MNI China Daily Summary: Wednesday, June 19

MNI BRIEF: Rate Changes Affect Eurozone More Than US Firms-ECB

MNI BRIEF: BOJ May Real Export Index Drops 1.4% M/M

MNI BRIEF: PBOC, MOF To Promote Treasury Trades Progressively

MNI: PBOC Net Injects CNY276 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY278 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: EUROZONE APR CONSTRUCTION OUTPUT -0.2% M/M, -1.1% Y/Y

Volatile LFS Unemployment Rate Below Consensus In May

7-2 vote increasingly likely; more clarity only likely post-election

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Cabinet Reshuffle May Be On Cards

THAILAND

A Cabinet reshuffle may be on the cards, with some members of the ruling Palang Pracharath Party (PPRP) are lobbying for their leader to take the helm of the Ministry of Interior, the Bangkok Post reports.

  • The push for a Cabinet rejig comes from the need to fill some vacant ministerial seats. The Democrat Party is in talks with the Prime Minister after Niphon Bunyamanee resigned as Deputy Interior Minister, while the PPRP needs to allocate the portfolios of Deputy Agriculture Minister and Deputy Labour Minister, formerly held by Thamanat Prompow and Narumon Pinyosinwat. The Bhumjaithai Party has to fill the seat of Deputy Education Minister.
  • The PPRP reportedly sees these circumstances as an opportunity to replace unpopular Interior Minister Anupong Paojinda with its leader, although a Bangkok Post source said Prime Minister Prayuth is resisting those calls. The ministry's control over administrative resources may prove useful in the upcoming general election.
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