Prime Minister Srettha Thavisin
- Thailand News
Cambodian PM hails Thai counterpart for preventing political interference
Gratitude was expressed by Cambodian PM Hun Manet towards Srettha Thavisin, Prime Minister of Thailand, for his commitment to preventing Thailand from becoming a platform for interference in Cambodia’s internal affairs. The statement was made today, February 7, following the apprehension of two Cambodian human rights activists and a former political detainee by Thai officials. The arrests have engendered criticism from…
- Thailand News
Thai prime minister pressures Bank of Thailand for rate cut
The Bank of Thailand (BoT) is under increasing strain today as Prime Minister Srettha Thavisin publicly urges a 25 basis point reduction in rates. The demand is part of a continued push from the government for the BoT to decrease interest rates, a tactic it views as crucial for stimulating an economy it believes to be struggling. The government also…
- Business News
Thailand’s investment applications surge to five-year high in 2023
Thailand’s investment promotion applications in 2023 skyrocketed to a five-year high of 848 billion baht, marking a 43% increase from the adjusted figure of the previous year. The surge was powered by significant foreign investments in the five priority sectors identified in the Board of Investment’s (BoI) fresh Investment Promotion Strategy. Contributing to this colossal growth in Thailand’s foreign direct…
- Thailand News
Thailand’s defence ministry to take action over fraudulent Sor Dor 43 sales
The Defence Ministry of Thailand disclosed yesterday that it will take legal action against any military members, both former and present, who are found guilty of selling fraudulent Sor Dor 43 certificates. The announcement was made by Minister Sutin Klungsang, in response to allegations by Wiroj Lakkhanaadisorn, a party-list MP of the Move Forward Party (MFP) and chairman of the…
- Thailand News
Cambodian PM’s visit to Thailand aims to resolve maritime dispute
Cambodian Prime Minister Hun Manet is set to visit Thailand for a one-day official discussion on Wednesday, with a crucial focus on the protracted joint development of natural resources within the disputed maritime boundary shared by both nations. This was announced on Monday by both the Foreign Ministry and Government House. The visit, which is anticipated to include a meeting with…
- Thailand News
China’s AIIB shows interest in funding Thailand’s Land Bridge project
Prime Minister Srettha Thavisin revealed that the Asian Infrastructure Investment Bank (AIIB), led by China, has shown interest in funding Thailand’s Land Bridge project. This project, worth a staggering 1 trillion baht, aims to link Ranong with Chumphon in the southern region of Thailand. The goal is not only to establish an efficient logistics network but also to alleviate the persistent…
- Thailand News
Thai PM Srettha and Cambodian PM engage in talks over air pollution crisis
Prime Minister Srettha Thavisin declared his intention to engage in a crucial dialogue with Cambodian leader Hun Manet to tackle the alarming surge of transboundary air pollution. PM Srettha, expressing concern, revealed that a look at the satellite map shows that most of the relevant hotspots are in Cambodia, and the wind is blowing from the east. The MODIS satellite,…
- Thailand News
Thailand set to sign free trade agreement with Sri Lanka
Prime Minister Srettha Thavisin is set to sign a free trade agreement (FTA) with Sri Lanka during his upcoming visit to the island nation this week, according to spokesperson Chai Watcharonke. This marks the 15th FTA for Thailand and the first since PM Srettha assumed office the previous year. PM Srettha’s visit comes at the invitation of Sri Lanka’s Premier,…
- Business News
Thai government seeks interest rate cut as household debt fuels recession
Thailand’s economy is currently grappling with a recession triggered by soaring household debt, as reported by the Deputy Finance Minister, Julapun Amornvivat, today. This intensified the call for the central bank to reduce interest rates. Julapun also expressed the government’s commitment to the 500 billion baht distribution plan, which aims to allocate 10,000 baht per person to 50 million Thai…
- Thailand News
Thailand prime minister requests another giant panda from China
Thailand Prime Minister Srettha Thavisin recently voiced his desire for China to send another giant panda to Thailand. This request follows the death of Lin Hui, a beloved panda who had been a significant attraction in the country. The prime minister’s request received support from Chinese Foreign Minister Wang Yi, highlighting the close diplomatic relations between the two nations that span…
- Thailand News
Germany backs Thailand’s pursuit of becoming regional EV hub
Germany pledged to increase its stake in the electric vehicle (EV) sector in Thailand, paving the way for the nation to emerge as a regional EV hub, according to Prime Minister Srettha Thavisin. This announcement was made during a press briefing on Thursday, following a discussion with Frank-Walter Steinmeier, President of Germany, who is on a three-day official visit to…
- Thailand News
Clean sweep: German president and Thai PM forge ties
In a diplomatic meeting, German President Dr Frank-Walter Steinmeier met with Prime Minister Srettha Thavisin today, with promises for a cleaner, more empowered Thailand. Amidst discussions held at the Santi Maitree Building within the Government House compound, President Steinmeier pledged unwavering support for Thailand’s green ambitions. Government spokesperson Chai Wacharonke revealed that the German president committed to projects aimed at…
- Business News
Thai government insists on land bridge project amidst criticism, seeks international investors
Despite facing criticism, the Thai government remains determined to proceed with its Land Bridge project, inviting foreign investors and prioritising environmental implications, especially in headwater regions. Government spokesperson Chai Wacharonke, addressing a mobile Cabinet meeting in Ranong, confirmed the government’s intent to engage foreign investors post the project’s promotion by Prime Minister Srettha Thavisin at three international events. These included…
- Thailand News
Thai passport holders visa waiver with China boosts tourism
Thai Prime Minister Srettha Thavisin announced the imminent signing of a visa waiver agreement between Thailand and China. The deal, to be sealed on Friday during Chinese Foreign Minister Wang Yi’s visit to Thailand, promises to liberate citizens from both nations to explore each other’s territories freely, igniting a tourism revolution. Addressing the crowd at the Thailand 2024 – The…
- Thailand News
Thai senator pushes government to solve Cambodia border dispute
Senator Khamnoon Sitthisaman has thrown a spotlight on an unresolved maritime dispute between Thailand and Cambodia, urging the government to address the issue before diving into talks on joint development of a 26,000-square-kilometre energy-rich area in the Gulf of Thailand. The senator’s call for prompt action comes as Prime Minister Srettha Thavisin gears up for crucial discussions with Cambodian Prime…
- Thailand News
PM Srettha promises to consider opposition’s concerns on Land Bridge megaproject
Prime Minister Srettha Thavisin assured opposition groups that he would take into account their concerns regarding the Land Bridge megaproject. The discussions took place at Suan Sunandha Rajabhat University’s education centre in Ranong, following a mobile Cabinet meeting. The megaproject, valued at 1 trillion baht, is designed to create a logistics network linking Ranong with Chumphon. It consists of a…
- Thailand News
Thai government officials inspect 1-trillion-baht Land Bridge megaproject amid environmental concerns
Prime Minister Srettha Thavisin, Interior Minister Anutin Charnvirakul and Transport Minister Suriya Jungrungreangkit embarked on an official visit to the Andaman region, with Ranong, the site of the 1-trillion-baht Land Bridge megaproject, as their first stop. The project, expected to generate significant benefits across the southern region, is facing criticism due to its potential environmental impact. The officials inspected a…
- Thailand News
PM Srettha reassures public on Land Bridge megaproject amid concerns
Prime Minister Srettha Thavisin voiced his administration’s commitment to addressing the concerns of groups opposing the Land Bridge megaproject. Today, PM Srettha is visiting the proposed construction site in Ranong, where a mobile cabinet meeting is scheduled for tomorrow. The 61 year old Thai prime minister acknowledged the government’s shortcomings in effectively communicating the project’s economic advantages to international investors.…
- Thailand News
PM Srettha to submit PM2.5 dust plan within court’s 90-day deadline
Prime Minister Srettha Thavisin announced yesterday his intention to submit a plan designed to address the issue of PM2.5 fine dust within a 90-day deadline set by the Chiang Mai Administrative Court. The court order followed a formal complaint lodged by a northern network of individuals, requiring the Thai prime minister and the national environmental panel to draft the plan.…
- Thailand News
Thai PM pushes for minimum wage raise
Prime Minister Srettha Thavisin declared yesterday that Thailand must abandon its reliance on low labour costs to entice foreign investments, pushing for a raise in the country’s minimum wage. Addressing a panel discussion titled Learning from ASEAN at the World Economic Forum in Davos, PM Srettha emphasised a paradigm shift in priorities. “Low labour cost should not be the attracting…
- Thailand News
PM Srettha discusses direct flights from Brussels to Bangkok at WEF
At the 54th World Economic Forum in Davos, Prime Minister Srettha Thavisin met Belgium Prime Minister Alexander De Croo to discuss stronger ties between the two nations at the Congress Centre on January 17. Coming out of the high-profile meeting, the prime minister-cum-finance minister pledged to explore the prospect of direct flights between Brussels and Bangkok with the involvement of…
- Thailand News
Thai PM tweets from the top: Srettha’s Swiss summit scoop at Davos World Economic Forum
Thai Prime Minister Srettha Thavisin took to his Twitter account to keep his compatriots in the loop about his diplomatic encounters in Davos, Switzerland at the World Economic Forum (WEF). The 61 year old Thai prime minister spared no detail in sharing snippets of his discussions with a constellation of influential figures at the WEF. From rubbing shoulders with executives of…
- Thailand News
Thai PM hails Thailand as top Airbnb hotspot and UK Telegraph’s 6th best destination this year
Thailand emerged as the ultimate getaway for Chinese tourists, clinching the top spot on Airbnb‘s coveted list and securing the 6th position in The Telegraph’s must-visit destinations for 2024. Government spokesperson Chai Wacharonke revealed that Thailand outshone all rivals on Airbnb’s hotel booking platform during the winter season of December 2023 to February 2024. “Thailand is the most sought-after destination…
- Thailand News
Thailand unearths lithium and sodium, amps up as EV battery hub
Thailand discovered two significant deposits of lithium and sodium, key ingredients for electric vehicle (EV) battery production, marking the country’s stride towards becoming a central and primary production base in the region. Radklao Inthawong Suwankiri, the Deputy Spokesperson for the Prime Minister’s Office, revealed that the Ministry of Industry’s expedited exploration led to the discovery of the lithium mines, known…
- Thailand News
Thailand’s major negotiation tool to be AI at World Economic Forum
Prime Minister Srettha Thavisin is set to unleash Thailand’s secret weapon, artificial intelligence (AI), at the 54th World Economic Forum (WEF) in Davos. This year, the WEF is not just a meeting, it’s a battleground for global leaders navigating a world torn apart by geopolitics and AI advancements. Thailand’s 12th year at the WEF is more critical than ever, with…
- Thailand News
Thai PM honours teachers on Teacher’s Day, emphasising their role in national education
Thailand Prime Minister Srettha Thavisin today marked Teacher’s Day 2024 by bestowing honours upon teachers for their significant contribution to the nation’s education. He wished happiness and robust health for all educational personnel, underlining their role in fostering Thai children into valuable assets for both the country and the world. Respecting teachers as diligent workers crucial in crafting valuable individuals…
- Business News
Bank of Thailand maintains policy rate for economic revival
The existing policy rate of the Bank of Thailand is deemed suitable for the nation’s economic revival, while inflation is anticipated to remain within its target range, according to the central bank. This decision, the Monetary Policy Committee (MPC) of the central bank states, is based on a comprehensive analysis of various scenarios. Piti Disyatat, Assistant Governor and MPC Secretary…
- Thailand News
Thai government spends 185 billion baht in 123 days met with criticism
Prime Minister Srettha Thavisin’s coalition government unleashed a whopping 185 billion baht assault on Thailand’s economic and social quagmires, thansettakij.com on January 13. The audacious measures by the 61 year old PM include a multifaceted approach to lighten the burden on citizens, with reductions in fuel and electricity prices, financial lifelines for struggling small to medium-sized businesses, debt relief for…
- Thailand News
Thai Prime Minister to woo global giants at World Economic Forum
Thailand Prime Minister Srettha Thavisin is set to meet with several leading global private companies, confident that these interactions will attract further trade and investment from abroad. These meetings will take place during the World Economic Forum (WEF) of 2024 and are expected to significantly benefit the Thai economy. Chai Watcharong, Prime Minister Office spokesperson, revealed that during the WEF…
- Thailand News
PM Srettha to pitch Land Bridge megaproject at WEF
Prime Minister Srettha Thavisin is set to entice foreign investors towards the 1 trillion-baht Land Bridge megaproject during the World Economic Forum (WEF) which starts on Monday and concludes on Friday in Davos, Switzerland. PM Srettha will be accompanied by a team of cabinet ministers including Parnpree Bahiddha-Nukara, the Foreign Affairs Minister, and Transport Minister Suriya JungrungÂreangkit, following an invitation…
