News
Made in ASEAN initiative on the cards
Thailand is set to team up with the Japan External Trade Organization (Jetro) and ASEAN members to push forward the Made in ASEAN initiative, making certain products to the same quality standards. Keep reading ...
Thai PM blames past policies for drought
Prime Minister Prayut Chan-o-cha has blamed past policies that heavily promoted cash crops as a root cause of floods and drought. Commenting in the latest government’s newsletter, Gen Prayut said growing cash crops without controls leads to the destruction of forests and watershed areas, and even affects ...
Water to be stored in 36 disused mines
Thailand’s Primary Industries and Mines Department is preparing 36 disused mines for water storage to help address the drought crisis. If the mines can be used as planned, their combined capacity will be 166 million cubic metres, said director-general Chat Hongtiamchant. He said his department found 36 ...
Thai rice exporters pessimistic about market prospects
Thai rice exports are expected to have another difficult year as the world market is likely to be volatile amid foreign exchange and oil price risks, according to exporters. Charoen Laothammatas, president of the Thai Rice Exporters Association, said the association projected shipments would slip to 9 ...
Thai bank buys Cambodian MFI in mammoth deal
In what may be the biggest deal in Cambodia’s financial sector history, Thailand-based Bank of Ayudhya has reached an agreement to acquire the local microfinance institution (MFI) Hattha Kaksekar, with the deal expected to be valued at upwards of $140 million. In a statement released on ...
Meeting on Cambodia-Thai border has crime focus
Senior officials from Cambodia’s Defence Ministry will leave for Thailand on 28 January for the 11th General Border Committee, which aims to strengthen cooperation between the two countries, particularly on cross-border crime. Keep reading ...
Thailand retains ranking in Corruption Perception Index
The 2015 Corruption Perception Index for Thailand as reported by Transparency International ranked Thailand at 76th, at the same as the previous year with a score of 38 out of 100, according to the annual report released on 27 January. Keep reading ...
Villagers demand government settle Phuket land row
A sea gypsy community in tambon Rawai of Phuket’s Muang district on 27 January demanded the government fast-track multiple legal disputes over land plots between them and the private sector after their access to the sea was blocked. The move came after more than 100 men blocked a ...
Lower rice exports anticipated
The Thai Rice Exporters Association expects a decrease in the volume of rice exports this year. Keep reading ...
Thai Government approves B52.82bn budget to join AIIB
The Thai cabinet approved a budget of 52.82 billion baht on 26 January to join the China-led Asian Infrastructure Investment Bank seen as a rival to the US-led World Bank, government spokesman Sansern Kaewkamnerd said. Keep reading ...
