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Farmers to protest against drop in guaranteed price
Farmers' groups in 10 provinces are preparing to hold rallies to voice their opposition against the government's decision to cut the minimum price of rice under its rice-pledging scheme to Bt12,000 per tonne. Thai Farmers' Association chairman Prasit Bunchoey told the press Thursday that a date would soon be chosen on when farmers will hold a peaceful gathering outside the city ...
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Thailand “Flood Control Asia 2013″ Approaches
Thailand would be hosting Flood Control Asia 2013, Asia's first Flood Control and Protection Technology Exhibition on 29 - 31 October 2013 at BITEC, ...
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Gold price hits 3-year low
Gold fell to its lowest price in three years after US Federal Reserve chairman Ben Bernanke said stimulus measures might be reduced this year as the US economy recovers. Market expectations are for the price to fall below US$1,300 an ounce this month, while the local gold price declined slightly, eased by appreciation of the baht. The ...
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Revised plan calls for 20 per cent power reserve
To ensure stability in the supply of power for Thailand and its growing economy in the future, Energy Minister Pongsak Ruktapongpisal has instructed relevant state agencies to set aside 20 per cent of the electricity supply, up from 15 per cent previously, as reserve. This clause in the third revision of the Power Development Plan (PDP) is meant to minimise the impact of any disruption of power ...
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Insurgent leader killed by police in shootout
Yala -- A suspected insurgent leader wanted by the authorities was killed in a shootout with police Thursday. Pattani resident Madari Tayeh, 42, was found shot dead in a house in Yala's Raman district late in the morning, according to police. He and four other men had been involved in a gunfight with police acting on an arrest warrant. An AK47 assault rifle and an 11mm pistol were found ...
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Theft was motive in Akeyuth slaying police conclude
Police investigators insisted Thursday that theft was the motive for the murder of businessman and government opponent Akeyuth Anchanbutr. Pol MajGeneral Parinya Chansuriya, deputy Metropolitan Police commissioner, said investigators have ruled out other motives. Investigators were now in the process of concluding the case, after compiling strong evidence, Parinya said, adding that the case ...
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SET index ends up 10.28 pts 0.72 pct
Thai composite stocks index (SET) closed on Wednesday at 1,437.70, up 10.28 points, or 0.72 per cent amid Bt48.92 billion turnover in line with most regional shares. Blue chip SET-50 index was at 960.32, up 9.79 points, or 1.03 per cent. Top five active (value) stocks: ADVANC, INTUCH, CPALL, KBANK, JAS. The ...
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Alleged international fraudster caught at Phuket airport
PHUKET: Bangkok Immigration Officers at Phuket International Airport on Tuesday detained a 55-year-old Chinese national who is believed to be behind a multi-million-baht international fraud.Liu Benyue was taken into custody at the airport by Bangkok Immigration and Chinese ...
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Helmetless Phuket motorbike driver dies from head trauma
PHUKET: A helmetless motorbike driver from Phuket Town died last night after losing control of his motorbike and hitting a utility pole in Thalang.Police rushed to the scene to find the body of Kongkait Ngamtong, 26, in a ditch in front of the Muang Thalang School on the northbound side of Thepkrasattri Road, said Thalang Police Officer Narong ...
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Decision on Sudarat deferred
The National Anti-Corruption Commission has postponed its decision on alleged corruption allegations against former public health minister Sudarat Keyuraphan to Tuesday. NACC commissioner and spokesman Klanarong Chanthik said the decision was delayed because Sudarat had submitted new evidence. She was held responsible for alleged irregularities in the procurement of computers worth Bt821 ...
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BOI privilege applications up 70 in first five months
The value of new applications for Board of Investment privileges jumped 70 per cent to Bt564.8 billion in the first five months of this year. The number of applications rose by 18 per cent to 919 over the same period last year, Udom Wongwiwatchai, secretary-general of the BOI, said Thursday. Applications for service and public utilities soared 224 per cent to Bt260.10 billion. They comprised 15 ...
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Gone fishing Man snags Siamese crocodile at Phuket pond
PHUKET: An elevator technician who went night fishing in central Phuket on Tuesday thought he had caught a monitor lizard.But when he got to his house, he discovered he had manhandled a meter-long Siamese crocodile and brought it home on his motorbike.Charee Pattangtanang, 31, went fishing with a friend, Wanchai Hansopa, at their usual ...
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Yingluck to appeal against Thawils reinstatement court order
Prime Minister Yingluck Shinawatra has decided to appeal to the Supreme Administrative Court over the Central Administrative Court's order to reinstate Thawil Pliensri as chief of the National Security Council, Tongthong Chandransu, Permanent Secretary, Prime Minister's Office said Thursday. Yingluck said the government's legal advisory committee headed by PM's ...
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In Search of a Solution in Thailand’s Deep South
Malaysia-mediated negotiations between the Thai Government and BRN began, there are calls by opposition leader Abhisit Vejjajiva to suspend negotiations with the BRN until the level of violence is reduced. There are also risks that the military may go on the offensive again and conduct pre-emptive raids on suspected 'terrorist' hideouts. These apparently stalled negotiations could be ...
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Vietnamese tourists in Thailand abandoned
The vietnamese visitors of Travel Life were abandoned at the conference center after two days because the Thai partner - Thai 2020 Company - refused to continue serving them. According to the representative office of the Tourism Authority of Thailand in Ho Chi Minh City, from July 12 to 18, Herbalife Vietnam organized a seminar tour in Thailand for 3,000 Vietnamese. As the number of visitors ...
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Cambodia anti-trafficking efforts criticised in US report
Phnom Penh - The US Department of State downgraded Cambodiain its annual report on human trafficking Wednesday, and said Phnom Penh's reported efforts to combat trafficking had slowed from the previous year. Corruption among law enforcement officials and a lack of adequate protection for women, men, and children who were trafficked for sex or forced labour contributed to a "climate of ...
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Rights group urges Vietnam to release bloggers
Hanoi - The Vietnamese government should release three bloggers arrested over the last few weeks and stop physical attacks on critics, Human Rights Watch said Thursday. In the last month bloggers Truong Duy Nhat, Pham Viet Dao, and Dinh Nhat Uy were arrested on charges of "abusing democratic freedoms." Other activists have been assaulted by police, the group said, including blogger ...
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Royal Bangkok in St. Paul serves good food at great prices REALLY...
At Royal Bangkok, all this food costs only $3.99 at lunch on weekdays. (Pioneer Press: Jess Fleming) Royal Bangkok is hidden in the back of a building full of mostly empty storefronts in a mall of sorts on St. Paul's University Avenue. It looks closed, but numerous signs assured us that it was "Open for Business!" and "Now Open!" We pressed on, and we were glad we ...
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Chinese killed by speedboat at popular Phuket day-trip destination
PHUKET: A Chinese tourist bled to death after being severely cut by a speedboat propeller at Phi Phi Island yesterday afternoon.Chen Peng, 37, jumped from the boat when the engine was still on and the propeller moving, the ...
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STOCKS NEWS THAILAND-Nok Air jumps 12 pct on debut
Thu Jun 20, 2013 12:43am EDT Shares in budget carrier Nok Airlines Pcl jumped 12 percent to 29 baht versus its IPO price of 26 baht on its market debut, outperforming other airline shares, thanks to its attractive valuation and growth prospect. Nok Airlines raised 4.9 billion baht ($159 million) in an initial public offering last week to fund its fleet expansion. Market players appeared ...
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Opposition to impeach Thai govt over water project
Thai opposition Democrat Party will file a petition to remove the Cabinet on suspicion that the government colluded with four large companies in the bidding for the 350-billion-baht (US$11.34 billion) water-management scheme. Democrat Bangkok MP Atthavit Suwannapakdee, also a shadow Cabinet spokesman, said his Cabinet had decided to solicit 120 MP signatures to file impeachment proceedings ...
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Thailands first-car scheme has hit people also trying to buy cheaper homes
Up to 10 per cent of Thais who try to buy homes at prices up to 2 million baht (US$65,000) from Pruksa Real Estate Plc have suffered knockbacks for mortgages because of "substandard" credit scores after they bought a vehicle under the government's first-car scheme. Pruksa chief business officer Piya Prayong said the company had tried to help customers by suggesting they find ...
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Advice for Thai politicians
Politicians forget too quickly about the people who put them in power, as Pheu Thai and the government were rudely reminded last weekend. The by-election in Bangkok's Constituency 12, Don Muang district, last Sunday was not just another insignificant poll. It was widely followed and closely watched, not just by people in the constituency itself, but also by many observers around the ...
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STOCKS NEWS THAILAND-Thai stocks drop 3 pct after Fed hints at slowing bond buying
Thai stocks fell as much as 3 percent to their lowest in one week amid global share selloffs after the U.S. Federal Reserve signaled a slowing of the stimulus program by this year end. At 0327 GMT, the Thai benchmark SET index was down 2.5 percent at 1,401.88, in line with others in Southeast Asia. Indonesian shares slid 2.6 percent and Philippine shares plunged almost 3 percent. "We ...
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Wall St ends lower on Fed hints of stimulus curbing
Dow Jones Industrial Average dropped 206.04 points, or 1.35 per cent to close at 15,112.19 after Federal Reserve Chairman Ben Bernanke hinted that the central bank could curb its stimulus measure (bond purchases) later this year. S&P 500 fell 22.88 points, or 1.39 per cent to 1,6.28.93. All key S&P sectors finished firmly lower on telecom and utilities sectors. Nasdaq composite slipped ...
Thailand Focus
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Thailand's chances for the World Expo 2020
The World Expo 2020, if it were held in one of Thailand’s cities, would add around 1% to the national economy on its own. This is a huge amount of money and presents a significant impulsion for government authorities to secure the country’s bid, but the competition is strong and Thailand’s chances have been undermined.
The first World Exposition was held in London in 1851. At the time it was called “The Great Exhibition” and was intended to promote the industrial achievements of the various participating countries. The United Kingdom hosted the event because they, at the time, were of course the most industrialised nation in the world and the Crystal Palace they built to house the national pavilions was received as a wonder of engineering. Read more
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