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Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
All eyes on the new cabinet
Business, Post Reporters, Published on 11/09/2023
» The new cabinet started work last week as Prime Minister Srettha Thavisin led the members to be sworn in at Government House. Many new ministers did not wait for the policy announcement, scheduled for today, checking in at their new offices right away.
Business calls for action stations
Business, Post Reporters, Published on 28/08/2023
» Led by newly appointed Prime Minister Srettha Thavisin from the Pheu Thai Party, the government has set a record for the longest time taken to form a cabinet following an election, breaking the previous record of 108 days set by the Prayut Chan-o-cha administration in 2019, as the new government awaits official endorsement.