BANGKOK, 16 May 2014 – The Stock Exchange of Thailand (SET) Index went up today, closing at 1,405.26.
BANGKOK, 17 May 2014, - The Industry Ministry is planning to position Thailand as the production hub for medical equipment and health products in the ASEAN region, by 2020.
SURIN, 17 May 2014, - The truth seeking committee investigating the case of the rooftop collapse of Siam Global House in Surin Province, has indicated that the building's lack of structural integrity may have been the cause of the incident on May 13th that killed six people.
Deputy Governor of the province Thaworn Kusonchat told the media of progress in the case after leading the committee to investigate the site, saying that the length of the collapsed canopy was 70 meters. He said the first 20 meters was supported by poles welded to the wall, but the remaining 50 meters was only supported by blocks of bricks without any other concrete structure to hold the canopy more firmly.
The committee also discovered that the structure had been used to display a large billboard, the weight of which may have contributed to the collapse. Surin Police officials in charge of the case revealed that the department is currently examining the evidence, adding that the building owner could be subjected to legal action for causing deaths resulting from a neglect of safety measures, if there is substantial proof that the building didn't conform with structural standards.
Representative of Siam Global House Public Company Limited however claim that the incident was an accident caused by a raging storm on the day.
BANGKOK, 17 May 2014 – The court has approved bail for Sombat Thamrongthanyawong, one of the 30 leaders of the People's Democratic Reform Committee (PDRC) wanted for insurrection, under the condition that he remain inside Thailand and refrain from instigating turmoil.
BANGKOK, 16 May 2014 – The Senate has encouraged the government to cooperate in solving political problems and finding a new Prime Minister who has full authority to administer the country.
After days of discussions with various sides about possible exit strategies for Thai politics, Deputy Senate Speaker Surachai Liengboonlertchai today issued an official statement, urging the government to help tackle the political problems by allowing reformation to take place in all aspects. He stressed that there must be a new Prime Minister and Cabinet members who had full power to run the country while hoping to receive more concrete cooperation from the current interim Cabinet without any conditions set.
Mr Surachai said the Senate would take into account all the suggestions collected so far in its decision making. He also hinted that, if necessary, the Senate might have to convene a special meeting to find the new premier based on principles of constitutional monarchy and democracy.
Meanwhile, Mr Surachai explained that the Senate needed to step in as the Election Commission and the government had not been able to settle their disagreement over issues surrounding the upcoming general election. With such political uncertainty, he said the Senate could not remain idle.
The Deputy Senate Speaker revealed that all sides participating in the recent talks shared the same view that urgent actions were needed as economic and social impacts would be substantial if the political crisis was left unattended.
BANGKOK, 17 May 2014 – The Bangkok Mass Transit Authority's (BMTA) new regulation calling for all buses to keep to the left lane and for them to stop at all bus stops came into effect on Friday, and many instances of violation were observed.
BANGKOK, 17 May 2014 – The Thai Red Cross Society is appealing for blood donations as Thailand has lately been hit by blood supply shortage.
CHIANG RAI, 17 May 2014 - The acting Prime Minister has paid an official visit to the northern province of Chiang Rai, which was struck by a 6.3 magnitude earthquake over a week ago.
LAMPANG 16 May 2014 — Local lime farmers in Lampang province have been severely affected by the current drought situation plaguing the province, seeing their production dropping significantly as a result of water shortage.
BANGKOK, 16 May 2014 – A survey conducted by the Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed that 30.7% of rice growers have turned to side jobs for income as they wait for payment owed them under the rice pledging scheme.