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Chatumongol Sonakul
Mom Ratchawongse Chatumongol Sonakul ( th, จัตุมงคล โสณกุล) is Thailand's former Labour Minister and a former permanent secretary of the Ministry of Finance (Thailand), Ministry of Finance of Thailand, and Governor of the Bank of Thailand. Life and career Chatumongkol is a descendant of Thailand's royal family (great-grandson of King Rama IV) and belongs to the noble house of Sonakul. He was educated at Harrow School and is an honors graduate of Cambridge University in England for engineering and economics and Harvard University in John F. Kennedy School of Government. He rose up through the civil service through the Ministry of Finance (Thailand), Finance Ministry, initially serving as Director-General of the Tax Department. Later he rose to be the ministry's deputy permanent secretary. He was the permanent secretary (the most senior civil servant) in the Ministry of Finance from 1 October 1995 to 28 July 1997. This was during the flotation of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mom Rajawongse
The precedence of Thai royalty follows a system of ranks known as ''thanandon'' ( th, ฐานันดร), which are accompanied by royal titles. The Sovereign There are two styles which can be used for a king in ordinary speech, depending on whether he has been crowned: *Crowned kings: ''Phra Bat Somdet Phra Chao Yu Hua'' ( th, พระบาทสมเด็จพระ เจ้า; en, His Majesty the King) is the style used in ordinary speech when referring to the kings of Thailand after their coronation. This style may be used in two ways: **Preceding the name of the king; e.g., ''Phra Bat Somdet Phra Chao Yu Hua Phumiphon Adunyadet'' ( th, พระบาทสมเด็จพระเจ้าอยู่หัวภูมิพลอดุลยเดช; His Majesty King Bhumibol Adulyadej). **More formally it can be split across the name, possibly with the omission (or modification) of the words ''"Phra Chao Yu Hua"''; e.g., ''Phra Bat Somdet Phra Paramintara Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rama IV
Mongkut ( th, มงกุฏ; 18 October 18041 October 1868) was the fourth monarch of Siam (Thailand) under the House of Chakri, titled Rama IV. He ruled from 1851 to 1868. His full title in Thai was ''Phra Bat Somdet Phra Menthora Ramathibodi Sri Sinthara Mahamakut Phra Mongkut Phra Siam Deva Mahamakut Wittaya Maharaj'' (พระบาทสมเด็จพระปรเมนทรรามาธิบดีศรีสินทรมหามงกุฎ พระจอมเกล้าเจ้าอยู่หัว พระสยามเทวมหามกุฏวิทยมหาราช). Outside Thailand, Mongkut is best known as the king in the 1951 musical and 1956 film ''The King and I'', based on the 1946 film '' Anna and the King of Siam''in turn based on a 1944 novel by an American author about Anna Leonowens' years at his court, from 1862 to 1867, drawn from Leonowens’ memoir. Siam first felt the pressure of Western expansionism during Mongkut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Member Of Parliament
A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members often have a different title. The terms congressman/congresswoman or deputy are equivalent terms used in other jurisdictions. The term parliamentarian is also sometimes used for members of parliament, but this may also be used to refer to unelected government officials with specific roles in a parliament and other expert advisers on parliamentary procedure such as the Senate Parliamentarian in the United States. The term is also used to the characteristic of performing the duties of a member of a legislature, for example: "The two party leaders often disagreed on issues, but both were excellent parliamentarians and cooperated to get many good things done." Members of parliament typically form parliamentary groups, sometimes called caucuse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King Bhumibol
Bhumibol Adulyadej ( th, ภูมิพลอดุลยเดช; ; ; (Sanskrit: ''bhūmi·bala atulya·teja'' - "might of the land, unparalleled brilliance"); 5 December 192713 October 2016), conferred with the title King Bhumibol the Great in 1987 (officially conferred by King Vajiralongkorn in 2019), was the ninth monarch of Thailand from the Chakri dynasty, titled Rama IX. Reigning since 9 June 1946, he was the world's longest-reigning current head of state from the death of Emperor Hirohito of Japan in 1989 until his own death in 2016, and is the third-longest verified reigning sovereign monarch in world history after King Louis XIV and Queen Elizabeth II, reigning for 70 years and 126 days. During his reign, he was served by a total of 30 prime ministers beginning with Pridi Banomyong and ending with Prayut Chan-o-cha. ''Forbes'' estimated Bhumibol's fortune – including property and investments managed by the Crown Property Bureau, a body that is neither private nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surayud Chulanont
Surayud Chulanont ( th, สุรยุทธ์ จุลานนท์, , ; born 28 August 1943) is a Thai politician. He was the Prime Minister of Thailand and head of Thailand's interim government between 2006 and 2008. He is a former supreme commander of the Royal Thai Army and is currently Privy Councilor to King Vajiralongkorn. Surayud came from a military family, but his father defected from the Royal Thai Army to the Communist Party of Thailand when Surayud was a boy. Surayud joined the Thai Army and rose to power as an aide to General Prem Tinsulanonda. He commanded troops during Bloody May, the violent 1992 crackdown on anti-government protesters, but he denied giving his men the order to shoot protesters. He was promoted to army commander during the government of Chuan Leekpai and was promoted to supreme commander in 2003, under the government of Thaksin Shinawatra. Upon his retirement from the army, he was appointed by King Bhumibol Adulyadej to the Privy Council ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thaksin Shinawatra
Thaksin Shinawatra ( th, ทักษิณ ชินวัตร; ; ; Chinese: 丘達新; cnr, Taksin Šinavatra; born 26 July 1949), is a Thai businessman, politician and visiting professor. He served in the Thai Police from 1973 to 1987, and was the Prime Minister of Thailand from 2001 to 2006. Thaksin founded the mobile phone operator Advanced Info Service and the IT and telecommunications conglomerate Shin Corporation in 1987, ultimately making him one of the richest people in Thailand. He founded the Thai Rak Thai Party (TRT) in 1998 and, after a landslide electoral victory, became prime minister in 2001. He was the first democratically elected prime minister of Thailand to serve a full term and was re-elected in 2005 by an overwhelming majority. Thaksin declared a "war on drugs" in which more than 2,500 people were killed. Thaksin's government launched programs to reduce poverty, expand infrastructure, promote small and medium-sized enterprises, and extend universal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thai Rak Thai
The Thai Rak Thai Party (TRT; th, พรรคไทยรักไทย, , ; "Thais Love Thais Party") was a Thai political party founded in 1998. From 2001 to 2006, it was the ruling party under its founder, Prime Minister Thaksin Shinawatra. During its brief existence, Thai Rak Thai won the three general elections it contested. Eight months after a military coup forced Thaksin to remain in exile, the party was dissolved on 30 May 2007 by the Constitutional Tribunal for violation of electoral laws, with 111 former party members banned from participating in politics for five years. Party platform and electoral outcomes Thai Rak Thai was registered on 15 July 1998, by telecommunications entrepreneur Thaksin Shinawatra and 22 other founding members, including Somkid Jatusripitak, Thanong Bidaya, Sudarat Keyuraphan, Purachai Piumsombun, Thammarak Isaragura na Ayuthaya, and Prommin Lertsuridej. The Thai Rak Thai party had a populist platform, appealing to indebted farmers, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chavalit Yongchaiyudh
Chavalit Yongchaiyudh ( th, ชวลิต ยงใจยุทธ, , ; born 15 May 1932), also known as "Big Jiew" (, , ), is a Thai politician and retired army officer. From 1986 to 1990 he was the Commander-in-chief of the Royal Thai Army (RTA), and Supreme Commander of the Royal Thai Armed Forces from 1987 to 1990. In 1990 he founded the New Aspiration Party which he led until 2002. He was Thailand's 22nd Prime Minister from 1996 to 1997. At various times he has held the positions of Deputy Prime Minister, Minister of Defence, Minister of the Interior, Minister of Labour and Leader of the Opposition. Education and military career Chavalit is of Sino-Thai and Lao descent. His father was an infantry captain. Chavalit attended Triam Udom Suksa School and graduated from Armed Forces Academies Preparatory School Class 1, same class as Surayud Chulanont, and Chulachomklao Royal Military Academy, being appointed second lieutenant in 1953. He served in the RTA Signal Corps an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Devaluation
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a ''revaluation''. A monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. However, under a floating exchange rate system (in which exchange rates are determined by market forces acting on the foreign exchange market, and not by government or central bank policy actions), a decrease in a currency's value relative to other major curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baht
The baht (; th, บาท, ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. Society for Worldwide Interbank Financial Telecommunication, SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019. History The Thai baht, like the Pound (currency), pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai Kingdom, Sukhothai period in the form of bullet coins known in Thai as ''phot duang''. These were pieces of solid silver cast to various weights corresponding to a Thai units of measurement, traditional system of units related by simple fractions and multiples, one of which is the ''baht (unit), baht''. These are listed in the follo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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