Thailand News
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01/07/2009 Tourism operators say business worsens this year
The global economic slowdown coupled with domestic political problems and the spread of the Influenza A (H1N1) have further depressed Thailand’s tourism business this year, according to a survey.

01/07/2009 Inflation contracts for 6th consecutive month: Commerce Ministry
Thailand's inflation rate in June contracted by four per cent, compared with the same period last year, according to the Commerce Ministry.

01/07/2009 Exports projected to recover in 3rd and 4th quarters
Thailand’s exports in the third and fourth quarters of this year are expected to recover because purchase orders have begun to gradually increase, according to the Thai Chamber of Commerce (TCC).

01/07/2009 Industrial production index continues to shrink in May
Thailand’s industrial production index in May continued to shrink, declining by 12.39 per cent from the same month last year, but shows some signs of recovery, according to the Industrial Economics Office (IEO).

01/07/2009 Thai PM to carry his programmes to the Northeast, North
Despite threats by protesters to rally against the government wherever ministers visit, Prime Minister Abhisit Vejjajiva reaffirmed his plans to visit northeasterners in mid-July, according to Satit Wongnongtaey, Minister to the Prime Minister’s Office.

01/07/2009 Police wrap up airport seizure case; Filing charges mid-July
Police are wrapping up their cases relating to the seizure of Bangkok’s two commercial airports to file charges against those responsible later this month.

30/06/2009 BoT: Economic trends to improve; Business confidence index to rise
Thailand’s economy is expected to have hit bottom and the business confidence index is projected to increase to 50.2 in the next three months, its first rise in 15 months, a senior Bank of Thailand (BoT) official said on Tuesday.

30/06/2009 Industry minister leaves for Seoul on investment promotion mission
Thailand’s Industry Minister Charnchai Chairungrueng left Tuesday on a five-day visit to South Korea to persuade business interests there to invest more in Thailand and to officially open a Board of Investment (BoI) office in Seoul.

30/06/2009 Industry minister upbeat about investment promotion applications
Industry Minister Chanchai  Chairungruang on Monday voiced confidence that applications for Board of Investment (BoI) investment promotions this year would reach Bt650 billion if the political situation would stablise.

30/06/2009 Thai economic recovery depends on stimulus measures
Thailand’s sagging economy requires state economic stimulus measures to recover during the next one and a half years, according to a top Thai banker.

30/06/2009 Thai PM: Delayed Preah Vihear temple registration could solve problems
Thai Prime Minister Abhisit Vejjajiva said on Tuesday he believed a delay in registering ancient Preah Vihear temple on the Thai-Cambodian border as a World Heritage Site could allow the two countries to be able to solve other border problems.

30/06/2009 PM says Thaksin should return to Thailand, serve sentence
Thai Prime Minister Abhisit Vejjajiva said on Tuesday he had heard that convicted former prime minister Thaksin Shinawatra is now living in an Asian country and suggested that the ex-premier should return to Thailand and serve his jail sentence.

30/06/2009 Cabinet to invoke special law in Phuket during regional summits
Thailand’s Cabinet on Tuesday agreed in principle to enforce the Internal Security Act on the southern resort island of Phuket during the ministerial meeting of the Association of Southeast Asian Nations (ASEAN) meetings there next month.

29/06/2009 PM: By-election results unsuprising
Prime Minister Abhisit Vejjajiva said on Monday he was not surprised that the opposition Puea Thai Party had won a by-election over the weekend as northeasterners still love convicted former prime minister Thaksin Shinawatra.

28/06/2009 Thailand to open investment promotion office in Korea
Industry Minister Charnchai Chairungrueng leaves Tuesday for a five-day visit to persuade South Korean business interests to invest in Thailand, and to open a Board of Investment (BoI) office in Seoul, the South Korean capital.

28/06/2009 Unofficial result in Si Sa Ket by-election expected Sunday night
Unofficial results of Sunday’s by-election in the northeastern province of Si Sa Ket on Sunday are expected to be known at around 9pm, according to Election Commission (EC) chairman Apichart Sukhagganond.

28/06/2009 PM Abhisit optimistic tensions at Thai-Cambodian border will ease
Tension along the Thai-Cambodian border should ease following Saturday’s talks between Deputy Prime Minister Suthep Thaugsuban and Cambodian Prime Minister Hun Sen, according to Prime Minister Abhisit Vejjajiva, who spoke on Sunday.

28/06/2009 Thai PM: House can be dissolved; Settle problems first
Prime Minister Abhisit Vejjajiva said Sunday that dissolving the House, as demanded by anti-government protesters is “no problem,” but the political and economic problems facing the country must be solved first.

28/06/2009 Protesters set deadline for government to dissolve House; Seek Royal pardon for Thaksin
Anti-government protesters loyal to fugitive, ousted former prime minister Thaksin Shinawatra, seeking a Royal pardon for the ex-premier have demanded that the current coalition government dissolve the House within one month.

28/06/2009 Interest spread narrows in first quarter: BoT
Bank of Thailand (BoT) Assistant Governor Krirk Vanikkul on Wednesday indicated that the interest spread between lending and deposit rates had already narrowed following the gradual reduction of the policy interest rate.


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