Showing 1 - 2 of 2
Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.