Thai investors worry about divide on interest rates

Differing views: Srettha at an Asean event in December. The prime minister is seeking to invigorate Thailand’s weak economic outlook. — AFP

Thailand’s prime minister is mounting the biggest pressure campaign for lower interest rates in a decade, escalating a policy clash with the central bank that risks hurting investor sentiment toward one of Asia’s worst-performing markets.

Over the past week, Prime Minister Srettha Thavisin has bemoaned the country’s high borrowing costs on social media and called on the central bank to consider rate cuts.