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THAILAND LIVE Thailand Live Friday 15 August 2025
Baht Boost: Thai Currency Set to Soar as Dollar Dips File photo Analysts predict that the Thai baht will soon test 32 against the US dollar, with even stronger gains due to a weakening greenback. The US Federal Reserve faces mounting pressure to cut interest rates in September, creating a favourable environment for the baht's rise. Following Thailand’s 25 basis points policy rate cut, the baht hovered between 32.24 and 32.26 to the dollar on Thursday, after wrapping up at 32.31 on Wednesday. Full story: https://aseannow.com/topic/1369775-baht-boost-thai-currency-set-to-soar-as-dollar-dips/ -
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Economy Baht Boost: Thai Currency Set to Soar as Dollar Dips
File photo Analysts predict that the Thai baht will soon test 32 against the US dollar, with even stronger gains due to a weakening greenback. The US Federal Reserve faces mounting pressure to cut interest rates in September, creating a favourable environment for the baht's rise. Following Thailand’s 25 basis points policy rate cut, the baht hovered between 32.24 and 32.26 to the dollar on Thursday, after wrapping up at 32.31 on Wednesday. Asian currencies are on the rise, with substantial gains for the Indonesian rupiah and Malaysian ringgit, as the US dollar slumps to its lowest in weeks. This rebound comes amid heavy dollar sell-offs and diminished US bond yields, as markets anticipate a Federal Reserve rate reduction next month. Head of research at K-Research, Kanjana Chockpisansin, noted the impact of this dynamic on currency strength across the globe. According to CME FedWatch, there is a near certainty (99.9%) that the Fed will cut rates by 25 basis points at its September meeting, spurred by the latest inflation figures. US Treasury Secretary Scott Bessent has indicated a potential rate cut of up to 0.50% due to weak employment numbers. He advocates for a minimum 1.5 percentage point reduction in the benchmark rate, reported the Bangkok Post. Despite the rate interventions, the Bank of Thailand is vigilant about the baht’s rising strength relative to regional currencies, a factor affecting Thailand’s export and tourism competitiveness. Forecasts from Maybank Securities suggest the baht could appreciate further to 31.5 by year’s end. K-Research highlights that the baht has climbed 5.6% year-to-date, trailing the yen’s 7.5% rise but ahead of the yuan’s 1.8% growth. Regional currencies saw a surge, with the Philippine peso and rupiah up by 1.3% and 0.3%, respectively. Meanwhile, the ringgit posted an impressive 6.5% growth. Ms. Kanjana noted the potential for the baht to strike a range of 32.00–32.10 against the dollar through the end of the year. Kasikornbank maintains its forecast of 33.7 baht by the end of 2025. As global markets prepare for further shifts, eyes are on the baht’s trajectory amid evolving economic conditions. Adapted by ASEAN Now from [source] 2025-08-15 -
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Trump and Putin: The meeting.
Ukraine war latest: Trump says Putin 'is not going to mess around with me' on eve of Ukraine summit Donald Trump says Vladimir Putin wants to "make a deal" as he floats holding a trilateral meeting with Volodymyr Zelenskyy in Alaska and "maybe" inviting European leaders. https://news.sky.com/story/ukraine-war-latest-putin-trump-meeting-alaska-summit-zelenskyy-russia-nato-missiles-talks-ceasefire-12541713 Putin is gonna play Trump like a lapdog, that is my opinion. -
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USA Women Shouldn't Be Allowed to Vote? Hegseth's Video Sparks Fury!
Hedgseth is a drunken pig and a rapist, just like his pedo master -
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THAILAND LIVE Thailand Live Friday 15 August 2025
Thaksin Moves to Shield Daughter from Impeachment Picture courtesy of Thai Rath In an unprecedented political showdown, Thaksin Shinawatra is reportedly using his considerable influence and resources to protect his daughter, Paetongtarn Shinawatra, from an impending impeachment. The Constitutional Court could potentially remove the court-suspended Prime Minister of Thailand, Paetongtarn, later this month. Full story: https://aseannow.com/topic/1369774-thaksin-moves-to-shield-daughter-from-impeachment/ -
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Politics Thaksin Moves to Shield Daughter from Impeachment
Picture courtesy of Thai Rath In an unprecedented political showdown, Thaksin Shinawatra is reportedly using his considerable influence and resources to protect his daughter, Paetongtarn Shinawatra, from an impending impeachment. The Constitutional Court could potentially remove the court-suspended Prime Minister of Thailand, Paetongtarn, later this month. The charges stem from allegations of treason and ethical breaches related to a controversial phone call with Cambodian leader Hun Sen concerning the sensitive Thai-Cambodian border dispute. Thaksin, a figure with significant financial clout, is reportedly mobilising his resources behind the scenes to maintain his daughter's power. Sources suggest he is engaging in extensive lobbying efforts, targeting key members of Thailand's elite to delay the legal proceedings. The court has postponed the proceedings until August 29, indicating some success in this strategy. The Pheu Thai Party, led unofficially by Thaksin, is reportedly optimistic about the forthcoming decision. Party insiders speculate that the ruling could be close, potentially avoiding dismissal by portraying Paetongtarn's actions as "inadvertent mistakes." During the leaked conversation, Paetongtarn referred to a Thai army general as being “on the opposite side” and expressed a willingness to resolve the border issues, comments for which she later issued a personal apology. Both Thaksin and Paetongtarn are facing significant challenges. Critics have long viewed the Shinawatras as unreliable figures in Thai politics, arguing that their actions could compromise national security. People have expressed concerns about Thailand's territorial integrity, especially in its interactions with Cambodia, which they perceive as excessively accommodating. Simultaneously, Thaksin is facing a lese majeste lawsuit in a separate legal matter. The former prime minister is awaiting a court ruling set for August 22, dealing with his alleged remarks about the monarchy's role in the 2006 coup that ousted him. Though insiders believe that Thaksin may be exonerated due to insufficient evidence, the very existence of this case adds another layer of complexity to an already tense political drama, reported Thai Newsroom. As if these challenges weren't enough, Thaksin is concurrently under scrutiny in yet another lawsuit, with a verdict expected on September 9. This case addresses accusations that Thaksin exploited legal loopholes and feigned illness to avoid serving time in jail, preferring the comfort of a hospital stay. The outcome could range from a full acquittal to a 'house arrest' scenario that might limit his movements but spare him from traditional imprisonment. If the court finds Thaksin guilty, the repercussions could extend beyond him to include senior government officials who might face penalties for alleged complicity in granting him undue privileges. Such a verdict could disrupt the political landscape, putting other figures who are close to Thaksin under increased scrutiny. The legal entanglements involving both Thaksin and Paetongtarn have profound implications for Thailand’s political scene. A dismissal of Paetongtarn would be a significant blow to the Shinawatra legacy. Conversely, a favourable ruling could consolidate their influence and bolster their support base. The decisions pending in August and September could also reshape alliances, shifting the balance of power within Thailand's complicated political framework. While the public waits in anticipation, the outcome of these legal battles remains uncertain. Thaksin's resourcefulness and willingness to utilise his extensive network could potentially give him a competitive advantage. However, the weight of public opinion and judicial verdicts will ultimately dictate the future course of the Shinawatras and their role in Thai politics. These unfolding events make Bangkok the epicentre of a gripping political drama, with consequences that could reverberate beyond Thailand’s borders. As the courts deliberate, the world watches, waiting to see the next chapter in this enduring political saga. Adapted by ASEAN Now from Thai Newsroom 2025-08-15
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