Thai PM Anutin asks for more liquidity from banks
[BANGKOK] Thai Prime Minister Anutin Charnvirakul on Monday asked for support from banks to increase liquidity.
The government is also setting up a team to address the appreciation of the baht, which last week hit a four-year high, said Finance Minister Ekniti Nitithanprapas, adding that it will take prompt action to tackle debt.
They were both speaking after a meeting with the Thai Bankers’ Association. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
