Thailand names former transport minister Arkom Termpittayapaisith as new finance chief

The Thai King has confirmed Arkom Termpittayapaisith as the country's new finance minister. Mr Termpittayapaisith had previously served as transport minister under Prime Minister Prayut Chan-o-cha's military government. He is taking over the finance portfolio amid rumours of politicking within the department and the challenges posed by an economy still reeling from the COVID-19 pandemic.