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 [...]

Local administration associations are planning to stage a protest if the government declines to give them enough money to manage rising cost in the 2011 fiscal year. Local municipalities, provincial administration groups and tambon management organizations, say they will scrutinize state subsidy allotments to see whether the government gives them 25% of tax collected as [...]

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 [...]

Thaksin Explains Wealth To World Leaders Thailand’s former Prime Minister Thaksin Shinawatra preparations to send letters to heads of countries internationally to clarify his asset confiscation case, Manit Chitchanklab, a past lawyer for the disbanded Thai Rak Thai party, announced yesterday. Mr Manit has just come back from a stopover to visit the convicted former [...]

Thailand’s Consumer Prices Increase Thailand’s consumer price index (CPI) for February 2010 increased from the same month last year by 3.7 per cent and by 0.56 per cent over January to stand at 106.88, the Ministry of Commerce announced on Tuesday. The groceries and beverage index for February 2010 was 120.39, up 5.1 per cent [...]

Yellow Shirts Will Keep Shirts in the Closet Thailand’s People’s Alliance for Democracy (PAD) will acknowledge the upcoming Supreme Court ruling and will not stage any gathering even if the court rules not to seize assets of former Prime Minister Thaksin Shinawatra and his relatives, PAD central leader Phiphob Dhongchai maintained. “PAD will accept the [...]

Thaksin Twitters While Traveling Thailand’s fugitive former Prime Minister Thaksin Shinawatra on Saturday posted a message on his Twitter page “Xin Zheng Ruyi Xin Nian Facai”, wishing a happy New Year to all Thai-Chinese people on the occurrence of the Chinese New Year. “I ask for a permission (from Thai people) to journey to earn [...]

Thakisin’s Billions on the Chopping Block Two of former Prime Minister Thaksin Shinawatra’s adult children are maintaining that they held corporation shares in their own right, and their assets should be secure if the court rules that their father’s fortune should be impounded by the state. The court has finished its hearing into a grievance [...]

Thaksin’s Money on Trial Thai prosecutors said in their closing argument before the Thai Supreme court that former Prime Minister Thaksin acquired his assets through misuse of his authority. They also listed suspected conflicts of interest. They urged that the assets be impounded and transferred to the state. Somporn Pongsuwan, a legal representative speaking on [...]