Latest Bangkok News
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PMs visit to Thailand to accelerate ties Indian envoy
BANGKOK: India's accelerating ties with Thailand will get a further boost with Prime Minister Manmohan Singh's brief but comprehensive visit here next week, but the long awaited FTA will not be initialled during the trip, Indian envoy to the country has said. "Thailand is keenly looking forward to this visit," Indian Ambassador to Thailand Anil Wadhwa said, adding ...
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Myanmars economy could grow 6.75 per cent IMF says
Yangon - Myanmar's economy could grow 6.75 per cent this year, driven by gas exports and foreign investments, the International Monetary Fund (IMF) said Wednesday. "The authorities' ambitious reform program is bearing fruit, with macroeconomic stability and high investor interest," said Matt Davies, who headed a visiting IMF team. It estimated the economy expanded 6.5 per ...
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Constitutional Court to decide next Wednesday whether to hold hearings for Article 68 case
The Constitutional Court is scheduled to debate next Wednesday whether to hold hearings in the case of Article 68-amendment. The judges will hold a meeting at 9:30 am to decide whether the court would summon the complainants and defendants to testify to the court or whether to consider the case right away by considering the petitions and the charter. Four petitions were submitted to the court, ...
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Vendors at doomed Rod Fai Market demand more time
Vendors at Bangkok's Rod Fai Market Wednesday held a protest at the site of the demolished market demanding the right to stay and sell goods for another six months, saying they planned to hold more negotiations with the landlord, State Railway of Thailand, soon. The protest followed Tuesday's demolition of stalls at the market by an SRT-hired contractor to clear the site for ...
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SET index drops 12.16 points
The Stock Exchange of Thailand main index went down 12.16 points, or 0.74%, to close at 1,631.27 points at the end of trading session this afternoon. The trade value was 73.25 billion baht, with 9.05 billion shares traded. The SET50 index ended at 1,081.69 points, down 9.51 points, or 0.87%, with a total trade value of 47.07 billion baht. The SET100 index fell 20.20 points, or 0.83%, to stand ...
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Durian pizza a hit in Shanghai
A restaurant in Shanghai is offering affluent middle-class Chinese with a growing taste for the exotic a popular, if unusual, dish - pizza with a Thai durian ...
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SE Asia Stocks-Singapore up on earnings hopes Thai shares fall
BANGKOK, May 22 (Reuters) - Most Southeast Asian stock markets rose to new highs on Wednesday on light to moderate volume and ahead of U.S. Fed Chairman Ben Bernanke's testimony in Congress, with expectations of improved earnings forecasts supporting Singapore shares. Singapore's Straits Times Index was up 0.3 percent at 3,454.37, reversing Tuesday's fall, led ...
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Fitch Upgrades Thailands SME Bank Affirms IBANK
U.S. Money Funds Return to Eurozone Banks U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April, although asset allocations to these institutions remain well below 2011 levels, according to Fitch Ratings. As of end-April 2013, MMF allocations to eurozone banks represented 15.1% of assets under management within Fitch Ratings'sample of the 10 largest U.S. ...
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Energy Ministry to investigate southern blackouts
The Ministry of Energy will study Tuesday evening's blackouts in all 14 southern provinces so that the findings will be served as a lesson for the future, Energy Minister Pongsak Ruktapongpisal said Wednesday. Prime Minister Yingluck Shinawatra said the government did not want to see such a widespread power outage in the South again. "I was shocked to learn about [the blackouts]. ...
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Manmohan to visit Thailand
Bangkok, May 22 : Indian Prime Minister Manmohan Singh will pay an official visit to Thailand from May 30 to 31, the Thai foreign ministry announced here ...
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South needs more power plants Egat
More power plants are needed in the South to prevent blackouts like the one that hit the region on Tuesday night, the Electricity Generating Authority of Thailand (Egat) said Wednesday. Egat Governor Sutas Patamasiriwat said the existing three plants in the South were only able to supply 1,600 megawatts of power, while the region consumes about 2,200MW. Hence, he ...
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India Thailand to ratify treaty to swap prisoners
Thailand are on the verge of ratifying a treaty, seen as extremely significant by both the countries, that would enable them to swap prisoners. There are currently 60 Indians serving terms in Thai prisons mostly on charges of drug trafficking and a few attempted murder and theft. When ratified, the 'treaty on transfer of sentenced persons' will enable the swap of prisoners which will ...
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Blackout will cost industry billions
The huge power blackout in the South on Tuesday night could cost the food and rubber processing sector about 10 billion baht, and the government must ensure it does not happen again, Federation of Thai Industries (FTI) secretary-general Tanit Sorat said on Wednesday. Mr Tanit said fisheries, rubber and frozen food producers were all immediately affected as they need electricity for processing ...
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S Korea beats Thailand at Sudirman Cup badminton championships
South Korea's Lee Yong Dae (front) and Ko Sung Hyun compete during men's doubles at the the 2013 Sudirman Cup world mixed team badminton championships against Jongjit Maneepong and Puanguapech Nipitphon of Thailand in Kuala Lumpur, Malaysia, on May 21, 2013. Lee Yong Dae and Ko Sung Hyun won 2-0. (Xinhua/Zhang ...
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NESDB chief Gold price drop temporary
The decline in the global gold price will be only temporary and will rebound on speculation that Italy and other countries in Europe may have to sell gold reserves for debt repayment, the head of the NESDB said on Tuesday. National Economic and Social Development Board (NESDB) secretary general Arkom Tempitayapaisit said he disagrees with an analyst at a foreign bank who forecast that the gold ...
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Animal lovers angry as 10000 wild horses targeted in cull
Sydney - Horse lovers warned of a "bloodbath" Wednesday as marksmen boarded helicopters to begin an aerial cull of up to 10,000 wild horses in drought-stricken central Australia. Tourists were urged to stay clear of the area near the popular Kings Canyon Resort, 320 kilometres west of the Northern Territory town of Alice Springs. The Central Land Council said the cull would centre on ...
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SET up 4.34 points midday
The Stock Exchange of Thailand main index went up 4.34 points, or 0.26%, to close at 1,647.77 points at the end of trading session this morning. The trade value was 37.39 billion baht, with 4.14 billion shares traded. The SET50 index ended at 1,093.94 points, up 2.74 points, or 0.25%, with a total trade value of 25.84 billion baht. The SET100 index rose 6.04 points, or 0.25%, to stand at ...
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Export target lowered to 7-7.5
The Ministry of Commerce has lowered its export growth target for 2013 to 7-7.5% from the previous projection of 8-9% on the back of the baht's continuing strength, Commerce Minister Boonsong Teriyapirom said on Wednesday. Mr Boonsong said the adjustment was made after a meeting of the ministry’s commercial attaches and directors of international trade offices in 62 countries. The ...
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Thai PM to address Lankan Parliament
Thailand's Prime Minister Yingluck Shinawatra is scheduled to address the Sri Lankan parliament on May 31. Prime Minister Shinawatra is scheduled to arrive in the country on May 30 on an official tour and she will be the third female state leader to address the parliament, according to sources. Former Indian Prime Minister Indira Gandhi and British Prime Minister Margret Thatcher had ...
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Photo Release The Westin Grande Sukhumvit Bangkok hosts StarChoice Movie Night
Bangkok--22 May--The Westin Grande Sukhumvit, Bangkok The sales team of The Westin Grande Sukhumvit, Bangkok, led by Juthamas Carranco, Director of Sales, recently hosted a special "StarChoice Movie Night". Members of Starwood's StarChoice marketing program enjoyed a relaxing movie night at Terminal 21, one of Bangkok's newest and most popular shopping malls located next to ...
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Cartoonist draws wrath of Thai prime minister
Police want to question a political cartoonist in a defamation case brought by Prime Minister Yingluck Shinawatra over comments he reportedly made about her on ...
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STOCKS NEWS THAILAND-Shin Corp retreats after MSCI deletion announcement
Wed May 22, 2013 12:30am EDT Shares in telecoms group Shin Corporation Pcl fell 2.6 percent to 94.25 baht after brokers said the stock would be removed from index provider MSCI's addition list as part of its semi-annual index review. MSCI announced on its website that Shin Corporation would not be added to the MSCI Thailand index because its free-float adjusted market capitalisation was less ...
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SET down 0.12 point at opening
Thai stocks opened down 0.01% at the start of trade this morning. The Stock Exchange of Thailand main index opened at 1,643.31 points, down 0.12 point from yesterday’s close. The trade value was 5.14 billion baht, with 559.44 million shares traded. The SET50 index opened at 1,090.21 points, down 0.99 points, or 0.09%, with a total trade value of 3.97 billion baht. The SET100 index fell ...
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STOCKS NEWS THAILAND-BEC World drops after block trades
Tue May 21, 2013 11:34pm EDT Shares in broadcaster BEC World Pcl dropped 6 percent to 67 baht after block trades at a lower-than-market price of 66 baht on average, according to Thai stock exchange data. BEC's shareholders planned to sell 80 million shares in block trades at 66 baht each in the morning session, broker Maybank Kim Eng Securities said in a report. The broader SET index was ...
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Microsoft unveils new Xbox Now with live TV
Seattle - Microsoft on Tuesday unveiled the next iteration of its Xbox video game console, Xbox One, in its latest bid to keep its market share in the home entertainment system market. Microsoft's current console, the Xbox 360, has overtaken the video-game machine market from both the Sony Playstation 3 and the Nintendo Wii since it was introduced seven years ago. The Xbox One will take ...










