Thai Baht Rate Stabilizes
The central bank of Thailand has decided to lift the reserve withholding measure implemented in 2006. The measure was intended to discourage speculation in baht and prevent economic instability.
Citing that the overall economy had improved, including the flow of capital in and out of Thailand, it was decided to allow [...]
Apr
19
Thai Baht Rate Stabilizes
≡ Category: Bangkok, Economy, Government, Investments, Latest Breaking News, News | ≅ Comments Off
Apr
19
Thai Real Estate | Lousy Houses No.1 Consumer Complaint in Thailand
≡ Category: Bangkok, Chiang Mai, Corruption, Latest Breaking News, News, Thailand | ≅ Comments Off
Thai Real Estate | Lousy Houses No.1 Consumer Complaint in Thailand
The Office of Consumer Protection Board (OCPB) has announced that consumer complaints regarding housing estate developments make up the largest percentile of complaints in relation to other sectors.
Substandard foundations, causing new homes to sink and crack, problems relating to contracts, title transfers, broken [...]
Apr
19
Thaksin’s Wife Testifies in Tax Evasion Turmoil
≡ Category: Assets Examination Committee, Corruption, Coup, Freedom of Speech, Latest Breaking News, News, Thailand, Thaksin | ≅ Comments Off
Thaksin’s Wife Testifies in Tax Evasion Turmoil
Former Prime Minister Thaksin’s wife testified in Criminal Court Friday in regard to the tax evasion case around transfer of shares in Shin Corportion stock in 1997. Potjaman Shinawatra, wife of Mr. Thaksin has been charged along with Bannapot Damapong and Mrs. Thaksin’s secretary, Khanchanapa Honghern with evading 730 [...]
Apr
19
Bangkok Airport Suvarnabhumi Keeps on Booming with New Projects
≡ Category: Bangkok, Government, Latest Breaking News, Media, News, Thailand, Tourism, Transportation | ≅ Comments Off
Bangkok Airport Suvarnabhumi Keeps on Booming with New Projects
Suvarnabhumi Airport is set to keep expanding with 10 new projects valued at 73 billion baht. The new projects include more parking, a people mover, and a welcome noise reduction scheme.
Construction of a second domestic terminal is already in the works. It is expected to [...]
Apr
19
Olympic Torch a Hot Topic - Bangkok, Thailand
≡ Category: Bangkok, China, Culture, Education, Freedom of Speech, Government, Latest Breaking News, Media, News, Police, Political Philosophy, Politics, Revolution | ≅ Comments Off
Olympic Torch a Hot Topic | Bangkok, Thailand
The Olympic torch arrived in Bangkok after a lively controversial trip through Europe and India. Thai police are warning that interference with the torch relay will not be tolerated. Protesters are requested to behave in accordance with the law. The flight carrying the torch with its Chinese [...]
Apr
19
Thai Songkran Celebration Leaves 360 Dead
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Thai Songkran Celebration Leaves 360 Dead
360 people died during the “seven dangerous days” of Sonkran in Thailand this year. 4,794 others were injured. Motorcycles contributed 80% of the figures according to Disaster Prevention and Mitigation Department.
Alcohol contributed to at least 31% of injuries and deaths. Speeding and reckless driving were also cited [...]