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The Government of Thailand, officially the Royal Thai Government (RTG; Thai: รัฐบาลไทย, RTGS: Ratthaban Thai, pronounced [rát.tʰā.bāːn tʰāj]), is the unitary government of the Kingdom of Thailand. The country emerged as a modern nation state after the foundation of the Chakri dynasty and the city of Bangkok in 1782. [2]
Kasikorn bank Rat Burana Office. In Thailand, the banks are governed by the Bank of Thailand, which was established in 1942. Across Thailand, there are thirty licensed banks which are registered with a further six being state-owned. In total they have a combined assets of 26.268 trillion baht (~ US$835.25 Billion) as of June 2019. [1]
The state agencies (Thai: หน่วยงานของรัฐ) that form Thailand's public sector consist of several types of functioning bodies. While some agencies established by mandate of the constitution are independent, others are directly or indirectly answerable to the executive of the Royal Thai Government.
Nearly all state enterprises delivered higher profits in 2017. The State Enterprise Policy Office (SEPO) reported that the top five state enterprises by contributions to Thai government coffers in 2017 were the Government Lottery Office (GLO) at 30.9 billion baht, PTT Public Company Limited (PTT) at 26.3 billion, the Electricity Generating Authority of Thailand (EGAT) at 21.7 billion ...
The politician daughter of Thailand's influential former premier Thaksin Shinawatra on Friday said the central bank's independence was an "obstacle" in resolving economic problems, the latest ...
There is a central government agency called Office of the Prime Minister (Thai: สำนักนายกรัฐมนตรี; RTGS: samnak nayok rattha montri). It is led by the prime minister (Thai: นายกรัฐมนตรี; RTGS: nayok rattha montri) and bears ministerial status. [5]
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The foreign relations of Thailand are handled by the Ministry of Foreign Affairs of Thailand.. Thailand participates fully in international and regional organizations. It has developed close ties with other ASEAN members—Indonesia, Malaysia, the Philippines, Singapore, Brunei, Laos,and Vietnam—whose foreign and economic ministers hold annual meetings.