Interest rates are not going up, they are slowly coming down again.
This narrative explicitly demonstrates the need for the BOT to remain independent.
This guy is just pushing the political barrow of the the Phua Thai party & has no knowledge of the overall
landscape or ramifications of what the Thaksin brigade is pushing for.
Thailand has already some of the lowest interest rates in the world
Good move by China,,,,,,,,,,,,,,,,,,,
It will give them the opportunity to set up more "zero tours" to send any monies from the Chinese tourists back to China
I am in a rural area where there are thousands (literally) working in construction & agriculture.
Thailand needs these people that work for 5,000 Bht a month & a roof over their head (If you can call it a roof).
The Government has no idea of the numbers up here working in the fields, or do they & just do not want to rock the boat ?????