Latest News in Thailand

Japanese Investors Deny Plans for Sneak Attack on Thai Environment
Certain Japanese investors have verified that they are still ready to increase speculation in Thailand but have asked the government to come up with a clear timeframe for determining the outcome of the Map Ta Phut impasse.
Foreign Minister Kasit Piromya yesterday requested Japanese investors to come [...]

Exports Head Out and Up
Thailand’s exports grew at their fastest rate for 18 months in January as the financial system of key markets gained force, helping lift orders for commodities from farm products to auto parts.
Exports increased 30.8% from a year earlier to $13.72 billion, while increasing 26% in baht terms to 453.42 billion baht. [...]

Weapons Transporters to Be Released
Thailand’s government announced on Thursday its attorney general had come to a decision to drop the case against the five member crew of an aircraft carrying sanctions-violating weapons from North Korea.
“The trial here will not benefit Thailand so we have decided to drop the charges,” said Thanapich Mulapruk, a spokesperson for [...]

Thai Airlines CEO Speaks of Immunization
Thai Airways International’s new leader wants to bring in what he calls an “immune system” into the organization, to stop interlopers receiving benefits.
Piyasvasti Amranand says he will call for staff to fight off what he calls the pressure of interfering politicians and avaricious management.
THAI would never live up to its [...]

Bank Hopes Baht Won’t Take a Bath
The Bank of Thailand should take care that the Thai baht’s value stays at between 33 to 34 baht per US dollar, Manoon Siriwan, an energy authority, said on Saturday.
“If the Thai currency is weaker than that levels, it could affect domestic retail prices of fuel”, Mr Manoon said, [...]

More than 70 per cent of Thai people think Thailand’s economy is worsening, according to an opinion survey by Suan Dusit Rajabhat University released on Saturday.
The opinion poll called “People’s confidence in economic recovery”, questioned 1,327 people, and had been conducted from Dec 1 to 3.
56.55 per cent of those respondending to the poll said [...]

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 to contract [...]

“Merchant of Death” May Be Set Free in thailand
A higher-ranking Thai prosecutor rebuffed demands from Washington Thursday over its attempts to extradite Russian arms dealer Viktor Bout, sometimes known as the “Merchant of Death”.
The Thai appeals court is considering moves by the Thai government in opposition to the criminal court’s ruling in August that Bout [...]

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 had organized [...]