Latest News in Thailand

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

“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 [...]