Latest News in Thailand

Abhisit Announces Changes to Thailand’s Investment Laws
Prime Minister Abhisit Vejjajiva, in a speech about restructuring the Thai economy and riding out the economic crisis, has announced that the Thai government is moving to amend laws regarding investment in an attempt to increase the confidence of those investing in Thai businesses. The government is hoping [...]

Thai Economy Expected to Return to Health by End of 2010
Kanit Saengsuphan, director of the Fiscal Policy Research Institute, said Wednesday at a seminar called “Financial Situation in the Current Economic Crisis” that the economy is unlikely to return to normal growth until sometime around the end of 2010. He estimates that the growth rate [...]

400 Billion Baht Stimulus Plan Hopes to Boost Thai Economy
Today’s parliamentary session is expected to work toward approval of a 400 billion baht loan package designed to improve the state of the Thai economy. The debate in parliament will last through Tuesday and be carried live on Thai television. Finance Minister Korn Chatikavanij hopes [...]

THE 2 MOST IMPORTANT FILMS YOU WILL SEE IN YOUR LIFE

THE MOST IMPORTANT VIDEOS YOU WILL SEE IN YOUR LIFE

ECONOMIC BLITZKRIEG
by Dave S.
Brian Bloom’s latest insightful article at www.gold-eagle.com got me thinking again. In an attempt to understand the tremendous, unprecedented economic and political developments of the past few years, I am putting forth the hypothesis that the ‘powers that be” in the West are engaged in a strategy of ‘Economic Blitzkrieg’ similar to [...]

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 [...]