The Bank of Thailand (BoT) yesterday decided to keep its policy interest rate, which has come into effect since early April last year, unchanged at 1.25 percent.
The central bank’s Monetary Policy Committee (MPC) during its meeting yesterday still saw several risk factors which could hamper the continuation of global economic recovery despite the country’s economy has improved satisfactorily since the last quarter of last year.
Paiboon Kittisrikangwan, the central bank’s assistant governor, on behalf of the MPC’s secretary, said although the global economic outlook has improved and some countries have begun …

The newly formed New Politics Party (NPSP) yesterday picked Sondhi Limthongkul, a core leader of the People’s Alliance for Democracy (PAD), as its first leader during the general meeting in Bangkok.

Media mogul Sondhi, the founder of Manager Media Group, received a total of 1,741 votes in the non-contested election to lead the NPSP which has been formed in early June this year by PAD leaders and members.
According to the party’s bylaws, Sondhi later hand-picked Somsak Kosaisuk as his deputy, Suriyasai Katasila as the party’s secretary-general and ten other persons, including …