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TDRI director worried over new finance minister
A director at the economic think tank Thailand Development Research Institute (TDRI) expressed concern on Wednesday about the likelihood of People Power Party secretary-general Surapong Suebwonglee becoming the finance minister.
Somchai Jitsuchon
Somchai Jitsuchon, TDRI's research director for Macroeconomic Development and Income Distribution, said Surapong had no background in financial or economic matters.
"The Thai economy is now in a difficult period and we need a finance minister who is able to make decisions and map out plans both defensively and offensively," he said.
The senior researcher said the new government's first task of reviving the economy was to encourage large investment projects.
Surin Upatkoon, the main shareholder in the controversial Kularb Kaew Co, was yesterday charged with a criminal offence for alleged illegal representation of a foreign company under the Foreign Business Act 1999.