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Don’t be used. Don’t let yourself be manipulated by fake news especially within your own country.

As Former PM Srettha Thavisin urged Thais to be cautious with unverified news and avoid spreading hate, especially amid false reports about Thai-Cambodian.

Link: https://www.khaosod.co.th/politics/news_9878121

To my Thai friends,
and as following:

It’s time to seriously ask yourselves: have you truly thought about what’s been happening since the Thai election on May 14, 2023?

Why do your politicians keep blaming each other, digging for faults, and clinging to power—while the people suffer?

Since 2023, Thailand’s leadership has changed again and again: Pita Limjaroenrat was blocked from becoming Prime Minister, then came Srettha Thavisin, followed by Paetongtarn Shinawatra, and now Phumtham Wechayachai serves as acting Prime Minister. What does this constant power struggle tell you?

And when their political games fall apart, what do they do?
They point fingers at Cambodia—blaming us for border problems, call center scams, and now a deadly military clash, where a Cambodian soldier was killed.

But they’re not stopping there. Now they are spreading lies, fueling hatred, and turning our two nations against each other—destroying the trust and friendship between our people, who once lived as neighbors, students, teachers, and partners.

You must ask yourself—is this really about national security? Or is it just about keeping power?

Don’t be used. Don’t let yourself be manipulated by fear or fake news.

Read carefully. Think critically. And above all, ask who really benefits from this conflict.

China Dominates Global Manufacturing, Holding Nearly One-Third of Value

According to the latest data from the United Nations, China remains the undisputed leader in global manufacturing, contributing a massive 29% of the world’s total manufacturing value—far ahead of the second-ranked United States at 17%.

While China’s dominance is well known, the 12-point gap between the world’s two largest economies is a stark reminder of how central Chinese industry has become to global supply chains, from electronics and textiles to machinery and green tech.

Behind the two giants, Japan and Germany share third place, each with 5%, reflecting their continued relevance in precision engineering and automotive sectors. South Korea and India follow closely, each contributing 3%, signaling the rising manufacturing ambitions of Asia’s economic powerhouses.

Countries like Mexico, Italy, France, and Brazil round out the top 10 with 2% each, reflecting the global distribution of specialized and regional manufacturing hubs.

The chart clearly shows that despite growing talk of “decoupling” or “reshoring,” China’s manufacturing grip is not only intact—it’s thriving. In an increasingly digital and electrified world, whoever builds the future still holds the power—and right now, that builder wears the label: Made in China.

Don't quit!
Just Do it consistently!

Price War on Card Payments in Cambodia

A price war is underway in Cambodia's card payment market, where acquiring banks are offering MDRs (Merchant Discount Rates) equal or below the actual costs charged by card schemes like Visa and Mastercard.

Key Points:

- MDRs are now often equal or below cost, meaning banks absorb losses to gain market share.
- The strategy aims to attract more merchants, especially SMEs, and boost transaction volume.
- Long-term sustainability is questionable, as continued losses may strain profitability.
- This trend may lead to distorted pricing expectations in the market and pressure for regulatory intervention.

This price competition reflects the aggressive push toward digital adoption but may carry hidden risks for both banks and the broader payment ecosystem.

📉 Is a U.S. Recession Coming?
The U.S. economy shrank 0.3% in Q1 2025, hurt by tariffs and falling consumer confidence. Some experts like Apollo’s Torsten Sløk see a 90% recession risk, while others forecast slow growth without a downturn. Uncertainty remains high as new data and policies roll out.

🔗 Sources: &P Global