Provides the latest RSS feeds for Bangkok News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Bangkok News.net http://www.bangkoknews.net/index.php/cat/f90d16c28a9b5294/ en-us Tue, 18 Jun 2013 03:31:12 -0400 Tue, 18 Jun 2013 03:31:12 -0400 30 Though the Thai government's controversial rice-pledging scheme has incurred higher losses than initially projected, it will continue with marginally lower prices - from 15,000 baht (US$489) per tonne to between 13,500 baht and 12,000 baht for future crops, Commerce Minister Boonsong Teriyapirom said after a key meeting late yesterday. The 13,500 baht - 12,000 baht price range is based on a ... http://www.bangkoknews.net/index.php/sid/215262591/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 01:16:31 -0400 http://www.bangkoknews.net/index.php/sid/215262591/scat/f90d16c28a9b5294 Economists believe the government is failing to manage the country's financial matters effectively, according to a survey by Bangkok Poll released on Tuesday. The Bangkok University pollster conducted its survey on the economic performance of the Yingluck government between June 11 and 17, seeking opinions from 60 economists at leading organisations. Respondents to the poll gave the ... http://www.bangkoknews.net/index.php/sid/215262765/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 01:16:08 -0400 http://www.bangkoknews.net/index.php/sid/215262765/scat/f90d16c28a9b5294 Dengue fever has hit 4,374 Bangkok residents and claimed one life in the capital during the past six months. The Bangkok Metropolitan Administration has implemented a variety of measures in a bid to control the disease. "We will spray chemicals to kill mosquitoes, the carrier of the disease. The next round of spraying will run from [Thursday] until June 30," Bangkok Governor MR ... http://www.bangkoknews.net/index.php/sid/215262766/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 01:08:23 -0400 http://www.bangkoknews.net/index.php/sid/215262766/scat/f90d16c28a9b5294 Tue Jun 18, 2013 12:20am EDT * Govt set to limit amount of rice it will buy * Farmers may accept changes if broad scheme continues (Adds losses from intervention, industry comment) By Apornrath Phoonphongphiphat BANGKOK, June 18 (Reuters) - Thailand plans to cut prices and limit the amount of rice bought in a controversial support scheme for the grain as it attempts to retain vital political ... http://www.bangkoknews.net/index.php/sid/215262593/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 00:20:02 -0400 http://www.bangkoknews.net/index.php/sid/215262593/scat/f90d16c28a9b5294 Thai stocks opened up 0.13% at the start of trade this morning. The Stock Exchange of Thailand main index opened at 1,472.98 points, up 1.94 points from yesterday’s close. The trade value was 1.84 billion baht, with 424.98 million shares traded. The SET50 index opened at 983.00 points, up 0.84 point, or 0.09%, with a total trade value of 979.89 million baht. The SET100 index rose 2.00 ... http://www.bangkoknews.net/index.php/sid/215261901/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 00:12:52 -0400 http://www.bangkoknews.net/index.php/sid/215261901/scat/f90d16c28a9b5294 Thailand Baby & Kids Best Buy 2013 is back again by popular demand, this time in its 14th edition. , organized by Ace Con (Thailand) Co., Ltd. The grand-scale trade fair will gather together all the best products for ... http://www.bangkoknews.net/index.php/sid/215261902/scat/f90d16c28a9b5294 Tue, 18 Jun 2013 00:04:39 -0400 http://www.bangkoknews.net/index.php/sid/215261902/scat/f90d16c28a9b5294 BANGKOK - Thailand's Buddhism body said it is monitoring monks nationwide for any inappropriate behaviour after a video showed monks using luxurious personal items while flying on a private jet. The YouTube video showed one of the monks was wearing stylish aviator sunglasses, carrying a luxury brand travel bag and sporting a pair of modern-looking wireless headphones. It attracted criticism ... http://www.bangkoknews.net/index.php/sid/215261770/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 23:56:12 -0400 http://www.bangkoknews.net/index.php/sid/215261770/scat/f90d16c28a9b5294 A screenshot from YouTube reveals the monks acting "inappropriately, not composed and not adhering to Buddha's teachings of simplicity and ... http://www.bangkoknews.net/index.php/sid/215260902/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 23:25:21 -0400 http://www.bangkoknews.net/index.php/sid/215260902/scat/f90d16c28a9b5294 A female Thai diplomat who allegedly assaulted an Egyptian woman at a Cairo hotel had acted in self-defence, Thai Foreign Ministry deputy spokesman Jakkrit Srivali said on Monday. He quoted Kakanang Amaranand, first secretary of the Thai Embassy in Egypt, as dismissing news reports in Egyptian media that she attacked and injured Rana Ashraf. Ashraf's husband was quoted as saying that ... http://www.bangkoknews.net/index.php/sid/215260912/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 23:11:29 -0400 http://www.bangkoknews.net/index.php/sid/215260912/scat/f90d16c28a9b5294 A suspected insurgent now in custody, Sakariya Tohtayong, has implicated alleged masterminds of the movement behind unrest in the deep South, a senior official said yesterday. Sakariya gave useful testimony that may allow the authorities to solve many security cases. They include bombings at the CS Pattani Hotel and the Diana shopping complex, the robbery of a security van carrying cash for a ... http://www.bangkoknews.net/index.php/sid/215260915/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 23:09:53 -0400 http://www.bangkoknews.net/index.php/sid/215260915/scat/f90d16c28a9b5294 The Gold Traders Association this morning announced buying prices at 19,814.12 baht per baht-weight for gold ornaments and 20,100 baht per baht-weight for gold bar. Selling prices were set at 20,600 baht per baht-weight for gold ornaments, and 20,200 baht per baht-weight for gold bar. This means gold prices were up 50 baht from yesterday’s close. Buying prices yesterday closed at ... http://www.bangkoknews.net/index.php/sid/215261081/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 23:09:33 -0400 http://www.bangkoknews.net/index.php/sid/215261081/scat/f90d16c28a9b5294 The Pheu Thai Party's loss in Sunday's Don Muang by-election is unlikely to force the government to call a snap election, Democrat deputy leader Korn Chatikavanij says. Mr Korn said the Yingluck Shinawatra administration is short of accomplishments to dissolve the House and call an election. Virtually every core ministry faces policy flops, he said. Moreover, the Commerce Ministry and ... http://www.bangkoknews.net/index.php/sid/215258464/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 19:58:16 -0400 http://www.bangkoknews.net/index.php/sid/215258464/scat/f90d16c28a9b5294 A female Thai diplomat has been accused of assaulting an Egyptian lawyer during a night out at an exclusive five-star hotel, in Cairo the Egypt Independent reported. The newspaper reported on its website on Sunday that the first secretary at the Thai embassy in Egypt, Kakanang Amaranand, allegedly verbally and physically assaulted lawyer Rana ... http://www.bangkoknews.net/index.php/sid/215257460/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 18:54:48 -0400 http://www.bangkoknews.net/index.php/sid/215257460/scat/f90d16c28a9b5294 The National Rice Policy Committee (NRPC) will propose on Tuesday that the cabinet cut the paddy pledging ceiling price to no more than 13,500 baht a tonne and not accept all grain under the ... http://www.bangkoknews.net/index.php/sid/215257459/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 18:54:48 -0400 http://www.bangkoknews.net/index.php/sid/215257459/scat/f90d16c28a9b5294 The National Office of Buddhism insists monks boarding a private jet, wearing sunglasses and using luxury items is not a serious breach of monastic rules, but it is ... http://www.bangkoknews.net/index.php/sid/215257461/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 18:54:47 -0400 http://www.bangkoknews.net/index.php/sid/215257461/scat/f90d16c28a9b5294 The Pheu Thai strategic PR committee concluded on Monday that the party lost in the Don Muang by-election mainly because voters are attached to individual candidates rather than party's policies. The strategic PR committee headed by Noppadol Pattama, a legal adviser to former prime ... http://www.bangkoknews.net/index.php/sid/215257412/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 18:39:39 -0400 http://www.bangkoknews.net/index.php/sid/215257412/scat/f90d16c28a9b5294 View Photo Having someplace that feels like a home-away-from-home makes any trip that much more pleasurable, and according to TripAdvisor and its reviewers, the best place to do that is Sukhumvit Park, Bangkok - Marriott Executive Apartments. The Sukhumvit hotel is honored to have been awarded TripAdvisor's prestigious Certificate of Excellence. Click here for high-resolution ... http://www.bangkoknews.net/index.php/sid/215255234/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 16:39:48 -0400 http://www.bangkoknews.net/index.php/sid/215255234/scat/f90d16c28a9b5294 Thailand's National Office of Buddhism said it is investigating complaints of monks living lavish lifestyles with luxury vehicles and private jets. Nopparat Benjawatananun, director of the office, said monks at a temple in Sisaket are being investigated after several complaints were filed and officials viewed a video of three monks riding on a private jet, The Nation (Thailand) reported ... http://www.bangkoknews.net/index.php/sid/215253925/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 15:22:57 -0400 http://www.bangkoknews.net/index.php/sid/215253925/scat/f90d16c28a9b5294 The question "how safe is our rice?" has been raised again after rumours spread through social media that the government may have sold overfumigated rice stocks to leading hypermarket operators to be repacked for distribution under their house brands. The rumours have gone viral on Facebook, as well as LINE, with posts warning consumers not to buy house-brand rice packs from ... http://www.bangkoknews.net/index.php/sid/215253073/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:17 -0400 http://www.bangkoknews.net/index.php/sid/215253073/scat/f90d16c28a9b5294 The Thai capital market is bracing for an exodus of foreign investors as the US Federal Reserve (Fed) will soon tighten its unprecedented monetary easing stance, said Bank of Thailand governor Prasarn Trairatvorakul. "Only part of the funds has been pulled out of the bond market. The country's foreign reserves, however, can cushion risks even if all funds are moved out as ... http://www.bangkoknews.net/index.php/sid/215253074/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:16 -0400 http://www.bangkoknews.net/index.php/sid/215253074/scat/f90d16c28a9b5294 Thailand's economic growth is projected at 4% this year and 5% in 2014, albeit with risks to the downside due to external factors, according to the International Monetary Fund. The IMF also noted that volatility in capital flows and political unrest were other potential risks to the country's growth outlook. The IMF released the report following its annual mission to the country ... http://www.bangkoknews.net/index.php/sid/215253075/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:15 -0400 http://www.bangkoknews.net/index.php/sid/215253075/scat/f90d16c28a9b5294 A news report last week about VAT fraud of 3.6 billion baht by more than 30 companies claiming exports of empty containers reminds everyone of the 1997 incident that misled the government to believe that Thailand's economy was still doing well due to healthy exports. If the VAT fraud report is confirmed, at the rate of 7%, it means that the government will need to deduct least 50 billion ... http://www.bangkoknews.net/index.php/sid/215253071/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:14 -0400 http://www.bangkoknews.net/index.php/sid/215253071/scat/f90d16c28a9b5294 Thailand's Supreme Distribution and China's Shenzhen Yitoa Intelligent Control could become the largest suppliers of tablet computers in the next round of bidding under the One Tablet Per Child scheme after they passed the technical round yesterday. If they win the bid, they will supply three quarters of 1.63 million tablet computers worth 4.61 billion baht. The e-auction is to take ... http://www.bangkoknews.net/index.php/sid/215253072/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:14 -0400 http://www.bangkoknews.net/index.php/sid/215253072/scat/f90d16c28a9b5294 Japanese investors still consider Thailand as a manufacturing hub and will continue to use the country as a gateway to penetrate emerging markets in Southeast Asia. Seiya Sukegawa, vice-president of the Japan External Trade Organization, said Thailand will continue to be the main production base for Japanese firms to facilitate operations of their subsidiaries in Laos and Cambodia. Thai ... http://www.bangkoknews.net/index.php/sid/215253076/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:13 -0400 http://www.bangkoknews.net/index.php/sid/215253076/scat/f90d16c28a9b5294 The Thai stock market is unlikely to hit an all-time high this year, despite the recent record highs of stock markets in Southeast Asia, as the local bourse becomes less attractive to foreign investors following a rally in recent years, said Prinn Panitchpakdi, country manager of CLSA. He also ruled out a sharp surge in Thai shares from now on. Foreign investors are by nature early birds, ... http://www.bangkoknews.net/index.php/sid/215253077/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:12 -0400 http://www.bangkoknews.net/index.php/sid/215253077/scat/f90d16c28a9b5294 Investment applications submitted to the Board of Investment (BoI) are estimated at 700 billion baht in the first half of this year, prompting the investment promotion agency to believe the full-year target of at least 1 trillion baht will be achieved. Industry Minister Prasert Boonchaisuk said the BoI passed a milestone of 500 billion baht in the first quarter and foresees 700 billion in ... http://www.bangkoknews.net/index.php/sid/215253078/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:10 -0400 http://www.bangkoknews.net/index.php/sid/215253078/scat/f90d16c28a9b5294 Bangkok Bank (BBL) has focused on controlling asset quality at its China and Vietnam branches to hold down non-performing loans (NPLs) in the wake of economic uncertainty in those countries. With strong risk management, BBL China's bad debt stands at 1% of the total loan portfolio of US$1 billion (about 30 billion baht), in line with the NPLs of China's banking system. An absence of ... http://www.bangkoknews.net/index.php/sid/215253079/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 14:43:06 -0400 http://www.bangkoknews.net/index.php/sid/215253079/scat/f90d16c28a9b5294 Activist and philanthropist Dr Somprat Munjit has won this year's Outstanding Rural Doctor award from the Mahidol University's Faculty of Medicine and Siriraj Hospital. He said the inspiration that drove him to join the October uprisings in his younger years was also behind his devotion to the underprivileged in the remote parts of Chiang Rai today. "Due to my participation in ... http://www.bangkoknews.net/index.php/sid/215251932/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 13:48:13 -0400 http://www.bangkoknews.net/index.php/sid/215251932/scat/f90d16c28a9b5294 The Department of Special Investigation called yesterday for two businessmen allegedly involved in the transport of six luxury cars that caught fire and revealed a tax avoidance scheme, to turn themselves in before warrants are taken out for their arrest. Director-general Tarit Pengdith said the identity of the two men was known among law-enforcement officials and they still had time to surrender ... http://www.bangkoknews.net/index.php/sid/215251934/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 13:48:12 -0400 http://www.bangkoknews.net/index.php/sid/215251934/scat/f90d16c28a9b5294 New students at the Nation University's Bang Na campus are getting ready to study hard, play hard and think big. These are the guidelines they were given by the university's adviser and Nation Multimedia Group (NMG) chairman Suthichai Yoon, who delivered an address to hundreds of new students during their orientation session yesterday. "The university's teaching process ... http://www.bangkoknews.net/index.php/sid/215251933/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 13:48:12 -0400 http://www.bangkoknews.net/index.php/sid/215251933/scat/f90d16c28a9b5294 A military helicopter made an emergency landing in Nakhon Nayok yesterday morning due to a broken sling in its rudder. Five of the eight soldiers on board were injured in the incident. After taking off from Lop Buri on a trip to Sa Kaeo, the helicopter became unresponsive over Nakhon Nayok and the pilot decided to ditch the aircraft in a pond. Army Deputy Spokesman Winthai Suwaree said ... http://www.bangkoknews.net/index.php/sid/215251935/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 13:48:10 -0400 http://www.bangkoknews.net/index.php/sid/215251935/scat/f90d16c28a9b5294 During Yingluck Shinawatra’s official visit to Japan late last month, Thailand’s first female premier did not just exploit her charm to win over Japan, but also dared to talk openly about the most sensitive issue facing her country — the protracted political crisis that followed the 2006 military coup that had overthrown her brother, Thaksin Shinawatra, the most successful prime ... http://www.bangkoknews.net/index.php/sid/215250437/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 12:23:52 -0400 http://www.bangkoknews.net/index.php/sid/215250437/scat/f90d16c28a9b5294 A subcommittee overseeing the rice pledging scheme's accounting under the Finance Ministry has announced a 136-billion-baht loss for the 2011-2012 main crop and the 2012 second crop. The subcommittee revealed its findings at the meeting of National Rice Policy Committee, PM's Office Minister Varathep Rattanakorn said on Monday. The committee will report the loss figures to the cabinet ... http://www.bangkoknews.net/index.php/sid/215247113/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 09:34:28 -0400 http://www.bangkoknews.net/index.php/sid/215247113/scat/f90d16c28a9b5294 About one-third of the food available in the market is not safe because it often has excessive additives and chemicals, above the standard limit, and the labeling may be wrong, the Foundation for Consumers said on ... http://www.bangkoknews.net/index.php/sid/215246036/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 08:35:45 -0400 http://www.bangkoknews.net/index.php/sid/215246036/scat/f90d16c28a9b5294 Buddhist monks are supposed to adhere to Buddha's teachings of simplicity and self restraint, and not own any objects at all. This monk holds a pot to collect alms. Photograph: Damir ... http://www.bangkoknews.net/index.php/sid/215245756/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 08:22:23 -0400 http://www.bangkoknews.net/index.php/sid/215245756/scat/f90d16c28a9b5294 The Rolls-Royce used by Deputy Prime Minister Chalerm Yubamrung was legitimately imported, Customs Department deputy director-general Rakhop Srisupha-at said on Monday. Mr Rakhop said Customs Department records show that Mr Chalerm's Bangkok-registered Rolls-Royce Ghost, with the licence plate number Por Or (??) 444, was imported in 2010. The tax on the vehicle was correctly paid, he said. ... http://www.bangkoknews.net/index.php/sid/215245041/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 07:38:05 -0400 http://www.bangkoknews.net/index.php/sid/215245041/scat/f90d16c28a9b5294 The Bank of Thailand (BOT) has expressed confidence that the Thai money market will be able to cope with any capital movements that occur should the US Federal Reserve withdraw its monetary stimulus, while Kasikorn Research Centre forecast that the Fed would keep its bond purchases unchanged due to low US inflationary pressure. BOT Governor Prasarn Trairatvorakul said Monday that if the Fed ... http://www.bangkoknews.net/index.php/sid/215245018/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 07:23:45 -0400 http://www.bangkoknews.net/index.php/sid/215245018/scat/f90d16c28a9b5294 A total of 54 exporters reported they had shut their doors in May, blaming the strong baht, but many more new firms had registered as exporters, Deputy Commerce Minister Nattawut Saikuar said on ... http://www.bangkoknews.net/index.php/sid/215244107/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 06:40:41 -0400 http://www.bangkoknews.net/index.php/sid/215244107/scat/f90d16c28a9b5294 The Stock Exchange of Thailand main index went up 5.77 points, or 0.39%, to close at 1,471.04 points at the end of trading session this afternoon. The trade value was 43.47 billion baht, with 6.84 billion shares traded. The SET50 index ended at 982.16 points, up 3.29 points, or 0.34%, with a total trade value of 28.11 billion baht. The SET100 index rose 7.64 points, or 0.35%, to stand at ... http://www.bangkoknews.net/index.php/sid/215244108/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 06:40:36 -0400 http://www.bangkoknews.net/index.php/sid/215244108/scat/f90d16c28a9b5294 BANGKOK, June 17 (Reuters) - Most Southeast Asian stock markets edged higher on Monday as investors sought bargains in recently beaten down shares, but trade remained subdued ahead of the U.S. Federal Reserve meeting later this week. The Philippine index climbed 1.6 percent, extending Friday's 2.1 percent rise, with trading volume at half the monthly average. The Thai ... http://www.bangkoknews.net/index.php/sid/215244109/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 06:33:40 -0400 http://www.bangkoknews.net/index.php/sid/215244109/scat/f90d16c28a9b5294 The Thai Patriotic Front has filed a petition seeking the Royal appointment of a new prime minister, citing what it described as failures by the current government on such issues as amnesty legislation, the rice-pledging policy and the Bt2-trillion infrastructure loans. Chaiwat Sinsuwong, leader of the anti-government Thai Patriotic Front, and about 1,000 demonstrators gathered in front of the ... http://www.bangkoknews.net/index.php/sid/215244091/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 06:26:19 -0400 http://www.bangkoknews.net/index.php/sid/215244091/scat/f90d16c28a9b5294 The Department of Special Investigation Monday called for two businessmen allegedly involved in the transporting of six luxury cars that caught fire and revealed an on-going tax avoidance scheme, to turn themselves in before they were faced with arrest warrants. Director-general Tharit Pengdit said the two men's identities were known among law enforcement forces and they still had time to ... http://www.bangkoknews.net/index.php/sid/215244090/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 06:26:18 -0400 http://www.bangkoknews.net/index.php/sid/215244090/scat/f90d16c28a9b5294 The president along with leaders from the UK, Japan, Canada, Russia, Germany, France and Italy will attend the G8 summit where Syria is expected to dominate ... http://www.bangkoknews.net/index.php/sid/215243146/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 05:56:46 -0400 http://www.bangkoknews.net/index.php/sid/215243146/scat/f90d16c28a9b5294 BANGKOK (AP) - Thailand's national Buddhism body says it is monitoring monks nationwide for any inappropriate behavior following complaints ignited by a video showing Buddhist monks boarding a private jet. The YouTube video emerging recently showing one of the monks was wearing stylish aviator sunglasses, carrying a brand name travel bag and sporting a pair of modern-looking wireless ... http://www.bangkoknews.net/index.php/sid/215243164/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 05:54:54 -0400 http://www.bangkoknews.net/index.php/sid/215243164/scat/f90d16c28a9b5294 Thai composite stocks index (SET) closed on Monday at 1,471.04, up 5.77 points, or 0.39 per cent amid Bt43.42 billion turnover in line with most regional shares. Blue chip SET-50 index was at 982.16, up 3.29 points, or 0.34 per cent. Top five active (value) stocks: INTUCH, KBANK, ADVANC, JAS, CK The ... http://www.bangkoknews.net/index.php/sid/215243344/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 05:51:38 -0400 http://www.bangkoknews.net/index.php/sid/215243344/scat/f90d16c28a9b5294 By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Oil prices rose Monday ahead of a critical meeting of U.S. central bank policymakers later in the week. Benchmark oil for July delivery rose 28 cents to $98.14 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract for July delivery rose $1.16 to close at $97.85 a barrel on the Nymex amid ... http://www.bangkoknews.net/index.php/sid/215243419/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 05:44:07 -0400 http://www.bangkoknews.net/index.php/sid/215243419/scat/f90d16c28a9b5294 Mon Jun 17, 2013 5:42am EDT Listed Thai firms are at risk of earnings downgrades, thanks to the prospect of weaker growth in the domestic economy, two brokerages said during a seminar on Monday. "Conditions have changed and the growth in the domestic economy may not be as good as expected," said Pattera Dilokrungthirapop, CEO of DBS Vickers Securities. DBS would probably lower average ... http://www.bangkoknews.net/index.php/sid/215243642/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 05:42:14 -0400 http://www.bangkoknews.net/index.php/sid/215243642/scat/f90d16c28a9b5294 Jakarta - Thousands of people braved heavy rain in the Indonesian capital Monday to demonstrate against the government's proposal to reduce the subsidies on fuel, raising the price at the pump by nearly 50 per cent. Parliament was to decide Monday on a revised state budget that would pave the way for an increase of 44 per cent in petrol prices, from 4,500 rupiah (45 US cents) a litre to ... http://www.bangkoknews.net/index.php/sid/215242663/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 04:57:54 -0400 http://www.bangkoknews.net/index.php/sid/215242663/scat/f90d16c28a9b5294 Commercial banks have agreed to cut transaction fees for customers using internet banking and ATM services to transfer funds. Thai Bankers Association chairman Chartsiri Sophonpanich, president of Bangkok Bank, said all commercial banks will cut fees to reduce costs to customers. Fees will be waived for customers transferring money to accounts at the same bank in a different province using the ... http://www.bangkoknews.net/index.php/sid/215242664/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 04:50:23 -0400 http://www.bangkoknews.net/index.php/sid/215242664/scat/f90d16c28a9b5294 Bangkok--17 Jun--Bangkok Bank Bangkok Bank Chairman Chatri Sophonpanich (center), President Chartsiri Sophonpanich (left) and Executive Vice President Dr. Kobsak Pootrakul (2nd from right) welcome keynote speaker, China's Ambassador to Thailand, His Excellency Guan Mu (4th from left), along with participants in the panel discussion for the 'Changing China: Implications for the World ... http://www.bangkoknews.net/index.php/sid/215242665/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 04:43:31 -0400 http://www.bangkoknews.net/index.php/sid/215242665/scat/f90d16c28a9b5294 BANGKOK, June 17. /ITAR-TASS reporter Alexei Skovoronsky /. Five soldiers have been injured today in a military helicopter crash in the province of Nakhon Nayok in the central part of Thailand, as told by local police representatives. The injured are hospitalized, one of them in a serious condition. According to the province’s governor, the cause of the accident was a technical failure. In ... http://www.bangkoknews.net/index.php/sid/215241757/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 04:01:38 -0400 http://www.bangkoknews.net/index.php/sid/215241757/scat/f90d16c28a9b5294 Growing economies lead to growing wealth, or at least it should be that way. To ensure this, generated wealth needs to be managed properly, which is getting more and more difficult due to increasing complexity in the world market for wealth ... http://www.bangkoknews.net/index.php/sid/215241936/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:45 -0400 http://www.bangkoknews.net/index.php/sid/215241936/scat/f90d16c28a9b5294 With China feeling the pressure from large-scale inflows of short-term capital, the State Administration of Foreign Exchange (SAFE) issued a notice in early May outlining a set of measures aimed at controlling "hot money" and reducing external risks. Indeed, the new regulations are essential to managing the renminbi’s rapid appreciation and ensuring the accuracy of trade data. ... http://www.bangkoknews.net/index.php/sid/215241937/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:41 -0400 http://www.bangkoknews.net/index.php/sid/215241937/scat/f90d16c28a9b5294 Thai rice businesses may see an opportunity for investment in Myanmar as its government looks to make the emerging country a major world rice exporter. Myanmar’s rice sector is being eyed by foreigners due to a range of positive factors, the most important being the government’s plan to end its five-decade absence from the global market. Myanmar’s GDP is projected to grow by ... http://www.bangkoknews.net/index.php/sid/215241938/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:37 -0400 http://www.bangkoknews.net/index.php/sid/215241938/scat/f90d16c28a9b5294 Up until last year, Malaysia's only pay-TV company was certain no one could ever break its monopoly. Some players with big ambitions had come and gone in the past, but none could shake Astro from its pole position. For nearly two decades Astro has entertained Malaysians with a variety of content offerings via its direct-to-home satellite technology, growing from fewer than two dozen ... http://www.bangkoknews.net/index.php/sid/215241939/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:33 -0400 http://www.bangkoknews.net/index.php/sid/215241939/scat/f90d16c28a9b5294 The past week was nothing but a bloodbath on the Stock Exchange of Thailand, as investors lost millions and got burnt in ways not seen in more than a decade locally. To put it in context, the SET Index in 10 trading days this month fell by about 10%, and on some days the dip was in excess of 5%. This kind of volatility was not seen even at the peak of the last global crisis of 2007-08. A good ... http://www.bangkoknews.net/index.php/sid/215241940/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:25 -0400 http://www.bangkoknews.net/index.php/sid/215241940/scat/f90d16c28a9b5294 The upbeat investment news is being overshadowed, however, by the problems the government is having in unwinding its costly fuel subsidies. Both the finance minister and President Susilo Bambang Yudhoyono have conceded that the current subsidies are no longer sustainable. Chatib told the Financial Times that petrol prices would rise by 44% to 6,500 rupiah (20.50 baht) a litre once measures to ... http://www.bangkoknews.net/index.php/sid/215241941/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:57:24 -0400 http://www.bangkoknews.net/index.php/sid/215241941/scat/f90d16c28a9b5294 Wellington - A British man who survived a fall from the 15th storey of a central city Auckland apartment building early Sunday morning has avoided paralysis and is awake and laughing, Fairfax reported on Monday. Tom Stilwell (20) from Brighton, fell after attempting to gain access to his locked apartment by climbing over the balcony of an upstairs neighbour's flat. He plummeted about 13 ... http://www.bangkoknews.net/index.php/sid/215241233/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:12:05 -0400 http://www.bangkoknews.net/index.php/sid/215241233/scat/f90d16c28a9b5294 The Stock Exchange of Thailand main index went down 3.62 points, or 0.25%, to close at 1,461.65 points at the end of the trading session this morning. The trade value was 20.98 billion baht, with 3.74 billion shares traded. The SET50 index ended at 976.10 points, down 2.77 points, or 0.28%, with a total trade value of 13.48 billion baht. The SET100 index dropped 7.08 points, or 0.33%, to stand ... http://www.bangkoknews.net/index.php/sid/215241234/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 03:04:36 -0400 http://www.bangkoknews.net/index.php/sid/215241234/scat/f90d16c28a9b5294 Fitch Downgrades Detroit, Michigan to 'C'; Default Imminent Fitch Ratings has downgraded Detroit, Michigan's unlimited tax general obligation bonds to 'C' from 'CCC', citing imminent default. The rating downgrade reflects the Emergency Manager's Proposal for Creditors, released today, stating that the city will not make the debt service payment on its ... http://www.bangkoknews.net/index.php/sid/215241061/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 02:51:36 -0400 http://www.bangkoknews.net/index.php/sid/215241061/scat/f90d16c28a9b5294 Thailand's benchmark SET index edged down 0.25 percent to 1,461.65 at midday as market players cashed in on recent gains in banking shares such as Kasikornbank Pcl and Siam Commercial Bank Pcl. The market appeared braced for a mild technical rebound to 1,480 later in the day but near-term sentiment remained bearish, said strategist Teerawut Kanniphakul of CIMB Securities ... http://www.bangkoknews.net/index.php/sid/215240941/scat/f90d16c28a9b5294 Mon, 17 Jun 2013 02:22:36 -0400 http://www.bangkoknews.net/index.php/sid/215240941/scat/f90d16c28a9b5294 Thai stocks opened up 0.15% at the start of trade this morning. The Stock Exchange of Thailand main index opened at 1,467.47 points, up 2.20 points from Friday’s close. The trade value was 1.34 billion baht, with 307.59 million shares traded. The SET50 index opened at 980.54 points, up 1.67 points, or 0.17%, with a total trade value of 908.71 million baht. The SET100 index rose 3.53 ... http://www.bangkoknews.net/index.php/sid/215238829/scat/f90d16c28a9b5294 Sun, 16 Jun 2013 23:33:01 -0400 http://www.bangkoknews.net/index.php/sid/215238829/scat/f90d16c28a9b5294 Thai composite stocks index (SET) opened on Monday at 1,449.76, down 15.51 points, or 1.06 per cent in line with most regional shares. Blue chip SET-50 index was at 967.69, down 11.18 points, or 1.14 per cent. Top five active (value) stocks: INTUCH, KBANK, JAS, CK, KTB, ADVANC. The ... http://www.bangkoknews.net/index.php/sid/215238806/scat/f90d16c28a9b5294 Sun, 16 Jun 2013 23:18:48 -0400 http://www.bangkoknews.net/index.php/sid/215238806/scat/f90d16c28a9b5294 Satellite TV operators will transmit signals in high definition (HD) to compete with other broadcasting platforms including digital terrestrial and cable. PSI Holding, the country's largest satellite dish provider, will shift its signal transmission from MPEG2 to MPEG4 systems, which will provide clearer pictures and optimise the satellite's capacity usage. "It's a ... http://www.bangkoknews.net/index.php/sid/215237384/scat/f90d16c28a9b5294 Sun, 16 Jun 2013 20:53:06 -0400 http://www.bangkoknews.net/index.php/sid/215237384/scat/f90d16c28a9b5294