Business

Central bank raises key rate, trims growth outlook on global slowdown

By Reuters and published by CNA THAILAND’S central bank raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day

Read more
Local news

Most Esaan constituents prefer Thaksin’s daughter for PM: Poll

  By Thai Newsroom Reporters MOST NORTHEASTERN CONSTITUENTS, commonly known as Esaan villagers, would prefer Paetongtarn Shinawatra, daughter of de facto Pheu Thai Party boss Thaksin Shinawatra, for prime minister after the next general election, says an opinion poll. According to Khon Kaen University’s Esaan Centre for Business & Economic Research poll recently conducted with

Read more
Local news

Police zeroing in on nominees holding assets for Chinese grey capitalists

POLICE have searched 11 targeted places linked to the network of Chinese grey capitalist Mr. Chaiyanat Kornchaiyanant, alias Tu Hao, who was earlier arrested on drug charges, and are now investigating the nominees holding these assets for them, Thai Rath newspaper said this afternoon (Nov. 30). Deputy National Police Chief Pol. Gen. Torsak Sukwimol said

Read more
Life

Agency taking action after 1,000 rai of corals found to be diseased

  THE DEPARTMENT of Marine and Coastal Resources is moving to declare a protected area and recruiting volunteers to help tackle the spread of yellow-band disease among corals spread across a thousand rai, or around 20 kilometres, off five upper and central Gulf of Thailand provinces, Matichon newspaper said. Mr. Atthaphon Charoenchansa, the department’s head,

Read more
Local news

Anti-Apec group submits letter to 8 embassies on quelling demonstration

  REPRESENTATIVES of the People Stop Apec group submitted a letter to eight embassies today (Nov. 28) on the violence used by government officials in dispersing their protest march on Dinso road on Nov. 18 and urged their leaders to take a stance on this incident, Matichon newspaper said. The embassies are France, Malaysia, Canada,

Read more