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The Thai slang for a condom is a Mechai, in honour of social campaigner Mechai Viravaidya, a charismatic figure who was called in by the central bank last year to rescue Thailand’s largest bank, the ailing Krung Thai Bank. Critics said he had no experience of banking, only of managing not-for-profit organisations – but then with a half-year loss of Bt23 billion ($620 million) this year, Krung Thai Bank arguably falls into the latter category anyway.

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