webfact Posted July 8, 2020 Share Posted July 8, 2020 Bank of Thailand seeks outside picks for chief as deadline nears Successor to Harvard grad Veerathai will have little room to cut interest rates MASAYUKI YUDA, Nikkei staff writer Thailand has cast a wider net in its search for a new central bank governor, with incumbent Veerathai Santiprabhob's term is set to expire at the end of September. (Nikkei montage/Reuters) BANGKOK -- Thailand has cast a wider net in its search for a new central bank governor who can lead Southeast Asia's second-largest economy out of the COVID-19 crisis, with incumbent Veerathai Santiprabhob's term is set to expire at the end of September. Friday marks the deadline for applications, which are open to the public. The process has already been extended once after an initial list was closed on June 16. "The ability and quality of the internal candidates is sufficient, and they are qualified, but we want more external applicants," said Rangsan Sriworasart, chairman of the selection committee. Full story: https://asia.nikkei.com/Economy/Bank-of-Thailand-seeks-outside-picks-for-chief-as-deadline-nears -- © Copyright Nikkei Asian Review 2020-07-09 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
bluesofa Posted July 8, 2020 Share Posted July 8, 2020 2 hours ago, webfact said: "The ability and quality of the internal candidates is sufficient, and they are qualified, but we want more external applicants," Does that mean these external applicants will be able to do more than 'worry' about the strength of the Baht - the same as the current governor has done in just about every press release on the matter, along with his inability to do anything despite claiming he would? 1 Link to comment Share on other sites More sharing options...
Trillian Posted July 9, 2020 Share Posted July 9, 2020 13 minutes ago, bluesofa said: Does that mean these external applicants will be able to do more than 'worry' about the strength of the Baht - the same as the current governor has done in just about every press release on the matter, along with his inability to do anything despite claiming he would? Line 4 of the job description is very clear, worry about the strength of the Baht. 2 Link to comment Share on other sites More sharing options...
NE1 Posted July 9, 2020 Share Posted July 9, 2020 With the old one out , does this mean we can get Visa back on our debit cards ? 2 Link to comment Share on other sites More sharing options...
Matzzon Posted July 9, 2020 Share Posted July 9, 2020 Yes, I understand they have to spread a wider net, to find an identical dumbnut. The list of the people that already applied for the job, is so to say a little bit overqualified for this simple appointment. They just want somebody that can take the punishment and write "I worry so much over the strong baht" with a chalk on the blackboard 30 times everyday after work. 2 Link to comment Share on other sites More sharing options...
Popular Post Isaan sailor Posted July 9, 2020 Popular Post Share Posted July 9, 2020 Although I do have a rather busy retirement schedule, I hereby volunteer myself for the position. If you check my posts on TV and elsewhere, you see I have a very keen interest in the Baht. And my interests mirror those in industry—especially the exporters. To borrow a phrase from Mario Drahgi from EU, I shall do “whatever it takes” to bring that Baht down. 1 3 Link to comment Share on other sites More sharing options...
Paiman Posted July 9, 2020 Share Posted July 9, 2020 I do as well have a keen interest in the Baht. But this opening appears to be more suitable for a chinese candidate to align for a slow transition. 1 1 Link to comment Share on other sites More sharing options...
Burma Bill Posted July 9, 2020 Share Posted July 9, 2020 7 hours ago, NE1 said: With the old one out , does this mean we can get Visa back on our debit cards ? VISA debit cards are still available through many Thai banks. My current Krungsri Bank debit card is VISA and I use it here in Cambodia to withdraw money from my account. I am also with Bangkok Bank, and yes, it withdrew VISA in favor of the Chinese UnionPay but there were so many complaints, Bangkok Bank introduced MASTERCARD as an alternative and that is what I also have here in Cambodia to withdraw money from ATM's. Unless you ask, Thai banks will push the Chinese UnionPay onto you! 1 Link to comment Share on other sites More sharing options...
Burma Bill Posted July 9, 2020 Share Posted July 9, 2020 10 hours ago, webfact said: but we want more external applicants, From CHINA by any chance???? 1 Link to comment Share on other sites More sharing options...
NE1 Posted July 9, 2020 Share Posted July 9, 2020 2 hours ago, Burma Bill said: VISA debit cards are still available through many Thai banks. My current Krungsri Bank debit card is VISA and I use it here in Cambodia to withdraw money from my account. I am also with Bangkok Bank, and yes, it withdrew VISA in favor of the Chinese UnionPay but there were so many complaints, Bangkok Bank introduced MASTERCARD as an alternative and that is what I also have here in Cambodia to withdraw money from ATM's. Unless you ask, Thai banks will push the Chinese UnionPay onto you! I never ever got problems with Visa , but since we went to Mastercard it is very hit and miss. Much prefered Visa. 1 Link to comment Share on other sites More sharing options...
Leaver Posted July 10, 2020 Share Posted July 10, 2020 Sounds like they are looking for a farang scapegoat for the future. 1 Link to comment Share on other sites More sharing options...
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