Government Offers Debt Relief to Appease Farmers The Thai government is initiating a debt suspension scheme for farmers worth 80 billion baht which is seen as a plan to mollify grass roots organizers as political divisions persist in worsening. The plan was made public as tension mounted after a second round of give and take [...]

Thai Economy Could Expand 5% Thailand’s economy has a likelihood of growing more than five per cent this year if the political doubt and the postponement of industrial projects in Map Ta Phut are decided, former finance minister Pridiyathorn Devakula said on Monday. “If the political problems subside and the Map Ta Phut impasse is [...]

Rice Farmers Restive, but Will Resist Rallying with Red Shirts Thailand’s distressed rice farmers will not take part in the intended mass rally of the red-shirt United Front for Democracy against Dictatorship (UDD) next week end, Ayutthaya farmers’ spokesperson Kwanchai Mahachuenjai said on Sunday. The UDD has planned to stage a mass anti-government gathering from [...]

Hot, Dry, in Thailand During Hot Dry Season Thailand’s dry period is anticipated to be harsher and last longer than normal this year, the chairman of the Foundation for National Disaster Warning System of Thailand (NDWST) Smith Dharmasaroja told reporters on Friday. Mr Smith held that the effects would be felt all over the country. [...]

Thailand’s GDP Grew 3.5% in Last Quarter of 2009 Thailand’s Gross Domestic Product in the last quarter of 2009 was anticipated to show expansion of at least 3.5 per cent, thanks to better exports and the improving worldwide economy, Fiscal Policy Office (FPO) director-general Sathit Rangkasiri told reporters on Wednesday. He said the country’s financial [...]

Thailand’s Help to Haiti is on the Way Kasit told reporters that the Cabinet earlier had endorsed a US$100,000 grant to Haiti, and will also be sending 20,000 tonnes of rice to aid victims following estimations that two million people vitally need food aid. Thailand’s ambassador to Mexico has made a presentation of the donation [...]

Hopeful Signs in Thai Economy According to Thailand’s Finance Ministry’s forecast issued on Tuesday, The Thai economy will definitely get better and the gross domestic product could turn upward into positive territory in the final quarter of 2009. Government Finance Ministry spokesperson Akeniti Nititanprapas told reporters that the GDP in the third quarter was expected [...]

Abhisit Opens ASEAN Conference Prime Minister Abhisit Vejjajiva says that Asean leaders must focus their efforts to make the proposed Southeast Asia economic area a reality by 2015, In addressing the opening formal procedure of the Asean summit yesterday, Mr Abhisit robustly upheld the role of the Asean secretary-general in conveying pressing issues to the [...]

Flood Waters Threaten Bangkok The Thai government is closely watching the flood conditions throughout the country while vitally helping people in the afffested areas, Prime Minister Abhisit Vejjajiva stated in his weekly television address on Sunday morning. He told the nation that the Department of Disaster Prevention and Mitigation as well as other relevant agencies [...]

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