Thailand’s foreign debt rose to a record high of US$119 billion or Bt3.6 trillion in March, but the Bank of Thailand insists the country’s external exposure is balanced by asset holdings.
The central bank’s data revealed that the outstanding foreign-currency debt of all sectors, except its own, showed an increase from the previous month. It attributed [...]
The head of a delegation of the Organisation of the Islamic Conference yesterday condemned the violence in the Muslim-majority South and urged the government to lift the controversial Emergency Law.
OIC Ambassador Sayed Kassem el-Masry said during a visit to Yala that his organisation condemned violence against innocent people, regardless of who is behind it, and [...]
Ruling party to have DSI investigate ‘questionable and illegitmate’ deal
The ruling Pheu Thai Party will today ask the Department of Special Investigation to investigate the Bt190-billion, 30-year contract that the city recently “rushed” to give to a company to continue operating the Skytrain system.
“We believe the contract for the Bangkok Mass Transit System is illegitimate,” [...]
Members aim to submit a draft amendment to Parliament on June 27
A group seeking amendment to the lese majeste law is stepping up its campaign following the death of an elderly man detained in a case in which he was found guilty of sending text messages deemed offensive to the monarchy.
The Campaign Committee for the [...]
The traditional soothsayers predicted an abundance of food production and an average supply of water during the coming rice growing season in Wednesday’s royal ploughing ceremony marking beginning of the planting season.
Thai News Agency reported that the ceremony, held at Sanam Luang ceremonial ground, was presided over by HRH Crown Prince Maha Vajiralongkorn.
The sacred oxen [...]
An explosion from a cooking gas leak at a steak restaurant in Bangkok’s Ratchathewi district injured seven people Wednesday.
Police and 10 fire engines answering an emergency call arrived at 12pm at the Bangkok Grill, in Soi Rang Nam, to find the restaurant on fire, its glass frontage shattered by the explosion and the kitchen gutted.
Four [...]
A blaze destroyed 15 houses in Bangkok’s Wat Yuan community Wednesday, leaving five people suffering smoke inhalation and burns.
Responding to the emergency call, 20 fire engines rushed to the scene on Luk Luang Road and were able to bring the blaze under control in about an hour. Initial investigation identified a wooden house belonging to [...]
The Bangkok Metropolitan Administration could face criminal punishment for expanding the Skytrain concession without following proper procedures, as it contravenes the Public-Private Joint Venture Act, deputy government spokesman Anusorn Eiamsa-ard said yesterday.
Krungthep Thanakom Co, the investment arm of the city, last week signed the Bt190-billion contract for BTSC, a unit of BTS Group Holdings Plc, [...]
The ongoing war of words between those responsible for Thai anti-narcotics efforts and the senior leader of an armed Karen minority group would come to an end if the Myanmar authorities got involved and took care of the matter.
Deputy Prime Minister Chalerm Yoobamrung said yesterday the dispute would not affect bilateral relations as it was [...]
The massive explosion at the factory of a Bangkok Synthetics subsidiary that killed 11 and injured another 129 people on Saturday has prompted the Industrial Estate Authority of Thailand (IEAT) to examine 65 hazardous factories in Map Ta Phut Industrial Estate.
The Pollution Control Depart-ment (PCD) has also called on manufacturers in the estate to reveal [...]
