ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Thailand's economic wizard throws in the towel

Former deputy PM Somkid falls victim to ruling-party infighting

Thailand's former Deputy Prime Minister Somkid Jatusripitak in Bangkok on June 14, 2017.   © Reuters

BANGKOK -- Thai Prime Minister Prayuth Chan-ocha, facing criticism against his draconian rule, replaced six economy-related ministers on Aug. 12 in a bid to jump-start the county's pandemic-battered economy.

The prime minister replaced members from the academic sector with former business executives. Newly appointed finance minister Predee Daochai is a former president of Kasikornbank and energy minister Supattanapong Punmeechaow was formerly chief of PTT Global Chemical, the largest petrochemical company in Thailand.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more