The IMF has urged the Thai government to spend more and suggested the Bank of Thailand should further ease its monetary policy amid an economic slowdown while the Finance Ministry is calling for the central bank to cut rate again.

THAI UNION GROUP, the world's largest canned-tuna producer, yesterday scrapped a US$1.5-billion (Bt54 billion) attempt to acquire its US rival Bumble Bee Seafoods, after US authorities said consumers would be better off without the proposed transaction.