Latest News in Thailand

Prime Minister Somchai considers resigning
Prime Minister Somchai said his dissolving the Government House or stepping down a Prime Minister could end the ongoing political turmoil in Thailand and has not ruled yet about resigning the post.
Somchai said; “I’m not stuck on being prime minister if my resigning can solve the problems. But I’m not [...]

Thailand’s New Cabinet
Political Analysts are predicting a short lived PPP Government
Thailands Political Analysts are saying that due to no prominent outsiders for key economic and the Foreign Ministry cabinet positions, Analysts are saying that the new Thai government would be short-lived, with the House dissolution within next few months.
Prime Minister Somchai, brother-in-law of ousted [...]

Coup in Thailand?
PM Samak said there will be no coup against Thai government and that he will attend the UN General Assembly in NYC later this month.
Amid high expectations of another coup in Thailand with ongoing PAD anti-government protests, recent student anti-government protests, economic instability, the Thai baht at a 19 month low against US [...]

Dollar growing stronger against Thai baht
Due to the recent drop in oil prices and the political and economical tensions in Thailand the Baht has weakened against the dollar in last few months.
Bank of Thailand’s boss Tarisa Watanagase said the depreciation of Thai baht is in line with other Asian currencies. Bank of Thailand’s boss also [...]

New Condo Development in Pattaya, Thailand
IFA Hotels and Resorts Development, a developer in Thailand, Raimon Land announced a $200 million dollar condo project in Pattaya, Thailand, ‘The Lofts Southshore.’
Pattaya, Thailand, a popular destination for Gulf residents, many Middle Eastern investors are expected to invest in Pattaya, Thailand, The Lofts Southshore.
The Lofts Southshore Pattaya will be [...]

Thai Exports of Honda products manufactured in Thailand up 18%
Exports of Honda products manufactured in Thailand is up 18% in 2nd quarter of 2008, Honda Motor Company Thailand announced today. Thai Honda Exports for the 1st half of 2008 was 55.6 billion baht. Honda has been using Thailand as an export base since 1987.
Honda manufactures [...]

Gold prices in Bangkok, Thailand up 2.6 percent on Monday, Gold up to Record High
Bangkok, Thailand: Gold prices went up 2.6% Monday in Gold Market in Bankok, Thailand due to the rise in tensions with Iran and Israel in Middle East.
Gold jewelry went up to a record high of 15,600 Baht or $466 per 1 [...]

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LATEST NEWS: THAILAND FOREIGN BUSINESS ACT ‘FBA’
CAN SINGAPORE KEEP SHIN CORP?
CAN FOREIGNERS OWN THAI LAND WITHOUT THAI NOMINEES?
by Mysai Kung

All revisions to Thailand’s Foreign Business Act (FBA), which would have brought tighter rules for outside investors, have been scrapped, Commerce Minister Mingkwan Sangsuwan said on Friday, 13 June 2008. “Why close the door to [...]