Latest Bangkok News
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Water dept may step in
Royal Irrigation Department might take over parts of Bt350-bn flood scheme; Technical round is next hurdle as WFMC studies details of four bidders' proposals The Royal Irrigation Department (RID) might take over parts of the Bt350-billion water-management and flood-prevention project if there are no winners in the technical round of the bidding process, a source said yesterday. Deputy ...
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3G will boost mobile tablet sales to a record 25 million
A record-high 25 million mobiles and tablets are expected to be sold this year on the back of faster wireless broadband and a tremendous shift in demand to third-generation (3G) smartphones. Industry executives say annual sales have been coming in at 18 million units. Despite the boom in smartphones, price competition for the devices and mobile data tariff packages will not be strong due to ...
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New Rice Route Thailand Bound
Bangkok, May 23 (Prensa Latina) The Thai government issued a positive sign for the world rice trade when calling on rice entrepreneurs, buyers and experts to participate in a new route towards the 2013 Rice Convention. Thailand seeks to become the rice center for Asean and the world, announced an official communiqu referring to the meeting that will be held in May 26-28 in Chiang Mai, 700 ...
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Scientists family seeks US Congress Thai experts help
SINGAPORE (AFP) - The parents of a US scientist found hanged in Singapore last year said Thursday they will seek a US congressional inquiry and tap a celebrity Thai pathologist to prove their son was murdered.Mary Todd, mother of the late researcher Shane Todd whose death in June 2012 was ruled a suicide by the Singapore police, indicated the family did not expect the US government to intervene ...
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Baht slides on Fed movements
The baht fell by its biggest margin in almost two weeks Thursday as speculation the US Federal Reserve will scale back its bond buying dampened demand for emerging-market assets. The retraction of the baht's movements has come after it dropped below 30 per dollar for the first time since January, and the latest movement occurred after a report showed China's manufacturing is ...
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DSI `surprised at more people in CentralWorld blaze
The Department of Special Investigation (DSI) on Thursday said it was surprised at the Metropolitan Police Bureau's revelation that it was seeking six additional people believed to have been involved in the CentralWorld arson case. Deputy chief Pol Lt Col Wannapong Kocharak said the DSI had not been informed by the MPB that it was preparing to seek arrest warrants for the six. The DSI did ...
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The Moon Rises in the Heat of Bangkok
Bangkok--23 May--Novotel Bangkok on Siam Square As the Full Moon rises, set the wild inner-self free, let it rise from your soul during the Full Moon Party held at Concept CM2 of Novotel Bangkok on Siam Square on Friday June 21. Go wild as the beat, ambiance and excitement of the tropical Koh Pa Ngan's Full Moon beach party hits downtown Bangkok. The international gathering of musicians, ...
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NMG reports good response to share issue as it raises funds for digital TV
Nation Multimedia Group is looking forward to successful fund mobilisation to finance its bid for digital TV licences after receiving an overwhelming response from shareholders to subscribe to newly issued shares, president Duangkamol Chotana said Thursday. NMG last month said it planned to increase registered capital by Bt1.79 billion from Bt873.3 million by issuing 3.38 billion new shares at ...
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Egat forced to delay electricity supply to deep South
A plan to acquire additional electricity from Malaysia to cope with a shortage in the deep South may have to be delayed until next year due to continuing violence in the region, a senior official at the Electricity Generating Authority of Thailand (Egat) said Thursday The 1320-kilovolt supply will be delivered to a power station in Narathiwat's Sungai-Kolok district, in addition to another ...
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AIT operations back to normal following return to old charter
The Asian Institute of Technology (AIT) said Thursday that the difficulties surrounding its legal status had ended following a decision in December to bring back its old charter. The announcement meant 499 students from more than 30 countries will be able to attend their graduation ceremonies, without worrying about the validity of their degrees. "We have now returned to normalcy after ...
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Yingluck drums up Japanese investment for Dawei rail projects
Prime Minister Yingluck Shinawatra has invited Japanese investors to join the Dawei Deep Sea Port project in Myanmar, while Japanese businesses have expressed an interest in bidding for satellite and high-speed rail projects in Thailand, the PM's secretary-general said Thursday. Suranand Vejjajiva said Yingluck met her Japanese counterpart, Shinzo Abe, on Wednesday and discussed bilateral ...
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Soap star James Jirayu Tangsrisuk on newfound celebrity
Nineteen-year-old actor James "Jirayu" Tangsrisuk shot to fame playing a bespectacled-heartthrob in the popular soap Supap Buruth Jutathep. The young star says his celebrity status has come as something of a surprise, but insists fame is yet to change his day-to-day life. Video by Jetjaras Na ...
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European fugitives arrested in Thailand
Stefano Raccagni (Photo by Pawat Laopaisarntaksin) Pol Maj-Gen Chitsanupong Yuktathad, deputy commissioner of the Immigration Bureau, announced the arrests of Stefano Raccagni, 38, and Eve Paoletti, 47. Mr Raccagni, an Italian national, was arrested on Tuesday at a house in Chiang Mai province where he had settled with a Thai girlfriend since arriving in the country in 2009. His arrest ...
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SE Asia Stocks-Fall on Fed China data jitters Spore Thailand hit 2-wk low
BANGKOK, May 23 (Reuters) - Southeast Asian stocks fell on Thursday, with Singapore marking its worst week since November 2012 and Thai stocks at their lowest close in more than two weeks, as worries over the future of U.S. monetary stimulus and weak Chinese data dented global sentiment. Singapore, Thailand and Malaysia saw weakness in large caps such as Singapore ...
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SET index opens down 8.71 pts 0.53 pct
Thai composite stocks index (SET) opened on Thursday at 1,622.56, down 8.71 points, or 0.53 per cent in line with most regional shares. Blue chip SET-50 index was at 1,074.25, down 7.44 points, or 0.69 per cent. Top five active (value) stocks: BAY, ADVANC, MFEC, TRUE, KBANK. The ...
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SET to take part in Opportunity Day
The Stock Exchange of Thailand (SET) will join Maybank Kim Eng Securities (Thailand) at the first Opportunity Day, in Chiang Mai, when the top management of listed companies will meet directly with regional investors on May 31 at Centara Duangtawan Hotel from 9am to 4pm. The companies joining this event include Sahacogen (Chon Buri), Ratchthani Leasing and Universal Adsorbents & Chemicals. ...
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Ital-Thai dam project halted
Yangon -- The government has reportedly halted a hydropower dam project with Italian-Thai Development Plc in Taninthayi region of lower Myanmar, citing its possible environmental and social impacts. Ital-Thai's dam project located near Myeik township was expected to generate at least 800 megawatts of electricity upon completion, but is believed to pose flood risks to the thousands of ...
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SET index dives 23.81 points
The Stock Exchange of Thailand main index went down 23.81 points, or 1.46%, to close at 1,607.46 points at the end of trading session this afternoon. The trade value was 78.13 billion baht, with 12.30 billion shares traded. The SET50 index ended at 1,064.49 points, down 17.20 points, or 1.59%, with a total trade value of 48.16 billion baht. The SET100 index fell 38.69 points, or 1.60%, to ...
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Poll B4.82bn splash on merit making
About 4.82 billion baht will be spent by people making merit on Visakha Bucha Day this Friday, according to a survey by the Economic and Business Forecasting Centre of the University of the Thai Chamber of Commerce (UTTC). The predicted spend is up four per cent on last year, but less than the 10% increase in spending on other festivities so far this year, the centre reported on Thursday. This ...
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Chalerms reconciliation bill tabled in Parliament
Pheu Thai MPs Thursday tabled a national reconciliation bill drafted by Deputy Prime Minister Chalerm Yoobamrung for Parliament's deliberation, say the bill seeks amnesty for all political groups so that the country can move forward. A group of 15 ...
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P-Move ends rally after govt promises to protect villagers
The anti-government People's Movement for a Just Society (P-Move) has ended its rally after 18 days of protest, saying it had reached an agreement on a number of issues with the government. However, it vowed to return if the government failed to keep its promises. "According to the Memorandum of Understanding signed with the protesters, the government has agreed to solve two problems ...
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Oil falls below $94 as China manufacturing weakens
BANGKOK -; The price of oil fell below $94 per barrel Thursday after a private survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is ...
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April exports up 10.52 on 2012
Exports for April were up 10.52% on April 2012, with a total value of US$18.70 billion, permanent secretary for commerce Watcharee Wimuktayon said on Thursday. Import value for the month totalled US$21.55 billion, an increase of 8.91%, posting a trade deficit of US$2.8 billion, said Mrs Watcharee. Export value over the first four months of the year (Jan-April) totalled US$75.66 billion, up ...
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Abhisit is here where is Thaksin
Abhisit's still here, and saying 'execute me if I'm guilty'. It's time the red-shirts demanded Thaksin return to fight for justice, says Voranai Vanijaka. | Bangkok Post: ...
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Thai stocks extend losses on day after Fed China data
BANGKOK, May 23 (Reuters) - Thailand's benchmark SET index fell as much as 3 percent in afternoon session, joining Asian and global shares on concerns over the future of the U.S. Federal Reserve's monetary stimulus and weak Chinese factory data. Index heavyweight energy and banking shares came under heavy selling pressure, with Siam Commercial Bank Pcl and PTT Exploration and ...
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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