Thai leader shows support for central bank chief

At a press conference on Friday 14 August, the Thai prime minister, Thaksin Shinawatra, quashed speculation that he would replace the governor of the Bank of Thailand over problems in the banking sector.

Rumours had been circulating that the governor would be made to go over his failure to deal with non-performing loans in the state-run bank KTB. Instead, the prime minister praised the governor, M.R. Pridiyathorn Devakula, and claimed that the central bank has the problem of KTB under contro