Thai central bank comes under pressure from Thaksin
BANGKOK -- Thailand's central bank is again facing pressure, this time to help the banking sector raise its liquidity in a plan that the ruling party kingpin says will spur lending and give the new prime minister an economic runway.
Last week, former Prime Minister Thaksin Shinawatra, the Pheu Thai Party's founder and father of the current prime minister, proposed that the Bank of Thailand cut the fee it collects from commercial banks, saying this would allow lenders to make more loans and help support the economy.