Thai party obeys King’s order against his sister’s PM bid

The Thai Raksa Chart Party will obey a command from King Maha Vajiralongkorn blocking the candidacy of Princess Ubolratana Rajakanya Sirivadhana Barnavadi for prime minister, it said in a statement issued on February 9.
Thai party obeys King’s order against his sister’s PM bid ảnh 1Thai Princess Ubolratana (Photo: Twitter)

Bangkok (VNA) – The Thai Raksa Chart Party will obey a commandfrom King Maha Vajiralongkorn blocking the candidacy of Princess UbolratanaRajakanya Sirivadhana Barnavadi for prime minister, it said in a statementissued on February 9.

This is a dramatic reversal of the party, one day after nominating Ubolratanafor the position.

“ThaiRaksa Chart party complies with the royal command with loyalty to the king andall members of the royal family”, it said in a message to reporters.

Earlier, the princess accepted the nomination to run for prime minister in theMarch 24 general election under the ticket of the Thai Raksa Chart Party, whosemembers are relatives of former Thai Prime Minister Thaksin Shinawatra.However, King Maha Vajiralongkorn voiced his disapproval, saying the nominationis improper and unconstitutional.

Meanwhile, in an Instagram post on February 8, Princess Ubolratana affirmedthat she had relinquished all her royal titles and that she now lives as acommoner.

She said she wants to exercise her rights as an ordinary citizen by offeringher candidacy for prime minister.-VNA
VNA

See more

Street food restaurants on Banthat Thong Road in Bangkok. (Photo: bangkokpost.com)

Thailand offers new incentives to support SMEs

One key measure to support Thai entrepreneurs is an increase in the corporate income tax (CIT) benefits granted to BOI-promoted SMEs, which will now receive a five-year CIT exemption equal to as much as 100% of their investment in enhancing their capabilities and improvements, up from the previous three-year CIT exemption capped at 50% of investment.

Participants pose for a group photo at the special film screening commemorating the 135th birth anniversary of President Ho Chi Minh on May 19 in Greece. (Photo: VNA)

Film screening in Greece honours President Ho Chi Minh

Together with the recent release of a Greek-language biography of President Ho Chi Minh, the film screening honours the genius leader of Vietnam’s revolution, a national liberation hero, a world cultural icon, and a close friend of all peoples who have fought for peace, national independence, democracy, and social progress across the globe.

A screenshot of the article on President Ho Chi Minh run by Argentina’s Movimiento Cultural Acercandonos.

President Ho Chi Minh – Eternal light of patriotism: Prensa Latina

The piece dedicated significant space to analysing Ho Chi Minh’s military thinking, underscoring core principles such as “relying on the people” and “people’s war,” while also delving into his diplomatic acumen that contributed to Vietnam’s historic victories.

Malaysian Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz (Photo: VNA)

ASEAN seeks to expand RCEP, CPTPP membership

ASEAN is seeking to expand its membership in two key trade agreements - the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). To date, only four ASEAN countries are members of the CPTPP, namely, Brunei, Malaysia, Singapore, and Vietnam.

NESDC Secretary – General Danucha Pichayanan (Photo: The Nation)

Thailand slashes growth forecast amidst US tariffs

The Thai economy grew by 3.1% in Quarter 1, slightly down from 3.3% in Quarter 4 last year. Against the backdrop, the National Economic and Social Development Council reduced its annual growth projection to between 1.3-2.3%, down from the previous forecast of 2.3-3.3%.