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Pheu Thai's Srettha Thavisin gestures at the party headquarters before a royal endorsement ceremony after Thailand's parliament voted in favour of his prime ministerial candidacy, in Bangkok, Thailand August 23, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Aug 25 (Reuters) - Thailand's new Prime Minister Srettha Thavisin visited the resort island of Phuket on Friday, a first official trip to underline plans to shore-up economic recovery by bolstering tourism, a key driver of growth. The state planning agency has since cut its growth projection to a 2.5% to 3.0% range from 2.7% to 3.7%. The government will then have to deliver policy objectives to a joint session of parliament before starting work, likely in late September. ($1 = 35.1100 baht)Reporting by Panu Wongcha-um and Panarat Thepgupmanat; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Persons: Pheu, Thailand's, Athit, Srettha Thavisin, Srettha, Chiang Mai, Panu, Martin Petty Organizations: REUTERS, Rights, Tourism, Thai Party, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Phuket, China, Phangnga

☆ Thai PM Srettha discusses overcoming divisions with former coup leader
▼ + stars: | 2023-08-24 | by ( Napat Wesshasartar | ) www.reuters.com time to read: +3 min

[1/4] Thailand's new Prime Minister Srettha Thavisin meets with caretaker former Prime Minister Prayuth Chan-ocha at the government house in Bangkok, Thailand August 24, 2023. Government House/Handouts via REUTERS Acquire Licensing RightsBANGKOK, Aug 24 (Reuters) - Thai Prime Minister Srettha Thavisin discussed overcoming political divisions with predecessor Prayuth Chan-ocha on Thursday, in his first meeting as premier as he prepares to form a cabinet from a crowded 11-party alliance that includes fierce rivals. Srettha sailed through a parliamentary vote to become premier on Tuesday and will head a tricky coalition that includes parties backed by the military, which has repeatedly manoeuvred to topple governments led by his Pheu Thai Party. Thursday's meeting underscores a fragile detente in Thai politics, with Prayuth the architect of a 2014 coup against the last Pheu Thai government as chief of the ultra-royalist army. He and Pheu Thai have denied the existence of a deal with their rivals in the military and conservative establishment.

Persons: Srettha Thavisin, Prayuth Chan, ocha, Srettha, Prayuth, Pheu, Thaksin Shinawatra, Thaksin, Chayut Setboonsarng, Martin Petty Organizations: Government, REUTERS Acquire, Rights, Thai, Thai Party, Pheu, Media, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Thai

[1/4] Thailand's new Prime Minister Srettha Thavisin meets with caretaker former Prime Minister Prayuth Chan-ocha at the government house in Bangkok, Thailand August 24, 2023. Srettha sailed through a parliamentary vote to become premier on Tuesday and will head a tricky coalition that includes parties backed by a royalist military that has repeatedly manoeuvred against his Pheu Thai Party. His meeting with the outgoing premier and former army chief Prayuth Chan-ocha underscores a fragile detente in Thai politics, with Prayuth the architect of a 2014 coup against the last Pheu Thai government. Thaksin and Pheu Thai have denied the existence of a deal with their rivals in the military and conservative establishment. Prayuth, who has a testy relationship with the Shinawatra family, told Srettha healing rifts was important.

Persons: Srettha Thavisin, Prayuth Chan, Srettha, Prayuth, Pheu, Thaksin Shinawatra, Thaksin, Chayut Setboonsarng, Martin Petty, William Maclean Organizations: Government, REUTERS Acquire, Thai, Pheu Thai Party, Thomson Locations: Bangkok, Thailand, BANGKOK, Thai

Pheu Thai's Srettha Thavisin attends a press conference, after Thailand's parliament voted in favour of his prime ministerial candidacy, in Bangkok, Thailand August 22, 2023. "The picture is not all wine and roses," Thailand's central bank chief Sethaput Suthiwartnarueput said in recorded remarks played on Wednesday. Tourism, a major driver of the Thai economy, has managed a robust recovery, although arrivals and tourist spending are still below pre-pandemic levels, data shows. $96 BLN BUDGETIn this first address since winning office, Srettha on Wednesday vowed to provide solutions to fix Thailand's economy, among other measures, and manage the budget transparently. But its ability to execute will depend on the military backers that Pheu Thai has allied with to be able to form a government.

Persons: Pheu, Srettha Thavisin, Chalinee, Sethaput Suthiwartnarueput, Kobsidthi Silpachai, Srettha, Goldman Sachs, Poon Panichpibool, Sanan Angubolkul, Orathai Sriring, Christina Fincher Organizations: REUTERS, Rights, Tourism, Krung Thai Bank, Thai Chamber of Commerce, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Asia's, China, Thai

☆ A new PM and a fugitive's return: here's what Thailand's political future holds
▼ + stars: | 2023-08-24 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, waves at Don Mueang airport in Bangkok, Thailand August 22, 2023. RThe return of Thailand's former prime minister Thaksin Shinawatra after years of self-exile could mark the end of a chapter in the country's politics, even as some analysts believe he will still be pulling some political strings — albeit from behind. The founder of Pheu Thai party and widely seen as its de facto leader, Thaksin returned to Thailand on Tuesday after 15 years in exile, and was sentenced to eight years in prison upon his return. But he will be the key person driving Pheu Thai Party behind the scenes," said Kasem Prunratanamala, head of Thailand research at CGS-CIMB. Pheu Thai is the latest iteration of his old party Thai Rak Thai after several before were disbanded by the courts.

Persons: Thaksin Shinawatra, Thaksin, Srettha Thavisin, Kasem Prunratanamala Organizations: Thai, Chulalongkorn University's Institute of Security, International Studies, CNBC, Thai Party, CGS, Thai Rak Thai Locations: Don Mueang, Bangkok, Thailand, Thai, Pheu, Thai Rak

☆ Thailand's jailed ex-PM Thaksin hospitalised after return from exile
▼ + stars: | 2023-08-23 | by ( Panarat Thepgumpanat | ) www.reuters.com time to read: +3 min

Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, pays his respects to a portrait of Thailand's King Maha Vajiralongkorn and Queen Suthida at Don Mueang airport in Bangkok, Thailand August 22, 2023. The latest condition of 74-year-old Thaksin, the billionaire founder of the populist juggernaut Pheu Thai, was not clear on Wednesday and his representatives did not immediately respond to a request from Reuters for comment. The Pheu Thai Party's Srettha was confirmed as prime minister having received royal endorsement, a parliament official said on Wednesday. Police said Thaksin was hospitalised because the prison was unable to guarantee he would get the right care. Thaksin and Pheu Thai have denied that.

Persons: Thaksin Shinawatra, Thailand's, Maha Vajiralongkorn, Suthida, Athit, Thaksin, Srettha, Pheu, Srettha Thavisin, General Prachuab Wongsuk, Ayuth Sintoppant, Panarat Thepgumpanat, Panu, Martin Petty, Michael Perry, Robert Birsel Organizations: Thai, REUTERS, Reuters, Corrections Department, Wednesday . Police, National Police, Supreme, Thomson Locations: Don Mueang, Bangkok, Thailand, BANGKOK

☆ Thailand has a new leader but it's not the one people voted for. Here's why
▼ + stars: | 2023-08-23 | by ( Helen Regan | ) edition.cnn.com time to read: +10 min

Protesters walk through smoke after setting fire to mock corpses during a protest at Pheu Thai Party headquarters in Bangkok on August 2, 2023. It formed a coalition with other like-minded parties, including runners up Pheu Thai. Former Thai Prime Minister Thaksin Shinawatra flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand August 22, 2023. “I want to be a prime minister who can make the difference,” Srettha previously told CNN. But with an 11-member coalition that includes bitter rivals, it’s unclear whether Srettha and Pheu Thai will be able to govern effectively.

Persons: staved, Srettha Thavisin, Thaksin Shinawatra, Thaksin, Thais, Valeria Mongelli, Hans Lucas, lese, Pita Limjaroenrat, Pita, Pheu, Pheu Thai, Thaksin’s, Shinatwatra, ”, Thitinan Pongsudhirak, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, ” Thitinan, Yingluck Shinawatra, “, Strettha, Thailand’s King Vajiralongkorn, Srettha, Prayut Chan Organizations: CNN, Party, Pheu Thai Party, Reuters, Pheu, Senate, Chulalongkorn University . Former Thai, Thaksin, Manchester City Football Club, Thai, Facebook, Thai Corrections Department, Procter & Gamble, Bangkok Post Locations: Thailand, Bangkok, Senate, Thai, Pheu Thai, Don Mueang

☆ More single moms are taking long trips abroad with the kids — here's how they do it
▼ + stars: | 2023-08-23 | by ( Marylou Costa | ) www.cnbc.com time to read: +5 min

Two and a half years after Roni Dagan's husband died, she and her seven-year-old son, Gal, found solace in places far from home. Of her son Gal, Roni Dagan said: "It was difficult when he was younger, but … he's now super easy to travel with." Work, school and playDagan is part of a wave of single moms who are rediscovering themselves and reconnecting with their children through travel. It's a demographic Boundless Life hasn't specifically targeted, yet the trips — which include accommodations, coworking spaces, and schooling — are resonating with single moms and single dads. And that has to do with being a single mom, because [traditional] families stick together, and single moms are kind of left out," she said.

Persons: Roni Dagan's, Gal, Dagan, They've, Roni Dagan, …, there's, Elodie, Alison Lewis, O, Lewis, Catherine Chinatree, Sonny Organizations: CNBC Travel Locations: United States, India, Ibiza, Tel Aviv, Israel, Egypt, Red, Tanzania, Bulgaria, Greece, Italy, Portugal, Bali, U.S, Hawaii, Texas, Sintra , Portugal, Margate, Bangkok, Thailand, Malaysia, Vietnam, Singapore, Nepal

☆ Thailand's jailed former Prime Minister Thaksin hospitalized after return from exile
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: +1 min

Former Thai Prime Minister Thaksin Shinawatra (C), son Panthongtae (L) and daughter Pinthongta (R) greet supporters after his return to Thailand at the private jet terminal at Don Mueang Airport in Bangkok. Thailand's former Prime Minister Thaksin Shinawatra was moved to hospital overnight, officials said on Wednesday, over concern about his heart and high blood pressure on his first night in jail following his historic return from self-exile. Thaksin made his homecoming on Tuesday and was escorted to jail in dramatic scenes that stole the spotlight from political ally Srettha Thavisin, who was elected prime minister in a parliamentary vote later in the day. The Pheu Thai Party's Srettha was confirmed as prime minister having received royal endorsement, a parliament official said on Wednesday. Police said Thaksin was hospitalized because the prison was unable to guarantee he would get the right care.

Persons: Thaksin Shinawatra, Panthongtae, Pinthongta, Thaksin, Pheu, Srettha Thavisin, Srettha, General Prachuab Wongsuk Organizations: Thai, Don Mueang, Reuters, Corrections Department, Wednesday . Police, National Police Locations: Thailand, Don, Bangkok

☆ Former Thai Prime Minister Thaksin may not be in jail for as long as expected, professor says
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Thai Prime Minister Thaksin may not be in jail for as long as expected, professor saysPunchada Sirivunnabood, associate professor at Bangkok's Mahidol University, discusses the return of former prime minister of Thailand, Thaksin Shinawatra, who has been jailed after years in exile.

Persons: Thaksin, Punchada Sirivunnabood, Thaksin Shinawatra Organizations: Former Thai, Bangkok's Mahidol University Locations: Thailand

☆ Srettha Thavisin elected Thailand's new prime minister after months of political deadlock
▼ + stars: | 2023-08-22 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

The Pheu Thai Party's Srettha Thavisin will become Thailand's prime minister after clinching parliamentary support in a Tuesday vote. Srettha, a real estate mogul who entered the Thai political landscape mere months ago under the Pheu Thai's mantle, required 375 votes to become premier and set up Bangkok's next government. He won 482, his party said in a Google-translated Facebook post on Tuesday. Thailand has been administered by a caretaker government since March, with its parliament in deadlock. Pheu Thai initially supported the party, but progressed with its own bid for power after Move Forward's failure to gain support.

Persons: Pita Limjaroenrat, Prayuth Chan, Pheu Organizations: National Economic, Social Development, Assembly Locations: Thailand

REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsHANOI/SINGAPORE, Aug 22 (Reuters) - Thailand's second-biggest lender Kasikornbank (KBANK.BK) is in talks to buy consumer finance provider Home Credit Vietnam in a deal of up to $1 billion that would further its push to expand in Vietnam, two sources said. The Bangkok-based lender, also called KBank, hopes to become one of Vietnam's top 20 banks in terms of assets by 2027. It has total assets worth $119.7 billion, second only to Bangkok Bank (BBL.BK) in Thailand, Refinitiv data showed. KBank and Home Credit Group did not respond to Reuters' requests for comments. Home Credit Group is controlled by the Czech Republic's biggest investment group, PPF, which was founded by late billionaire Petr Kellner.

Persons: Athit, KBank, Petr Kellner, Phuong Nguyen, Kane Wu Organizations: Kasikorn, REUTERS, Rights, Home Credit Vietnam, Bangkok Bank, Stock Commercial Bank, Sumitomo Mitsui, Home, Home Credit, Home Credit Group, Thomson Locations: Bangkok, Thailand, Rights HANOI, SINGAPORE, Vietnam, Vietnam Prosperity, Asia, Netherlands, Czech, Hanoi, Singapore

☆ Plane carrying Thailand's exiled ex-PM Thaksin lands in Bangkok - media, live TV
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: 1 min

Former Thai Prime Minister Thaksin Shinawatra looks on as he speaks to Reuters during an interview in Singapore February 23, 2016. REUTERS/Edgar Su/File Photo Acquire Licensing RightsBANGKOK, Aug 22 (Reuters) - A jet reported by Thai media to be carrying the fugitive former premier Thaksin Shinawatra touched down at an airport in Bangkok on Tuesday, according to live television footage. Thaksin, who was ousted in a coup and jailed in absentia in 2008 for abuse of power, has been in self-exile for 17 years and was due to be detained on arrival, according to police. Reporting by Panarat Thepgumpanat, Panu Wongcha-um, and Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Persons: Thaksin Shinawatra, Edgar Su, Thaksin, Panarat Thepgumpanat, Panu, Chayut, Martin Petty Organizations: Thai, Reuters, REUTERS, Rights, Thomson Locations: Singapore, Rights BANGKOK, Bangkok

☆ Fmr. Thai prime minister jailed after 15 years in exile
▼ + stars: | 2023-08-22 | by ( Kate Sammer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Thai prime minister jailed after 15 years in exileFollowing his return from exile, Thailand's former prime minister, Thaksin Shinawatra, was arrested in Bangkok on Tuesday.

Persons: Thaksin Shinawatra Locations: Bangkok

☆ Morning Bid: Skyrocketing yields in the spotlight
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsA look at the day ahead in European and global markets from Tom WestbrookBond selling extended on Tuesday to drive 10-year Treasury yields to fresh 16-year highs in Asia trade and leave already-nervous stock markets cautious. But it isn't inflation, as inflation expectations have hardly budged -- investors are plainly demanding a higher return to keep on buying the stuff. Some analysts have drawn attention to the coincidence of timing between the selloff and the Bank of Japan's signal that it would allow 10-year Japanese yields as high as 1%. Small beer on the data calendar on Tuesday will keep the focus on yields and on Fed Chair Jerome Powell's Jackson Hole speech on Friday. The yen took a small boost on the risk of intervention after Bank of Japan Governor Kazuo Ueda met with Prime Minister Fumio Kishida.

Persons: Dado Ruvic, Tom Westbrook Bond, Jackson, Jerome Powell's Jackson, HSI, Thaksin Shinawatra, Kazuo Ueda, Fumio Kishida, Ueda, Shri Navaratnam Organizations: REUTERS, Bank of, BHP Group, Bank of Japan, Reuters, Better, Thomson Locations: Asia, Shanghai, Hong Kong, China, Bangkok

BANGKOK, Aug 22 (Reuters) - When Thailand's deposed prime minister Thaksin Shinawatra went into self-imposed exile in 2008 facing a raft of corruption charges following his ouster in a military coup, he issued a hand-written note. Thaksin has been Thailand's most prominent politician for decades, retaining outsized influence despite the years away. "It closes a crucial chapter in Thailand's politics," Thitinan Pongsudhirak, a political scientist at Chulalongkorn University, said of Thaksin's return. A shrewd operator who rarely minces his words, an increasingly wealthy Thaksin entered politics in the mid-1990s, initially serving as foreign minister and then deputy prime minister. But the brash Thaksin, who called himself Thailand's first "CEO prime minister", faced royalist accusations that he was undermining the revered monarchy, which he denied.

Persons: Thailand's, Thaksin Shinawatra, Thaksin, Thaksin's, Yingluck Shinawatra, Critics, watchdogs, Chalinee, Chiang Mai, Love Thais, Devjyot Ghoshal, Chayut Setboonsarng, Panu, Robert Birsel Organizations: Thaksin, Chulalongkorn University, Thai, REUTERS, Rights, Shin Corporation, Thai Rak Thai, Singapore's Temasek, Premier League, Manchester City, Thomson Locations: BANGKOK, Bangkok, Thailand, Chiang, United States, Thai, Britain

"We are asking the court to close Facebook, not allowing it to provide services in Thailand if they let these fake pages scam people," Chaiwut Thanakamanusorn told Reuters. Ministry spokesperson Wetang Phuangsup told Reuters officials were currently gathering evidence of wrongdoing by Facebook that would be presented before court. "If there is a lot of wrongdoing, the court could close down pages and accounts. Or the court could close the entire platform," he said. The ministry said scams perpetrated on Facebook included luring users to invest in fake companies, faking government bodies like the Securities and Exchange Commission and trading in digital currencies.

Persons: Chaiwut Thanakamanusorn, Meta, Wetang Phuangsup, Chaiwut, Panu, Martin Petty, Devjyot, David Goodman, Mark Potter Organizations: Facebook, Reuters, Ministry of Digital Economy, Society, Securities and Exchange Commission, Thomson Locations: BANGKOK, Southeast Asia's, Thailand

Thailand's bicameral parliament has been deadlocked for weeks on forming a government, after the anti-establishment election winner Move Forward succumbed to conservative resistance in parliament, leaving second-placed Pheu Thai to take up the effort. Parliament will vote on Tuesday on the prime ministerial bid of Pheu Thai's Srettha Thavisin, a 60-year-old real estate mogul who was thrust into politics only a few months ago. "To move the Pheu Thai Party forward, to help the people, we are not lying to the people but we have to be realistic," he told a press conference. "Over the past nine years Pheu Thai was not in government, we didn't have power, it is clear people's living standards dropped." Pheu Thai’s bid to form a governmentPheu Thai said it would still forge ahead with changing the constitution to make it more democratic, but would steer clear of amending laws related to the powerful monarchy.

Persons: Srettha Thavisin, Athit, Thaksin, Srettha, Thaksin Shinawatra, Yingluck Shinawatra, Pheu, Panarat Thepgumpanat, Chayut, Panu, Martin Petty, Robert Birsel, Alison Williams Organizations: REUTERS, Ex, Pheu Thai Party, Pheu, Thai Party, Forward, Twitter, Thomson Locations: Bangkok, Thailand, BANGKOK

Thailand has been under a caretaker government since March and its new parliament has been deadlocked for weeks after anti-establishment election winners Move Forward were blocked by conservative lawmakers, leaving populist heavyweight Pheu Thai to lead a new effort. Srettha said on Monday Pheu Thai had failed to secure the outright majority it had targeted, so its only chance of governing was in partnership with some rivals it had vowed not to work with. Still, he seems determined and confident to follow through this time, however, with widespread speculation that Pheu Thai's alliance with its enemies is part of a behind-the-scenes deal Thaksin may have struck to allow his return. Pheu Thai has denied Thaksin's involvement in its bid to form a government and the former leader has for months denied conspiring with the generals who led coups against him and sister Yingluck Shinawatra in 2006 and 2014. "Tomorrow, at 9 a.m., I want permission to come back to live on Thai soil and breathe the air with other Thai people," Thaksin said on social media platform X, formerly Twitter.

Persons: Srettha Thavisin, Athit, Pheu, Thaksin, Thaksin Shinawatra, Srettha, Thai, upstarts, Yingluck Shinawatra, Martin Petty, Mark Heinrich Our Organizations: REUTERS, Ex, Thai Party, English Premier League football, Thaksin, Thomson Locations: Bangkok, Thailand, BANGKOK

☆ Thai Ex-Prime Minister Returns From Exile, Adding to Political Chaos
▼ + stars: | 2023-08-21 | by ( Sui-Lee Wee | More About Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

Thaksin Shinawatra, the former premier who was ousted in a coup and has been living in exile since 2006, returned to Bangkok for the first time in 15 years on Tuesday, adding to the country’s political drama on a day that Parliament was to vote for a new prime minister. Mr. Thaksin was living in self-imposed exile in part to avoid facing corruption and abuse of power charges affiliated with his telecom business. While in exile, he shuttled between England, Hong Kong and Dubai, avoiding Thailand for fear of not receiving a fair trial. He was tried for most of these cases in absentia and found guilty of several charges. Mr. Thaksin’s private jet arrived Tuesday morning at the Don Muang International Airport in Bangkok.

Persons: Thaksin Shinawatra, Thaksin Organizations: Don Muang International Locations: Bangkok, England, Hong Kong, Dubai, Thailand

The former prime minister then left on a police truck, headed to the Supreme Court. The Thaksin-backed Pheu Thai party, which came second in the May election, will nominate its choice for the country’s next leader Tuesday: real estate mogul Srettha Thavisin. Former Thai Prime Minister Thaksin Shinawatra while flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand on August 22. Pheu Thai Party leader Cholnan Srikaew said in a statement Monday that the coalition would not include Move Forward Party, which won the most votes in the election. In 2006, Thaksin was ousted and, facing a potential prison sentence over corruption charges, went into self-imposed exile.

Persons: Thaksin Shinawatra, Thaksin, Thaksin’s, Yingluck Shinawatra, Paetongtarn, Srettha Thavisin, Palang Pracharath, Prayut Chan, Yingluck, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, Thais, Cholnan Srikaew, –, ”, Thitinan Pongsudhirak, Prayut, “, “ We’ve, ” Thitinan Organizations: CNN, Manchester City Football Club, UN, Mueang International, Supreme, Thaksin, United Thai Nation Party, Thai, Thai Party, Party, National Institute of Development Administration, Reuters, Facebook, Institute of Security, Studies, Chulalongkorn University, Forward Party Locations: Thailand, New York, Singapore, Bangkok’s, Thai, Don Mueang, Bangkok

Southeast Asia's second-largest economy has been hobbled by slackening global growth, led by its main trading partner China and falling investor confidence due to a protracted period without a government following elections in May. On a quarterly basis, GDP rose a seasonally adjusted 0.2% in the June quarter, also sharply under a forecast rise of 1.2%. The global demand weakness prompted the government to cut its 2023 GDP growth forecast to between 2.5% and 3.0% from a range of 2.7% to 3.7%. As weak global demand crimps exports, Thailand's economy has been supported by its vital tourism sector and private consumption growth. It projected exports to drop 1.8% in 2023 versus an earlier forecast for a 1.6% fall.

Persons: Danucha Pichayanan, Pheu, Srettha Thavisin, Danucha, Orathai Sriring, Kitiphong, Martin Petty Organizations: China, National Economic, Social Development Council, Thomson Locations: BANGKOK, Thailand

☆ Thailand: Visit of King's estranged sons comes at a delicate time for monarchy
▼ + stars: | 2023-08-20 | by ( Helen Regan | ) edition.cnn.com time to read: +12 min

Vacharaesorn Vivacharawongse is blessed by a Buddhist monk during a religious ceremony at Wat Yannawa temple in Bangkok, Thailand, on August 10. Vacharaesorn Vivacharawongse visits the Foundation for Slum Child Care supported by the Royal Family, in Bangkok on August 8. Of the two sons, analysts say Vacharaesorn could be the one to watch for any future role within the royal family. Vacharaesorn Vivacharawongse prays during a religious ceremony at Wat Yannawa temple in Bangkok, Thailand, August 10. The places they visited were significant, nothing too official but enough to exhibit their connections to the country and royal family, analysts say.

Persons: Thailand’s, Maha Vajiralongkorn, Vacharaesorn Vivacharawongse, Vacharaesorn, Chakriwat Vivacharawongse, King, ” Vacharaesorn, Bangkok’s Suvarnabhumi, Athit Perawongmetha, Pavin Chachavalpongpun, Thais, King Bhumibol Adulyadej, –, Bajrakitiyabha, Vajiralongkorn, Yuvadhida Polpraserth, Vivacharawongse, Princess Sirivannavari, Queen, ”, Paul Handley, “, Never, King Vajiralongkorn, ’, Thitinan Pongsudhirak, Handley, Chakriwat, Prince Mahidol –, Pavin Organizations: CNN, Reuters, Kyoto University’s Center, Southeast Asian Studies, Foundation for Slum Child, King’s Guard, Thai Crown, Elections, Thai, Chulalongkorn University, “, New, ” CNN, Center, BTS, Siriraj Hospital Locations: Bangkok, United States, United Kingdom, New York, Thailand, Bangkok’s, Wat Yannawa, Thai, Hong Kong

Former Thai Prime Minister Thaksin Shinawatra looks on as he speaks to Reuters during an interview in Singapore February 23, 2016. Also scheduled for Tuesday is another parliamentary vote for prime minister, to be nominated by the Thaksin-backed Pheu Thai Party. Some analysts said Thaksin's return suggests Pheu Thai has reached a deal with political parties on forming a government after gaining support from military-backed parties. Pheu Thai, set to nominate real estate tycoon Srettha Thavisin, needs the support of more than half the bicameral legislature, including the military-appointed Senate. The party on Thursday gained support from a rival military-backed party after a lawmaker from another military-backed party said they would support Pheu Thai in overcoming the impasse.

Persons: Thaksin Shinawatra, Edgar Su, Thaksin, Thaksin's, Paetongtarn Shinawatra, Surachate Hakparn, Thanaporn Sriyakul, Srettha Thavisin, Orathai Sriring, William Mallard Organizations: Thai, Reuters, REUTERS, BANGKOK, Thaksin, Thai Party, Political Science Association of Kasetsart University, Thomson Locations: Singapore, Thailand, Muang, Pheu

☆ 8 of the world’s best new theme parks
▼ + stars: | 2023-08-18 | by ( Kate Springer | ) edition.cnn.com time to read: +13 min

Peppa Pig Theme Park, FloridaFlorida's Peppa Pig Theme Park opened in 2022. Peppa Pig Theme ParkThe world’s first Peppa Pig Theme Park opened last year in Winter Haven, Florida, and has been delighting children with wholesome fun ever since. Look out for another Peppa Pig Theme Park, opening in Dallas, Texas, next year. Peppa Pig Theme Park. Genting SkyWorlds Theme Park, MalaysiaMalaysia's Genting SkyWorlds Theme Park offers 26 attractions across nine themed areas.

Persons: we’re, Katmandu, Kilgore Goode, Kyle Grillot, Peach’s, Mount Beanpole, Mario, Bowser, Bowser Jr, Tomohiro Ohsumi, Miyazaki’s, There’s, LEGOLAND, gil, Aquaverse, there’s, Chang, Potato’s, Grandad, Wynter, ” Organizations: CNN, Northern, Columbia Pictures, Super Nintendo, California Mario Kart, Universal Studios Hollywood, Bloomberg, Universal Studios Japan, Mushroom Kingdom, Toadstool, Nintendo, Universal City Plaza, Universal, Ghibli, Ghibli Park, South Korea LEGOLAND, LEGOLAND, Thailand Columbia Pictures, Columbia, Lotte, Adventure, South Korea Lotte, Adventure Busan Lotte, Tinker, Potato’s Showtime, Genting, Andromeda Base, Plaza, Genting SkyWorlds Locations: Japan, Thailand, Punta Cana, Dominican Republic, Caribbean, Nepal, Av, Alemania, California, Bowser’s, Mount, Universal City , CA, Nagoya, Nagakute, Aichi, Korea, South Korea, York, Legoland, LEGOLAND Korea, Chuncheon, Seoul, Gangwon, Asia, Pattaya, Bangkok, Transylvania, Chon, Adventure Busan, Tinker Falls, “ Queen, “, Busan, Florida, Winter Haven , Florida, Dallas , Texas, Wynter Haven , Florida, Malaysia, Resorts, Kuala Lumpur, Rio, Liberty Lane, Central Park, Genting, Genting Highlands, Pahang

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