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Lending guidelines planned to reduce Thailand’s household debt
Thailand’s commercial banks have recently agreed, in principle, with the Bank of Thailand to set lending guidelines by limiting a borrower’s debt-to-service ratio (DSR) to 70%, for those earning up to Bt30,000 per month, in an effort to fix expanding household debt, which is regarded as risk to overall financial... -
Hong Kong police arrest 29 as city returns to violence, further protests planned
HONG KONG (Reuters) - Hong Kong police on Sunday said they arrested 29 people after clashes overnight in which volleys of tear gas were fired to break up anti-government protests and as the Asian financial hub braced for further demonstrations in the day. Activists on Saturday threw petrol bombs and... -
Hundreds of new fires in Brazil as outrage over Amazon grows
Hundreds of new fires are raging in the Amazon rainforest in Brazil, official data showed Saturday, as thousands of troops were made available to help fight the worst blazes in years following a global outcry. Multiple fires billowing huge plumes of smoke into the air were seen across a vast... -
China warns U.S. to stop ‘wrong’ trade actions or face consequences
BEIJING (Reuters) - China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its “wrong actions”. The comments made by China’s Ministry of Commerce came after the U.S.... -
Ombudsman to rule on the matter of PM’s incomplete oath next Tuesday
The Ombudsman is expected to rule next Tuesday on whether Prime Minister Prayut Chan-o-cha breached the Constitution by failing to recite the oath in full during the swearing-in ceremony in front of His Majesty the King in July, said Mr. Raksakecha Chaechai, secretary-general of the Ombudsman’s Office, on Saturday. He... -
‘Tailor made’ welfare system may replace ‘one size fits all’
Thailand’s Finance Ministry is considering an overhaul of the current ‘one size fits all’ state welfare system, replacing it with a more tailor made version which is more efficient in addressing poverty related issues. A research study into an alternative welfare system, undertaken by economists at the Fiscal Policy Office,...
Asean Summit 2019
ARF discussed cooperation on security issues
Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and their counterparts from world powers including the United States,...
Profiles
It’s not how Cabinet looks; it’s how Prayut formed it
Prime Minister Prayut Chan-o-cha may have taken one step closer to the brink with the Cabinet he has set up....
That is bad news for him, but worse news for the Thai people is that if his government is to go down, it can be because of politics that has little to do with day-to-day...
Election Aftermath
Asean
US-China trade row seen to help conclude RCEP by year end
The escalating trade war between the US and China may help drive a conclusion to the negotiation of the Regional...
Politics
3 red-shirt leaders ordered to pay 19.3 million baht compensation for damage caused during 2010 protests
United Front for Democracy against Dictatorship (UDD) chairman Jatuporn Promphan and two former red-shirt leaders, Natthawut Saikua and Arisman Pongruangrong,...
Food and Travel
Japanese Tea Ceremony
What is the origin and purpose of Japanese tea ceremony? Why there is a lot of process to drink just...
Business
Lending guidelines planned to reduce Thailand’s household debt
Thailand’s commercial banks have recently agreed, in principle, with the Bank of Thailand to set lending guidelines by limiting a...
Highlights of the week
Commentary: Divide disrupts Thailand’s shot for political integrity
Two related incidents over the past few days can tell how far the country has come in its attempt to...
Both Prime Minister Prayut Chan-o-cha and the opposition have uphill tasks if they are serious about achieving a true political reform.
Political Pulse
Thai-American US Senator Tammy calls for patience
Saturday, August 24, 2019: In a rare sympathetic comment from the United States about Thai politics, Thai-American US Senator Tammy Duckworth on...
Political Pulse is a regular update of political events. The snapshots will be on a daily basis, so plan your visit accordingly.
