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Finance archive | Latest News in Thailand


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 politician in [...]

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 from over [...]

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 court verdict [...]

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 my living. [...]

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 filed [...]

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 behalf of Khunying [...]

I Don’t Recall a Recall Like This
A Thai spokesperson for Toyota Motor Thailand announced today that customers who imported or purchased their cars from neighborhood independent importers or on the grey market need to contact Toyota dealers countrywide to check whether their imported cars match those being recalled.
Toyota’s Thai unit will then synchronize with Toyota [...]

Hun Sen Touchy About His Appearance in Uniform
A fresh barrage of insults by Cambodian Prime Minister Hun Sen aimed at Thai Prime Minister Abhisit Vejjajiva is expanding the diplomatic gulf among the two countries.
Thailand and Cambodia had been struggling to find ways to mend fences after a series of quarrels but Hun Sen yesterday appeared [...]

Committee May Pretend to Test Hoax Bomb Detector to Save Face for Big-Shot Suckers
Thai Science and Technology Minister Khunying Kalaya Sophonpanich, a name which may soon live in scientific infamy, and who has the power to actually scientifically test the GT200 dowsing rod and expose the deadly fraud, has chosen instead to set up a [...]

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