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Search Result for “Thaksin shinawatra”

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THAILAND

PM picks Thaksin's loyalists as policy advisers

Bloomberg News, Published on 18/09/2024

» Prime Minister Paetongtarn Shinawatra has appointed a group of economic and legal experts as advisers after her administration pledged to tackle a raft of economic challenges facing the Southeast Asian nation. 

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GENERAL

Thailand to boost borrowing by 8% to $78 billion

Bloomberg News, Published on 17/09/2024

» The government plans to increase borrowing by 8% to about 2.6 trillion baht (US$78.2 billion) for the 2025 fiscal year starting on Oct 1, according to three market sources and a government presentation seen by Reuters.

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THAILAND

Move Forward’s Pita warns of instability ahead of Thai court rulings

Bloomberg News, Published on 02/08/2024

» The figurehead of Thailand’s main opposition party has warned that court decisions this month may dissolve his party and potentially unseat the prime minister, risking fresh instability in the economy.

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GENERAL

Central bank renews case to limit digital wallet scheme

Bloomberg News, Published on 19/06/2024

» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.

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GENERAL

Thailand needs tighter fiscal stance - central banker

Bloomberg News, Published on 25/08/2023

» The Bank of Thailand (BoT) wants the new government led by Srettha Thavisin of the Pheu Thai Party to pursue fiscal consolidation in tandem with monetary policy to avoid fuelling inflation in the economy.

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BUSINESS

Coalition talks spook markets amid split over LM

Bloomberg News, Published on 19/05/2023

» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.

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THAILAND

This Harvard alum wants to help Thailand reclaim lost decade

Bloomberg News, Published on 20/04/2023

» The Move Forward Party, which is surging in opinion polls ahead of the May 14 election, wants to reclaim the "lost decade" under a military-backed rule with proposals for sweeping reforms to revitalise Southeast Asia’s second-largest economy.

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BUSINESS

Srettha quits CEO job amid PM speculation

Bloomberg News, Published on 04/04/2023

» Property tycoon Srettha Thavisin quit as the chief executive and president of Sansiri Pcl amid speculation that he will officially be named a prime ministerial candidate of the opposition Pheu Thai Party.

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THAILAND

Pheu Thai vows higher wages with elections looming

Bloomberg News, Published on 06/12/2022

» The main opposition Pheu Thai Party has pledged to lift minimum wages and crop prices while slashing energy costs as it kicked off a campaign to end nearly a decade of military-backed rule in elections slated for early next year.