Latest News in Thailand

Thaksin’s wife found guilty, Sentenced to 3 years Prison on Tax Evasion
Thailand’s Criminal Court sentenced Thaksin’s wife to 3 years in Jail. Thaksin’s wife, Khunying Potjaman Shinawatra found guilty today on tax evasion case. Her secretary Karnchanapa Honghern received a 2 year jail sentence for tax evasion, for not paying tax on shares worth 738 [...]

New case against Thaksin
On Wednesday the Supreme Court’s opened a new case against ousted premier Thaksin Shinawatra. The Supreme Court Case against Thaksin involves charges that Thaksin abused power by giving a government loan to Burma to benefit Thaksin’s Shin Corp Telecom company.
The first day of the trial will be September 16th, The Supreme Court [...]

New Condo Development in Pattaya, Thailand
IFA Hotels and Resorts Development, a developer in Thailand, Raimon Land announced a $200 million dollar condo project in Pattaya, Thailand, ‘The Lofts Southshore.’
Pattaya, Thailand, a popular destination for Gulf residents, many Middle Eastern investors are expected to invest in Pattaya, Thailand, The Lofts Southshore.
The Lofts Southshore Pattaya will be [...]

A-Power Energy Generation Systems to Build New Power Plant in Thailand
China: Power Energy Generation Systems Ltd. today said it has signed a memorandum of understanding to build and invest $300 million to build a power generation plant in Thailand.
The Chinese company, Power Energy Generation Systems ltd. rose $1.98, or 8.3% to $25.93 in morning on [...]

Thailand group to invest $2 billion in Nigeria
A group of Thai companies made up of Rainbow Energy PTT and Transglobal Energy Funds (TRC) has set aside $2 billion to invest in Nigeria’s energy sector if Federal Government approves investment proposal. They are to invest in power sector, gas, petrochemical, and agriculture.
The Thai company, under the [...]

Gold prices in Bangkok, Thailand up 2.6 percent on Monday, Gold up to Record High
Bangkok, Thailand: Gold prices went up 2.6% Monday in Gold Market in Bankok, Thailand due to the rise in tensions with Iran and Israel in Middle East.
Gold jewelry went up to a record high of 15,600 Baht or $466 per 1 [...]

Moving to Thailand
by David Barkdull
Bangkok, Thailand
Are you thinking about moving to Thailand? Are you contemplating moving to Thailand, to what is essentially the other side of the world? I say, go for it! However there are considerations that you need to address before you make the jump to Thailand. Just a few years ago [...]

Thailand’s Foreign Business Act (FBA), which would have made it difficult for foreign investors to trust investing in Thailand have been scrapped, Commerce Minister Mingkwan Sangsuwan said today.
“Why close the door to foreign investment? That’s why I don’t bring it back,” he said. ‘Don’t worry. No more. It’s finished,’ he said.

Indonesian President Susilo Bambang is meeting with X-PM Thaksin in Jakarta who is in Indonesia attend investor forum.
Also attending meeting with Thaksin and Susilo Bambang were State Secretary Hatta Radjasa and Cabinet Secretary Sudi Silalahi. Thaksin is investing millions of dollars in the telecom sector in Indonesia.