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Search Result for “Pheu Thai”

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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OPINION

Ethics case plagues PM

Oped, Editorial, Published on 23/05/2024

» Even though PM's Office Minister Pichit Chuenban has suddenly resigned from the cabinet, Prime Minister Srettha Thavisin -- who appointed him in a controversial reshuffle -- still finds his fate hanging in mid-air.

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THAILAND

Navy sub deal ‘still needs 1-2 months’

Wassana Nanuam, Published on 21/05/2024

» One or two months are needed to tie up any loose ends in the negotiations between a Royal Thai Navy team and its Chinese counterpart on the procurement of an S26T Yuan-class submarine from China, Defence Minister Sutin Klungsang said on Tuesday.

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THAILAND

Pheu Thai vows to rewrite charter, outlaw coups

Aekarach Sattaburuth, Published on 21/05/2024

» The Pheu Thai Party has pledged to rewrite the military-sponsored constitution and push for an anti-coup law to ensure that military takeovers would no longer be accepted and coup makers would not be recognised as “ratthathipat” (“sovereign”).

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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OPINION

Build trust in Thai rice

Oped, Editorial, Published on 21/05/2024

» The all-out effort by the Pheu Thai-led government to auction decade-old rice from Yingluck's rice-pledging scheme raises questions about the party's political acumen.

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THAILAND

Somchai puts name down for Senate race

Published on 20/05/2024

» Former prime minister Somchai Wongsawat has registered to run for a Senate seat in Chiang Mai as the first day of candidacy registration got off to a busy start on Monday.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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THAILAND

Lab tests show rice 'edible'

Chairith Yonpiam, Published on 20/05/2024

» The government will proceed with its plan to auction off the rice from Yingluck Shinawatra's pledging scheme that had been stored in two warehouses in Surin for 10 years, after a laboratory test result showed that the rice is still safe for consumption.

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THAILAND

Push to sell old rice raises questions

Published on 19/05/2024

» Critics have slammed the government's plan to sell decade-old rice, accusing it of attempting to whitewash the loss-ridden rice-pledging scheme of former prime minister Yingluck Shinawatra's administration.