Foreign arrivals set to dip if protests turn violent, says top economist

BANGKOK, Mar 11 (TNA) – The number of foreign arrivals in Thailand will drop below what many expected if the anti-government Red Shirt protests during March 12-14 turn violent, according to a leading economist. Siam Commercial Bank Executive Vice President Sethaput Suthiwart-naru said the SCB Economic Intelligence Center (EIC) earlier projected that the number of […]

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Bank of Thailand Keeps Interest Rate at Five-Year Low

March 10 (Bloomberg) — Thailand kept its benchmark interest rate unchanged for a seventh meeting, refraining from following neighbor Malaysia in raising borrowing costs as political protests threaten the nation’s economic recovery. The government plans to invoke the Internal Security Act to control anti-government protests this weekend, amid concerns political unrest will hurt an economy […]

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Shinawatras flee country before rally

Family said to fear being held hostage Members of Thaksin Shinawatra’s immediate family have left or are leaving the country ahead of this weekend’s rally by supporters of the fugitive former prime minister. Thaksin’s former wife Potjaman na Pombejra and their son Panthongtae Shinawatra left for Hong Kong on Monday while their two daughters Ms […]

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Thailand to Impose Security Law For Rally

BANGKOK (Reuters) – The Thai government plans to invoke a tough security law, giving the armed forces broad powers to control a rally in Bangkok by supporters of former Prime Minister Thaksin Shinawatra, a minister said on Monday. The Internal Security Act (ISA) allows the country’s top security agency, the Internal Security Operations Command, to […]

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Thaksin urges people to join UDD rally

Fugitive former prime minister Thaksin Shinawatra on Saturday posted a message on his Twitter account, calling on people who love democracy and justice and those who think he is being treated cruelly to join the ‘March on March 14’ anti-government campaign of the red-shirt United Front for Democracy against Dictatorship (UDD). “We have to be […]

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