SET index opens up 4.25 pts 0.26 pct

The Nation - Tuesday 21st May, 2013

Thai composite stocks index (SET) opened on Tuesday at 1,647.65, up 4.25 points, or 0.26 per cent in line with most regional shares following lackluster lead on Wall Street overnight. Blue chip SET-50 index was at 1,094.34, up 2.07 points, or 0.19 per cent. Top five active (value) stocks: INTUCH, TRUE, SIRI, PTTGC, MLINK. The ...

Crackdown nets 800 suspects in Mekong region drugs smuggling

The Nation - Tuesday 21st May, 2013

Police from four nations have so far detained more than 800 suspects and shut down several drug rings in a crackdown on gangs operating along the Mekong River, Chinese state media said Tuesday. The month-long operation by police from China, Thailand, Myanmar and Laos led to the arrest of 812 suspects from the four nations and Vietnam, Xinhua news agency quoted Chinese police as saying. Police ...

Phuket alcohol ban for Visakha Bucha on Friday

Phuket Gazette - Tuesday 21st May, 2013

Patong Police Deputy Superintendent Lt Col Akanit Danpitaksat says venues may remain open, but warns the sale of alcohol after midnight on Thursday may bring stern penalties. Photo: Gazette ...

Thai stocks nearly flat laggard energy shares outperform

Reuters - Tuesday 21st May, 2013

BANGKOK, May 21 (Reuters) - Thailand's main SET index was nearly unchanged at 1,643.87, a near 19-1/2 year high, at 0440 GMT amid selling in recent gainers such as telecoms and banks, but strong oil prices lured buyers to laggard energy shares. Selective buying in large-cap energy stocks such as PTT Pcl and PTT Global Chemical Pcl would help underpin market sentiment, analyst Kasamapon ...

Laos Thailand agree on future cooperation

Asia News Network - Monday 20th May, 2013

Laos and Thailand have agreed to boost their cooperation in various sectors with several agreements signed during their second Joint Cabinet Retreat (JCR) in Chiang Mai on Sunday.The three memorandums of understanding signed during the meeting were on unofficial results of the 2nd JCR, agricultural cooperation, and on ownership, management and maintenance of the 4th Lao-Thai Friendship Bridge ...

Wall St ends lower

The Nation - Monday 20th May, 2013

U.S. stocks closed slightly lower overnight amid ongoing concerns that Federal Reserve may taper its bond-purchase program. Dow Jones Industrial Average slid 19.12 points to 15,335.28 after briefly reaching new all-time high of 15,391.84. S&P 500 fell 1.18 points to 1,666.29. Among key S&P sectors, energy and financials gained, while consumer staples fell. Nasdaq composite dropped ...

Obama praises Thein Sein for Myanmars progress

The Nation - Monday 20th May, 2013

Washington - US President Barack Obama praised Myanmar President Thein Sein on Monday for leading his country in a "new direction" as the leaders met for the first visit to the White House by a leader of the Asian nation in decades. Obama noted a shift in relations between the countries due to political and economic reforms in Myanmar and the resulting lifting of many US sanctions. ...

Thailand appeals to prevent future water crisis

China.org.cn - Monday 20th May, 2013

In a key-note speech delivered to the Second Asia-Pacific Water Summit in Thailand's northern city Chiang Mai on Monday, Yingluck urged the government leaders in the Asian-Pacific region to join hands and prevent water crises which might otherwise recur and wreak havoc to the Asians who currently account for 60 percent of the world ...

Leading Thailand hotelier receives prestigious Skal award

eTN - Monday 20th May, 2013

One of Thailand's most knowledgeable and experienced hoteliers, Eric Hallin, has been presented with the Malai Sakolviphak Award by the President of Skal International Bangkok. The award is presented annually in memory of Malai Sakolviphak, a well-known and highly respected tourism industry figure in Thailand. He passed away in 2011 after many years of distinguished service to Skal - the ...

Protests in Thailand in Parallel to Second Water Summit

Prensa Latina - Monday 20th May, 2013

Bangkok, Ma 20 (Prensa Latina) Groups of protesters today demanded in a parallel forum to the Water Summit responses to problems, such as droughts, floods, and waste materials, a topic that concerns all the world population. Protesters carrying banners demand measures to guarantee the preservation of the human race, and hold that some politicians fail to look into the social and environmental ...

Thai cultural extravaganza in Bahrain from May 23.

Bahrain News Agency - Monday 20th May, 2013

Manama, May 20 (BNA) -- The Royal Thai Embassy, Manama and Bahrain's Ministry of Culture are organizing the Thai cultural festival at the Cultural hall of the National Museum from May 23 to 25. The three day festival will commemorate the first anniversary of the cultural cooperation signed between the two countries. The event will feature two activities - a demonstration of Thai ...

Thai economy contracts in Q1

Global Times - Monday 20th May, 2013

Thailand's economy shrank 2.2 percent in the three months to March from the previous quarter - the first contraction in more than a year - as manufacturing output fell, official data showed Monday.The decline followed a blistering yearlong recovery from devastating floods in late 2011 that hit major factories north of the capital Bangkok and caused a double-digit drop in GDP.On a ...

Phuket Police scour Patong for motorbike ransom gang

Phuket Gazette - Monday 20th May, 2013

The Family Mart (right) on the beach road in Kalim, north of Patong, was the intended rendezvous point for the exhange for the motorbike. Photo: Google ...

Auto sales up 25 in April

The Nation - Monday 20th May, 2013

A number of 109,673 vehicles were sold in April, boosting the four-month sale figures to 522,929 units. According to data compiled by Toyota Motor Thailand, the monthly sale figure showed a 24.9 per cent increase. The four-month figure showed a 42.4 per cent increase on ...