New Thai cabinet to be ready this month
The Prime Minister, Gen. Prayut Chan-o-cha, said he will try to finalize the allocation of cabinet portfolios by the end of this month.
BANGKOK, 19 June 2019 (NNT) – The Prime Minister, Gen. Prayut Chan-o-cha, said he will try to finalize the allocation of cabinet portfolios by the end of this month. He has urged all sides not to make an issue out of this.
Gen. Prayut said he has received the list of all candidates and their qualifications are now under review. If no issues arise, the list will be submitted for royal endorsement this month.
He said all sides should not create confusion over the cabinet seat allocation because not everyone can become a minister. He said there would be a reshuffle if the new ministers prove unsuitable for the roles. He said the idea of him concurrently serving as the Defense Minister is still under consideration.
As for some criticism that the Prime Minister may lack experience in politics, he said such comments were inaccurate since he has been administering the country and working in the political arena for five years.
He has called on politicians to stop arguing and refrain from using the phrase ’power succession’ since a general election was held in accordance with the democratic system. He said politicians should respect the law and stop stirring conflict.
Gen. Prayut added that he has not made a decision about leading the Palang Pracharath Party and will consult with his legal team first.
Currencies
Thai baht becoming the region’s worst-hit currency in COVID pandemic
According to data from its tourism ministry as well as the World Bank, Thailand had only a little over 34,000 tourist arrivals as of May 2021, compared with over 39 million in 2019, before the pandemic. Fewer tourists also means lower demand for the Thai baht.
The Thai baht has been hit by a sharp decline in tourism numbers due to the COVID pandemic, making the country’s currency the worst-hit in the region this year, according to Mizuho Bank.
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Economics
Asia’s slow rate of vaccination is a thorn in the region’s economic recovery
Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are not far off their daily infection peaks reached in the second quarter of 2021.
Last week was tough for the Asia-Pacific region. Many countries responded to stubbornly elevated daily infections by extending or tightening social distancing measures.
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