News

Thai PM coy on plans to join TPP

Prime Minister Prayut Chan-o-cha on 7 August poured cold water on a call by an American business lobby group urging Thailand to join the controversial Trans Pacific Partnership (TPP) trade pact.  The premier said the pros and cons of the new trade bloc need to be considered ...

Governor orders assistance for Phuket flood victims

Residents at Nai Yang are stacking sandbags around their homes amid fears that floodwaters that have yet to subside from torrential downpours over the weekend will rise even further with more rain forecast for Phuket in the coming days. The Nai Yang community was awash with ...

Thai border community donates aid worth 750 million Kyat to Burma’s flood victims

Thai people from Thailand’s border province of Tak, have donated aid worth 750 million kyat in relief items through the Mae Sot-Myawaddy border crossing in Karen State for the people affected by the severe flooding throughout Burma. Mr Sumchai Katiyasanti, governor of Tak province, said all ...

CP, ThaiBev line up for Thailand train deals

Charoen Pokphand Group, Thailand’s largest agro-industrial and food conglomorate, will propose a 150-billion-baht investment plan for a high-speed train linking Bangkok, Pattaya and Rayong this month, Transport Minister Prajin Juntong says. Keep reading ...

Laos, destination in illegal ivory trade, so far eludes global crackdown

When the authorities in Thailand recently intercepted huge stashes of ivory stuffed inside shipments of beans and tea leaves, the seizures were described as groundbreaking international police work. But there was a major omission in the operation, which took place over the past four months and uncovered ...

Foreigners flee Thai stocks

Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...

Jungle Vegas: How China's gamblers are pouring into a casino in Laos' notorious Golden Triangle

Kings Romans, a Chinese-owned casino complex in Ton Pheung district, Bokeo, is the centrepiece of a 10,000-square metre “Golden Triangle Special Economic Zone” set up by communist-ruled Laos with investment from its giant neighbour. The other Golden Triangle nations, Thailand and Myanmar sit just across river, ...

8 fishing 'slaves' pulled from Thai boat in PNG

Authorities in Papua New Guinea have rescued eight fishermen held on board a Thai-owned refrigerated cargo ship, and dozens of other boats are still being sought in response to an Associated Press report that included satellite photos and locations of slave vessels at sea. Two Myanmar ...

Thailand wants to buy submarines from China, US wary of growing relationship between military junta and Beijing

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters, the Bangkok Post ...

Megaprojects biggest risk seen

Fund managers estimate the Stock Exchange of Thailand index will hover between 1,350 and 1,559 points this year, with public investment in infrastructure projects the biggest risk factor. The big question is whether the government will be able to invest in infrastructure projects as planned, said ...

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