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☆ Thailand to roll out more populist policies this year, says prime minister
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +1 min

Srettha Thavisin, Thailand's prime minister, arrives at Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Thailand will dole out 560 billion baht ($16 billion) to its 55 million adults in the next six months to spur domestic demand and investment, with new Prime Minister Srettha pitching the revival of a sluggish economy as his government's top priority. Thai Prime Minister Srettha Thavisin said on Monday his government will be rolling out more policies by the year's end to lower living costs, including gradually reducing electricity prices and raising the minimum daily wage. The economy is expected to grow 2.8% this year, but Srettha has a target of 5% annual growth. "In addition to lowering cost of living is increasing wages," he said, adding that an announcement could be expected in November.

Persons: Srettha, Srettha Thavisin Organizations: Thai, Southeast Locations: Thai, Bangkok, Thailand, El

☆ Thailand to roll out more populist policies this year - PM
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

Electric poles with electrical and telephone cables are seen in Bangkok, Thailand, August 9, 2017. "In addition to lowering cost of living is increasing wages," he said, adding that an announcement could be expected in November. Srettha, a real estate mogul and political newcomer, has come under fire in parliament for policies the opposition say lack clear direction. But the PM has said the policies would be fiscally responsible. He also plans to meet top business executives during his U.S. trip to draw more investment to Thailand.

Persons: Athit, Srettha Thavisin, Srettha, Chayut Setboonsarng, Panarat, Kanupriya Kapoor Organizations: REUTERS, Rights, Thai, Southeast, United Nations General Assembly, U.S, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, El, Africa, New York, China, United States

☆ Thai PM: Will Gradually Reduce Electricity Prices
▼ + stars: | 2023-09-17 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

BANGKOK (Reuters) - Thai Prime Minister Srettha Thavisin said on Monday his government will gradually reduce electricity prices amid efforts to lower living costs in Southeast Asia's second-biggest economy. "We've already reduced electricity prices but want to reduce more but it will take several weeks," the premier said, adding the country's economic situation is "not so good". He was speaking at a forum hosted by Thai media outlet, Thairath. Srettha, a real estate mogul and political newcomer, has come under fire in parliament for policies the opposition say are vague and lack clear direction. But the PM has said the policies would be fiscally responsible and a signature 560 billion baht digital wallet handout policy would not rely on loans.

Persons: Srettha Thavisin, Srettha, Chayut Setboonsarng, Panarat, Kanupriya Kapoor Organizations: Thai Locations: BANGKOK, Southeast Asia's

[1/8] Move Forward Party Leader Pita Limjaroenrat poses for a picture on the day of voting for a new prime minister at the parliament, in Bangkok, Thailand, July 13, 2023. One senator resigned on Wednesday, lowering the threshold to 375 votes to become prime minister. "I'm confident that I will do my best to match the hopes and encouragement from the people," Pita told reporters. Political uncertainty has pulled Thailand's main stock index (.SETI) down about 11% so far this year. More turbulence can be expected if Pita cannot prevail in the vote given Move Forward's massive support from young voters and its popularity in the capital.

Persons: Pita Limjaroenrat, Pita, Pheu, ThaiRath, Panarat Thepgumpanat, Panu, Martin Petty, Lincoln, Kanupriya Kapoor Organizations: REUTERS, Senate, Thai, Constitutional, Thomson Locations: Bangkok, Thailand, BANGKOK, Southeast Asia's

The suspect, who police have identified only by the name Am, was arrested on Tuesday for the alleged murder of Siriporn Kanwong, Deputy National Police Commissioner Gen. Surachate Hakparn told CNN. Siriporn was last seen on CCTV footage with Am before she fainted and died, and an autopsy later found traces of cyanide in Siriporn’s system, Surachate said. Am’s lawyer, Thannicha Akesuwannawat, told local media Thairath TV on Wednesday that her client denies any involved in Siriporn’s death. Surachate said one woman who was allegedly targeted by Am came forward to authorities after news of her arrest broke. In the potentially linked cases currently being investigated by police, all the victims ate or drank with Am in the run up to their deaths.

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