Local news

Pheu Thai-led govt pressed to scrap Thai-Khmer MoU in 15 days

  By Thai Newsroom Reporters THE PHEU THAI-LED government has been ultimately pressed by a former Yellow Shirt activist to rescind a “treacherous” MoU reached in 2001 between Thailand and Cambodia on a profit-sharing, undersea resources development project in a 15-day period from today (Dec. 9).  Sonthi Limthongkul today submitted a fresh petition to Prime

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Local news

Mass petition against Thai-Khmer undersea project to be submitted to Govt

  By Thai Newsroom Reporters A FRESH PETITION undersigned by over 100,000 people in opposition to a Thai-Cambodian MoU on a joint undersea natural resources development project will be submitted to the Pheu Thai-led government on the upcoming Friday. Thai Pakdee chair Warong Dechgitvigrom confirmed today (Nov. 20) that the mass petition to which over

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Local news

Phumtham denies rumours of Thaksin-Hun Sen hush-hush deal on undersea scheme

  By Thai Newsroom Reporters DEPUTY PRIME MINISTER-cum-Defence Minister Phumtham Wechayachai today (Nov. 11) downplayed criticism that de facto Pheu Thai boss Thaksin Shinawatra and former Cambodian prime minister Hun Sen had mutually made a secret deal over a contentious, profit-sharing undersea resources development scheme in an upper part of the Gulf of Thailand. Phumtham,

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Local news

Thai-Khmer MoU on joint undersea resources scheme deemed ‘unconstitutional’

  By Thai Newsroom Reporters THE THAI-CAMBODIAN Memorandum of Understanding made in 2001 in regard to a joint undersea natural resources development scheme may be deemed “unconstitutional” and finally declared null and void by Thailand, said Palang Pracharath Secretary-General Paiboon Nititawan today (Nov. 7). Given a sustained controversy over the legitimacy of the MoU undersigned

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Business Real estate

Builder Italian-Thai Development flags cash flow issues, seeks bank loans

  By Reuters and published by CNA THAILAND’S largest builder Italian-Thai Development is negotiating with banks for new loans due to cash flow issues that have prompted it to make partial salary payments, the company said yesterday (Mar. 13). Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than

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Analysis

SDGs will fail to meet 2030 target, but travel & tourism can still be a big help

  THE “unfavourable global context” has rendered the 2030 target for the UN Sustainable Development Goals unachievable, according to a UN report. Although considerable progress has been made across all the 17 goals, it is “uneven and inadequate” across countries and categories, and will not be fully achieved until 2062. The progress report was released

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