Thai PM mulls early elections

The Thai prime minister says his government may hold early elections in 2011 if the country’s Red Shirt opposition movement does not stage more protests. “We believe that six more months of continued stability… should be able to set the scene for a possible early election next year,” he told the Council on Foreign Relations […]

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Widespread Cheating Uncovered in Royal Thai Police Exams

Revelations of widespread corruption and cheating in Royal Thai Police examinations have been uncovered in the Thai press this week. Reports stipulate that numerous non-commissioned officers taking the commissioned officer examinations were paying for their pass grade and using an unnamed telephone receiver/transmission device to assist in cheating on the exam. Thailand, the 24th of […]

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Thai Baht Retreats From 13-Year High on Intervention Risk

Sept. 23 (Bloomberg) — Thailand’s baht retreated from a 13-year high on concern policy makers will step up efforts to curb appreciation that threatens exports and tourism. The currency has strengthened 5.6 percent this quarter, Asia’s best performance, as overseas investors pumped more than $1.4 billion into the nation’s shares. Net purchases yesterday totaled $138 […]

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Thai Govt may revoke emergency rule in some provinces

BANGKOK, 22 September 2010 (NNT) – Prime Minister Abhisit Vejjajiva remarked on Wednesday that the Emergency Decree will definitely be revoked in some provinces and that situations in the remaining provinces will be under close monitoring. Following the government’s decision to extend an expiring decree effective in seven provinces including Bangkok, Pathum Thani, Nonthaburi, Samut […]

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PTT Thailand Told To End Carrefour Bid

The government ordered PTT on Tuesday to end its bid to buy Carrefour’s retail assets in Thailand, saying the state-controlled company should not be competing with private firms. Deputy Government Spokesman Watchara Kannikar said the Cabinet considered it inappropriate for PTT – as a state-owned company – to be competing with private companies to bid […]

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