchez contributed to this report.
ndonesian police officers escort Thai fugitive Chaowalit Thongduang in Jakarta, Indonesia. (Kompas TV via AP)
JAKARTA, Indonesia (AP) — One of Thailand’s most wanted fugitives will be escorted home on a Thai air force plane after being arrested on Indonesia’s tourist island of Bali following months on the run in connection with several killings and drug trafficking charges in his homeland, officials said Monday.
Chaowalit Thongduang escaped from detention in Thailand while being treated at a hospital. When he was detained Thursday, he was using a fake Indonesian national identity card which he received shortly after arriving in Indonesia’s northernmost province of Aceh in December after a 17-hour speedboat trip from India, said Wahyu Widada, head of the Indonesian National Police’s Criminal Investigation Department.
Chaowalit was arrested in a raid at his apartment in Badung regency in Bali. Authorities seized four cellphones from him along with several fake identity documents.
“We are still investigating local residents who helped issue Chaowalit’s fake identity,” Widada said.
Indonesian police officers escort Thai fugitive Chaowalit Thongduang in Jakarta, Indonesia. Indonesian and Thai authorities said Monday, June 3, 2024, (Kompas TV via AP)
Thai Minister of Justice Tawee Sodsong, who traveled to Indonesia to meet with Chaowalit, said he will be flown on a military plane Tuesday to Thailand, where he is wanted in the murder or attempted murder of police officers and others and drug trafficking.
Tawee said Chaowalit praised the authorities for being able to trace him after he fled through several countries.
Thai Prime Minister Srettha Thavisin said he was confident that the legal system which apprehended Chaowalit could bring him to justice.
Indonesia and Thailand signed an extradition agreement in 1978.
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NINIEK KARMINI reported from Jakarta. Associated Press writer Napat Kongsawad in Bangkok contributed to this report.