Deputy Prime Minister Phumtham Wechayachai has been appointed as acting prime minister with full authority to carry out the duties of the premiership at a special cabinet meeting on Saturday morning.

ABOUT POLITICS: The People’s Party’s reform agenda could be risky right now, thanks to the nationalism fed by the border dispute v Thaksin Shinawatra survived his lese majeste trial, but the hospital stay ruling will have greater political significance

RECAP: Most Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, while mounting expectations for a US interest rate cut next month prompted investors to rotate back into riskier regional assets.

Foreign Affairs Minister Maris Sangiampongsa said Thailand is concerned over Cambodia’s repeated violations of the ceasefire agreement and the continued use of anti-personnel landmines along the border, during talks with Mirjana Spoljaric Egger, President of the International Committee of the Red Cross (ICRC).

Starting in the fourth quarter this year, foreign investors arriving in Thailand can convert digital assets such as cryptocurrencies into baht to cover their travel expenses and spending in the country.

Some pundits see warning signs for Thai economic prospects following the Constitutional Court’s ruling that dismissed Prime Minister Paetongtarn Shinawatra from office for violating ethical standards in a leaked call with former Cambodian leader Hun Sen about a border dispute.