BANGKOK, 3 September 2010 (NNT) – The Thai baht currency has continued to strengthen on massive foreign capital inflow, standing at 31.13 THB/USD, according to latest reports. A financial expert of Ayudhya Bank Plc, stated today that the Thai Baht has opened at 31.14/15 THB/USD, appreciating slightly from yesterday’s closing of 31.15/16 THB/USD. The currency is likely to grow continuously [...]

BANGKOK, Sept 1 – Thailand’s Deputy Prime Minister Suthep Thaugsuban said on Wednesday a grenade attack at a state-operated television station may have a connection with earlier grenade incidents at Yellow Shirt demonstrations at Government House two years ago. Mr Suthep said he has ordered tightened security measures at both media and government offices. The deputy prime minister, who supervises [...]

The Thai government has issued a warning to the public about possible attacks on politically relevant locations in September. Acting Government Spokesperson Panitan Wattanayagorn said of yesterday’s M-79 grenade attack at the National Broadcasting Television station in Bangkok that the security situation is being closely monitored by security authorities. However, Panitan commented that if the grenade was fired from an [...]

The lawyer acting for Russian arms dealer Viktor Bout submitted a petition to Prime Minister Abhisit Vejjajiva on Monday against the extradition of his client to the United States. Lak Nitiwattanawichan requested better protection for Mr Bout and also that the government abide by the laws pertaining to extradition. The unfair extradition of Mr Bout could be detrimental to his [...]

Thai Foreign Minister Kasit Piromya will meet on Monday Montenegro’s high ranking officials including president and prime minister in a bid to boost the bilateral cooperation and relations. One of the topics expected to be raised when they meet in the capital of Podgorica is about runaway ex-Thai prime minister Thaksin Shinawatra who is holding Montenegrin citizenship. Thaksin was given [...]

BANGKOK, 25 August 2010 (NNT) – Thai Ambassador to Cambodia Prasas Prasasvinitchai has returned to Phnom Penh to resume his duties. The Thai government is taking its first step on the bilateral relations restoration effort after Cambodia has confirmed the resignation of self-exiled ex-premier Thaksin Shinawatra as its Economic Advisor. Speaking upon his return, Mr Prasas said he was glad [...]

A key leader of the People’s Alliance for Democracy asks the government to be aware of new moves by ousted premier Thaksin Shinawatra to instigate chaos Core leader of the People Alliance for Democracy, Sondhi Limthongkul, said current low profile of fugitive former premier Thaksin Shinawatra may contrarily suggest he is engineering a new campaign against the government. Sondhi believes [...]

On Sunday, about three hundred members of Thai United Front for Democracy against Dictatorship (UDD), gathered in Chiang Mai in an anti-government rally. The demonstrators lay down on the ground and staged a theatrical play to mock the military who clamped down on red shirted protesters in Bangkok earlier in 2010. Most of the demonstrators are women and elderly residents [...]

BANGKOK -(Dow Jones)- Thailand’s Finance Ministry is preparing the details of a Thailand-China joint venture for a railway project in Thailand, Finance Minister Korn Chatikavanij said Friday. The ministry expects to deliver the proposal to Prime Minister Abhisit Vejjajiva before the premier visits China on Sept. 4, Korn said. NASDAQ Share

BANGKOK, 20 August 2010 (NNT) – Thailand’s Appeal Court on Friday ordered the extradition of suspected Russian arms smuggler, Viktor Bout, to the US. Mr Bout, a 43-year-old former Soviet air force officer, is known as one of the world’s leading arms dealers. He was arrested in Bangkok in 2008 for allegedly supplying weapons for the Revolutionary Armed Forces of [...]