Latest Bangkok News
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Egat panel selects deputy governor Soonchai as next agency head
The board of the Electricity Generating Authority of Thailand has given its approval to Soonchai Kumnoonsate, currently deputy governor in charge of power-plant development, becoming the state agency's next governor. Kurujit Nakornthap, Energy Ministry deputy permanent secretary and chairman of ...
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Two Thai monks arrested in child sex scandal Police
BANGKOK (AFP) - Thai police said on Wednesday they had arrested two monks for procuring a 14-year-old boy to perform sexual acts with an abbot, in the latest scandal to shake the kingdom's Buddhist clergy. The pair, who deny any knowledge of the alleged abuse, could face up to 15 years in prison if convicted, Police Colonel Wirachon Bunthawi said from the northern city of Chiang Mai. ...
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Jet-setting Thai monk to return next week
Disciples of Luangpu Nen Kham Chattiko - who was identified as one of three monks seen aboard a private jet in a video clip that has drawn widespread criticism - said yesterday he would return next week from his trip abroad to resume his duties as abbot of Wat Pa Khantitham in Si Sa Ket's Kanthararom district. The 34-year-old was one of a trio of monks wearing earphones and sunglasses and ...
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UPDATE 1-Thai government cuts rice price exporters unimpressed
Wed Jun 19, 2013 4:23am EDT * High intervention price meant huge losses for state * Moody's had warned of the budgetary consequences * Exporters say the new price is still too high (Adds exporters' comment, market outlook) By Pracha Hariraksapitak and Kittipong Thaicharoen BANGKOK, June 19 (Reuters) - Thailand's government approved a 20 percent cut in the guaranteed price it pays ...
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Rice pledging price cut to B12000
The extraordinary meeting of the cabinet on Wednesday agreed to reduce the pledging price for second crop paddy in 2013 to 12,000 baht per tonne from 15,000 baht, as proposed by the National Rice Policy Committee, PM's Office Minister Varathep Rattanakorn said. The reduction in the pledging price will take effect from July 1, 2013. Each household is also limited at no more than 500,000 ...
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Akshay Kumar returns to Bangkok
Bangkok . In those days, he also worked as a waiter at a restaurant in the capital city of Thailand. But now, after achieving success in his film ...
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STOCKS NEWS THAILAND-Budget carrier Nok Air set for positive debut-brokers
Wed Jun 19, 2013 3:43am EDT Shares in low-cost airline Nok Airlines Pcl, a unit of national carrier Thai Airways International Pcl, are expected to rise on debut on the Thai main stock exchange on Thursday, due to the company's growth prospects and valuation appeal. "The pricing of 26 baht was not at the high end of the offer range. With a price-to-earnings valuation of around 11 times, ...
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Computer knowledge lacking in about half of EU citizens
Brussels - Half of all EU citizens have little or absolutely no computer skills, according to a recent annual report from the EU Commission on internet development within the European Union. Indeed, levels of familiarity with technology have scarcely tracked upwards in recent years. A third of respondents in the latest annual survey said they had never used the internet or never used a computer ...
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Democrat disagrees with rice-pledging price cut
The Democrat Party Wednesday expressed opposition to the government's plan to slash ricepledging price from Bt15,000 to Bt12,000. Democrat MP Atthawit Suwanphakdee, the spokesman of the Democrat shadow Cabinet, said the price slashing could contradict with the government's policy, which has been announced to Parliament. Atthawit said the Democrat legal team would study what action ...
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Asian companies more optimistic
Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, according to a Thomson Reuters survey. The Thomson Reuters/INSEAD Asia Business Sentiment Survey found that the sentiment index climbed six points to 71 in June, its highest level in five quarters and the third consecutive ...
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Red shirts demand fair reporting
A group of red shirts gathered in front of the Nation newspaper headquarters in Bang Na on Wednesday, demanding that the paper do its duty and be neutral when reporting news. The group of about 20 people said they were members of Samut Prakarn Loving People Group and represented 50 districts of Bangkok. They also demanded that the Nation send out a representative to receive a letter of protest. ...
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COLUMN-Thailands rice scheme cutback doesnt go far enough Clyde Russell
Wed Jun 19, 2013 2:46am EDT --Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, June 19 (Reuters) - The Thai government has finally done something sensible with its rice intervention scheme by trimming the amount of money it pays farmers for their crops. But don't for a minute believe the massive problems the scheme has ...
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US to open elite military fighting units to women
Washington - Women in the US military will soon be able to serve in elite fighting units, such as the Navy SEALS and Army Rangers, positions previously open only to men, the military said Tuesday. The US Army, Navy, Air Force and Marines released plans to open occupations such as infantry, armour and special operations by 2016. The US military said in January it would open combat positions to ...
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Thailands controversial rice scheme to run until 2017
The Yingluck Shinawatra government has given in to heavy public criticism over the huge 130-billion-baht (US$4.22 billion) loss incurred through its controversial rice-pledging scheme, agreeing to reduce the minimal price from 15,000 baht to 12,000 baht per tonne. Payment for rice will be reduced from the end of this month - June 30 - till the end of the current crop season in late September, ...
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SET up 6.15 points at midday
The Stock Exchange of Thailand main index went up 6.15 points, or 0.43%, to close at 1,433.57 points at the end of trading session this morning. The trade value was 25.24 billion baht, with 5.40 billion shares traded. The SET50 index ended at 956.30 points, up 5.77 points, or 0.61%, with a total trade value of 16.17 billion baht. The SET100 index rose 10.50 points, or 0.50%, to stand at ...
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Thai retailers deny dangerous chemicals in packed rice
Major modern retailers yesterday rejected allegations circulating on social media that they are selling packed rice that has been stored for a long time and has been treated with substantial amounts of anti-fungal and anti-weevil chemicals, which can be dangerous to consumers. Their assurances of the quality of their rice products were backed up by the Thai Retailers Association (TRA), which ...
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STOCKS NEWS THAILAND-Thaicom flat company expects higher 2013 profit
Wed Jun 19, 2013 12:10am EDT Shares in satellite operator Thaicom Pcl were unchanged at 32 baht after climbing at one point to 33 baht following a forecast of higher profit from the company. The tech subindex fell 0.4 percent, erasing earlier gains, while the main Thai stock index, which climbed more than 1 percent earlier, was down 0.3 percent. Thaicom expects strong growth in earnings this ...
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Dugong disappearing fast from southern Thailand
Trang's dwindling dugong population is now threatened with extinction as the Seagrass meadows it feeds upon in the waters around Koh Libong have shrunk to 7,306 square rai. Trang is in the south of Thailand and is known for its jungles, mountains, waterfalls and beaches. The head of Trang's Marine and coastal resources conservation centre, Prachuap Mokharat, said yesterday that a ...
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SET up 18.77 points at opening
Thai stocks opened up 1.31% at the start of trade this morning. The Stock Exchange of Thailand main index opened at 1,446.19 points, up 18.77 points from yesterday’s close. The trade value was 2.12 billion baht, with 590.70 million shares traded. The SET50 index opened at 964.00 points, up 13.47 points, or 1.42%, with a total trade value of 1.02 billion baht. The SET100 index rose 29.83 ...
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Baht drops investors await Fed signal
Thailand's baht fell to within 0.4% of a nine-month low and bonds dropped as investors waited for a signal from the US Federal Reserve on the future of its stimulus program that has spurred fund flows to emerging markets. Fed Chairman Ben S Bernanke will speak to reporters at the end of the monetary authority's two-day meeting on Wednesday. Global investors have pulled US$2.6 billion ...
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Thailands Songkhla ranked fourth highest in human-trafficking
The Royal Thai Police revealed that Songkhla ranked fourth in terms of the number of areas most at risk of human-trafficking crimes at 642, after Bangkok's 1,108, Chumphon's 997 and Prachuap Khiri Khan's 848 locations. This report prompted Social Development and Human Security Minister's secretary Anusorn Eiamsa-Ard to visit the province for inspection yesterday, where he ...
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Exat approves rise in toll fees
The Expressway and Rapid Transit Authority of Thailand (Exat) board has approved a proposal to raise tolls on urban and suburban expressways by at least 5 baht. Exat governor Aiyanat Tinapai said the toll increase for the urban expressway network will come into force on Sept 1 and the toll hike for the suburban network will take effect on Nov 1. Tolls for the urban network will rise from 45 to ...
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Maduzi Hotel Bangkok joins Secret Retreats
Bangkok--19 Jun--Maduzi Hotel Bangkok Maduzi Hotel Bangkok has recently been selected to be a member of Secret Retreats, a brand-new collection of heavenly hideaway boutique hotels, all Asian by essence. The selection was based on it's inner sanctuary, an ideal place where one can retreat from the buzz of Bangkok. Secret Retreats refers to the list of hotels, camps and boats in Asia ...
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Want a new Thai PM Then vote for someone else
Some Thais appear to have learnt nothing from history - as suggested by a group's calls for the royal appointment of a new premier to replace elected Prime Minister Yingluck Shinawatra. On Monday, the Thai Patriotic Front lodged a petition with the Bureau of the Royal Household seeking a new premier through an undemocratic method. This is the second time in seven years this group of Thai ...
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Photo Release Sahaviriya Bangkok Triathlon 2013
Bangkok--19 Jun--Sahaviriya Steel Industries Mrs. Suleemas Suthisamphat (4th from right), Chairman of the Sahaviriya Bangkok Triathlon Organizing Committee and the Representative of Rajcha Pracha Samasai Foundation, together with Mr. Nava Chantanasurakon (2nd from left), Vice President, Public Affairs and Social Responsibility Division of Sahaviriya Steel Industries Plc. (SSI), and other ...
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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