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Finance Minister Ekniti Nitithanprapas said on Wednesday that Thailand has not engaged in currency manipulation, and that the central bank has the tools to manage the currency without resorting to intervention.
The government is studying the feasibility of launching a second phase of the “Khon La Khrueng Plus” co-payment scheme, following an overwhelmingly positive public response on day one of its rollout, says Finance Minister Ekniti Nitithanprapas said.
Thailand and Cambodia have agreed to begin a three-phase withdrawal of heavy weaponry along their border, with the first phase scheduled to begin at midnight on Nov 1. The entire operation is scheduled to take until the end of January.
The Thai has army confirmed it will free 18 Cambodian soldiers if Phnom Penh meets all four conditions set by Thailand, including the withdrawal of weapons and landmine clearance.
The high-stakes meeting will test how far both countries are willing to steady ties strained by trade disputes, tech rivalry and geopolitical competition, analysts told CNA.
Government agencies are moving forward with preparations for the Loy Krathong Festival, which falls on Nov 5, while ensuring the celebrations are conducted respectfully during the national mourning period and with strict safety measures in place.
The Restaurant Association has raised concerns about the new Alcoholic Beverage Control Act (2025), which bans the consumption of alcoholic beverages in establishments during prohibited hours, as this will potentially impact the tourism industry.
River cruise operators are reporting a cancellation rate of 30-40% after the Vijit Chao Phraya illumination festival was postponed for the mourning period for Her Majesty Queen Sirikit, the late Queen Mother, while hotels are urging authorities to provide detailed guidelines to prevent people from cancelling their New Year celebrations.
Thailand will not reopen its border with Cambodia until Phnom Penh meets four conditions and restores diplomatic ties, Prime Minister Anutin Charnvirakul declared on Tuesday.
