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BANGKOK -- When the new cabinet lineup for Thai Prime Minister Srettha Thavisin's seven-month-old government was released on Sunday morning, nothing was surprising except the demotion of his foreign minister, Parnpree Bahiddha-nukara. By late afternoon, Parnpree had resigned, having lost his rank as one of six deputy prime ministers.
Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief told CNBC on Monday.
BANGKOK — Thai Foreign Minister Parnpree Bahiddha-Nukara has resigned, the government said on April 28, after being removed from the post of deputy prime minister in a Cabinet reshuffle, at a time when the South-east Asian country seeks to help resolve a conflict in Myanmar.
BANGKOK (Reuters) -- Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.
BANGKOK (Reuters) -- Thai Foreign Minister Parnpree Bahiddha-Nukara has resigned, the government said on Sunday, after being removed from the post of deputy prime minister in a cabinet reshuffle, at a time when the Southeast Asian country seeks to help resolve a conflict in Myanmar.
WASHINGTON/BANGKOK (Reuters) -- Thailand's central bank, under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, a deputy governor said.
Fighting raged at Myanmar's eastern frontier with Thailand on Saturday (April 20), both governments said, forcing 3,000 civilians to flee as rebels fought to flush out Myanmar junta troops holed up for days at a bridge border crossing.
(Reuters) -- Fighting raged at Myanmar's eastern frontier with Thailand on Saturday, witnesses, media and Thailand's government said, forcing about 200 civilians to flee as rebels pressed to flush out junta troops holed up for days at a bridge border crossing.