News Formal

Thai PM Srettha to take finance portfolio amid tepid economic growth

  • 📰 staronline
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Thailand's new Prime Minister Srettha Thavisin was named finance minister on Saturday in a cabinet that was endorsed by the king, as the real estate tycoon seeks to boost South-East Asia's second-largest economy and implement key campaign promises.

Thailand's economy has been faltering due to weaker exports and investments, with the central bank saying last month that the full-year forecast for 3.6% growth could be lowered.

The announcement of the new cabinet comes weeks after Srettha, former president of luxury property developer Sansiri, won a parliamentary vote in August to become prime minister. On Friday, the king commuted the sentence to one year, citing his loyalty to the monarchy and his poor health.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thai PM Srettha to take finance portfolio amid tepid economic growthThe Southeast Asian country’s economy has been faltering due to weaker exports and investments.
Source: fmtoday - 🏆 5. / 72 Read more »