Thailand's government on Saturday praised "significant progress" in talks with the main insurgent group in the predominantly Muslim deep south, after the sides agreed to stop violence during Ramadan.
A Thai government delegation and representatives of the main rebel group, the Barisan Revolusi Nasional (BRN), met face-to-face in Malaysia this week for another round of talks after peace dialogue resumed in January following a two-year pause because of the Covid-19 pandemic.
More than 7,300 people have been killed in insurgency-related violence since 2004, when a decades-old rebellion flared up in the provinces of Narathiwat, Yala, Pattani and parts of Songkhla, a Malay-speaking Muslim area in majority-Buddhist Thailand.
The BRN said the two sides agreed to stop violence during Ramadan to "create a safe and prosperous atmosphere" for the community as a process of "confidence-building" to "establish meaningful peace".
A Thai government statement said the creation of an "environment conducive to peace" during Ramadan would allow people to "safely perform their religious practices" and boost public confidence in the peace dialogue.
Both sides have also agreed to established joint working groups in three areas — the reduction of violence, public consultations and a political solution, the Thai government said.
Shadowy rebel groups have called for independence for the southern provinces, which were part of a sultanate called Pattani and annexed by Thailand in 1909 as part of a treaty with Britain.
Separatists say Malay Muslims were forcibly assimilated by Thailand and accuse Thai security forces of atrocities. The Thai government has defended its operations in the area.
Talks between the government and rebel groups started in 2013 but have been disrupted frequently. Formal peace talks arranged by Malaysia began in early 2020 but were interrupted by the pandemic.
Try out the test yourself
Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer
Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer
Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer
The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania.
Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).
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