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 [...]

Telecom Shares Fall With Thaksin Verdict Worries among Thai investors that the telecom companies might now be compelled to recompense the government agencies for the loss of revenue caused share prices to plunge yesterday, even as the broader market expanded on greater hopefulness for the global economy. Companies tied in the past to Thaksin all [...]

Thaksin’s Troubles on the Double Thailand’s National Anti-Corruption Commission on Tuesday held a full conference of all nine associates to mull over further legal action against former Prime Minister Thaksin Shinawatra in relation to the verdict of the Supreme Court’s Criminal Division for Holders of Political Positions on Friday. The court found Thaksin to have [...]

Thai King Returns to Hospital Thailand’s King Bhumibol Adulyadej for a short time left the hospital where he has been treated for the past five months to make a late-night visit to his palace, an official announced on Sunday. It was the only time the 82-year-old ruler has left Siriraj Hospital since he was hospitalized [...]

Bangkok Bank Targeted With Hand Grenades A M26 hand grenade exploded at the Silom Road branch of Bangkok Bank last night and another grenade was found at the bank’s Rama II branch. Deputy Chief of the Metropolitan Police Bureau Pol Maj Gen Anan Srihiran last night sent police to step up security at all branches [...]

Thaksin Shinawatra is Now 46 Billion Baht Poorer At a gathering of about 300 red shirts at the Puea Thai Party headquarters yesterday there was anger and tears at the Supreme Court’s final judgment which was conveyed at 8.50pm. Even though the decision could not have come as a total surprise, the red shirts sustained [...]

Thaksin Loses 46.3 Billion Baht Ruled to Have Been Gained Illegally The Thai Supreme Court’s Criminal Division for Holders of Political Positions on Friday seized 46.3 billion baht that ex-Prime Minister Thaksin Shinawatra and his ex-wife Potjaman na Pombejra obtained from selling their shares in Shin Corporation to Singapore’s Temasek Holdings. The court ruled that [...]

Thaksin Guilty of Abusing Office The Thai Supreme Court has just ruled that Thaksin was guilty of abusing his position to benefit Shin Corp and also to enrich himself. The Court is now reading the judgment whether the state can seize Thaksin’s money. The main question is whether Thaksin’s and Pojaman’s money earned before Thaksin [...]

Verdict Won’t effect UDD The verdict of the 76.6 billion baht assets seizure case against Thaksin will not have an effect on the faction of the United Front for Democracy against Dictatorship (UDD), ex-prime minister Somchai Wongsawat announced on Friday. Mr Somchai, brother in-law of coup-rmoved premier Thaksin Shinawatra, spoke during his visit to Puea [...]