Amid friction points, can PM Srettha and the BOT chief work in harmony?

2 Oct 09:07 Key points summarised by AI

Prime Minister Srettha's government advocates for large-scale populist spending, including a 10,000 baht digital wallet, to stimulate economic growth, directly conflicting with BOT Governor Sethaput's cautious stance on fiscal prudence and monetary stability.
The ongoing friction and perceived lack of central bank independence have heightened investor uncertainty, contributing to the baht's depreciation and raising fears of potential sovereign rating downgrades.
Despite government pressure, the Bank of Thailand recently raised its benchmark interest rate to 2.50%, citing the need to maintain price stability and support long-term sustainable growth, further intensifying the policy divide.

Bai Lu meet-and-greet cancelled days after China’s safety warning

Yesterday 15:28 Key points summarised by AI

Thailand's Tourism and Sports Minister announced the government will seek clarification from the Chinese Embassy regarding its recent travel advisory warning Chinese nationals about safety concerns in Thailand.
The travel advisory is anticipated to negatively impact the number of Chinese tourists visiting Thailand, despite recent increases in arrivals.
A meet-and-greet event featuring Chinese actress Bai Lu, a WeTV Global Ambassador, was abruptly cancelled just days after the Chinese Embassy issued its safety warning, though no official reason was provided.
The Chinese Embassy's advisory urged citizens to beware of job scams, fraudulent investments, suspicious travel arrangements, and the risk of illegal detention or being lured to the Thai-Myanmar border.
Chinese nationals were advised to verify job offers, use legitimate transport, avoid high-risk border areas, protect personal documents, and keep family informed of travel plans.