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Fri, November 17, 2006 : Last updated 22:18 pm (Thai local time)
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Home > Opinion

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OVERDRIVE

Media hum along to Thaksin's ballet dance

As a deposed leader, Thaksin Shinawatra has no right, as yet, to set foot in his own motherland. Yet he still manages to keep the Thai people mesmerised.
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Hard times ahead for Thai banks?

Life has been good for Thai banks during the past few years notwithstanding rising interest rates and a flattening yield curve. Last year Thai banks chalked up Bt92 billion in net profits, their fourth consecutive year of record earnings- even though the central bank has nudged up its policy rate several times since August 2004.
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