The banking veteran took office just last month as Prime Minister Prayuth Chan-ocha shook up his economic team to address the drop in demand and the devastation suffered by the country’s vital tourist industry.
Office workers and construction workers with face masks walk in a side walk in Bangkok, Thailand, Thursday, Sept. 3, 2020. From 2004 to 2005 he was the commander-in-chief of the Royal Thai Army
Participants are expected from the sustainability leaders, representatives of the UN agencies in Thailand, UN Global Compact, government agencies, the business sector, and civil society organizations.
All rights reserved. BANGKOK (Reuters) - Thailand’s recently appointed finance minister, Predee Daochai, has resigned as the government struggles to pull Southeast Asia’s second-largest economy out of a slump caused by the coronavirus pandemic. © 2020 The Associated Press.
Flag of the prime minister of Thailand 1979–present
His resignation was confirmed by an official announcement in the country’s Royal Gazette.
Thai industries employ hundreds of thousands of migrant workers from Myanmar.The Thai government has ordered authorities in 10 provinces on the Thai-Myanmar border to beef up security to control the number of people crossing between the two countries. You can unsubscribe at any time and we'll never share your details to third parties. Predee, 61, did not respond to telephone calls from Reuters, and it was not immediately known why he resigned. The content is provided for information purposes only. Gen Prawit Wongsuwan served as Minister of Defence of Thailand from 2008 to 2011 and from 2014 to 2019.
September 3, 2020
On Thursday, Aug. 6, 2020, Prayuth reshuffled his Cabinet, with an experienced banker taking over the post of finance minister. Office workers and construction workers with face masks walk in a side walk in Bangkok, Thailand, Thursday, Sept. 3, 2020. “We were hoping the minister would help with soft loan problems, but there may be no chance now,” said Chairat Triratanajaraspon, president of the Tourism Council of Thailand.
But its economy has been devastated by the absence of foreign tourists, who are banned from entry, and by a drop in exports.The country finds itself in a position similar to that of New Zealand, which had a 102-day streak without local transmissions, and Vietnam, which had 99 days.Both countries learned that keeping the virus at bay is not the same as defeating it, and when new cases sprung up they were forced to reinstate socially restrictive measures, including lockdowns in affected urban areas.Thai officials in recent weeks have suggested various plans to allow the entry of visitors from abroad to revive the tourist industry, a major employer and revenue earner.Thira Woratanarat, a preventive medicine expert with the Faculty of Medicine at Bangkok's Chulalongkorn University, praised the government for how it has contained the health threat by making it a priority, but expressed concern that foreign tourists should not be admitted until the coronavirus has been better contained worldwide.He cited Vietnam as an example of how 100 days with no local transmissions is a meaningless benchmark.
In another routine procedure, he was tested as part of a group of 34 new inmates.
Thailand Approves $720 Million Plan to Boost Domestic Tourism
"After the first wave subsided, many people said it was time to rebuild the economy, but, for me, it was not.
His Excellency Prime Minister Prayut Chan-o-cha will preside over the ceremony and deliver the keynote address, “Leadership in Crisis Management: Experiences from COVID-19”. Earlier news that Predee had proffered his resignation prompted the stock market to fall as much as 0.9% Predee’s departure would created uncertainty in policy-making as the government rolls out billions of dollars of stimulus to aid the economy through the pandemic. FILE PHOTO: Pro-democracy students participate in a three-fingers salute marathon from 8 am to 8 pm during a rally near the Democracy monument in Bangkok, Thailand, August 31, 2020. Thailand is forecast to record less than a fifth of last year’s record 39.8 million visitors, whose spending made up about 11.4% of GDP. The post has existed since the Revolution of 1932, when the country became a constitutional monarchy. Phys.org internet news portal provides the latest news on scienceTech Xplore covers the latest engineering, electronics and technology advances Science X Network offers the most comprehensive sci-tech news coverage on the web
August 19, 2020 Prime Minister Prayut Chan ocha, in an appeal for. Participants are expected from the sustainability leaders, representatives of the UN agencies in Thailand, UN Global Compact, government agencies, the business sector, and civil society organizations. Prime Minister and Defense Minister General Prayut Chan-o-cha on the 17 of June 2020 issued a statement to inform the people about three changes to the ways of working for himself and the government in a landmark change.
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