Community Former Kasetsart University Lecturer Found Dead at Bangkok Temple
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178
My wife wanted me to sign a document any money she gets is hers!
Isn't that the movie that you are currently producing? Paying for her life and expecting her loyalty in return....only to find out that your money is the only thing holding the relationship together. -
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THAILAND LIVE Thailand Live Friday 6 June 2025
Thailand Urged to Cut Interest Rates to Boost Economic Growth Pictures courtesy of Money and Banking Journal Candidate for the Bank of Thailand's (BoT) governor position, Somprawin Manprasert, has called for a more assertive approach to reducing interest rates in light of Thailand’s sluggish growth and low inflation. With the benchmark interest rate at 1.75%, Somprawin suggests a reduction of 75 to 100 basis points could ease financial conditions and stimulate consumer lending. Full Story: https://aseannow.com/topic/1362891-thailand-urged-to-cut-interest-rates-to-boost-economic-growth/ -
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Report Thai Roads: Quiet Amidst Chaos, The Culture of Low Horn Use
Strange. I remember reading, I think it was in the book “My Footloose Newspaper Life” by Alexander MacDonald, that people stood on their horns all day in Bangkok. We are lucky today not to be deaf. -
178
My wife wanted me to sign a document any money she gets is hers!
IIRC he is talking about his daughter, not the wife. -
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Economy Thailand Urged to Cut Interest Rates to Boost Economic Growth
Pictures courtesy of Money and Banking Journal Candidate for the Bank of Thailand's (BoT) governor position, Somprawin Manprasert, has called for a more assertive approach to reducing interest rates in light of Thailand’s sluggish growth and low inflation. With the benchmark interest rate at 1.75%, Somprawin suggests a reduction of 75 to 100 basis points could ease financial conditions and stimulate consumer lending. In a recent interview in Bangkok, Somprawin highlighted the necessity for the central bank to clearly communicate an easing cycle, ensuring banks transfer the benefits of rate cuts to consumers. “The current condition of the Thai economy, with projected GDP growth of 1.5% to 1.8% and inflation within target, justifies a policy rate reduction to alleviate financial burdens,” he explained. His proposal aligns with the government’s push for lower rates to fuel economic expansion, contrasting the views of outgoing BoT Governor Sethaput Suthiwartnarueput. Sethaput has been cautious about further easing following 75 basis points in rate cuts since October 2020. Somprawin, previously the chief economist at Siam Commercial Bank’s Economic Intelligence Centre, is one of seven candidates seeking to succeed Sethaput after his term ends on September 30. The selection panel will review candidates' visions on June 24, including competitors like Vitai Ratanakorn of the Government Savings Bank and Kobsak Pootrakool of Bangkok Bank. Finance Minister Pichai Chunhavajira emphasizes the need for a governor who is "forward-looking with modern ideas" supporting government policies. Somprawin asserts that further rate reductions could foster growth and alleviate household and SME debt, echoing Prime Minister Paetongtarn Shinawatra's economic priorities. Sethaput’s term included resisting the Pheu Thai Party-led administration's calls for more rate cuts and opposing higher inflation targets, although recent growth threats from US tariffs led to some easing. Somprawin recommends maintaining strong foreign exchange reserves and diversifying currency use in trade to reduce dependence on the US dollar. With advanced degrees from the University of Warwick and the University of Maryland, he recognizes the role's challenges, advocating for cooperation across policymakers to address Thailand’s economic hurdles. “At this moment, we need all parties to help the Thai economy,” he concluded, emphasizing collective efforts in navigating the nation’s financial landscape. Adapted by ASEAN Now from The Thaiger 2025-06-06
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