BANGKOK, 12 February 2014 The Ministry of Commerce is set to auction 460,000 tons of pledged rice today in a bid to secure funds to pay farmers in the scheme.
BANGKOK, 12 Feb 2014, The Office of Transport and Traffic Policy and Planning has prepared four high speed train projects to be proposed to the next government despite the fact that the current administration’s 2.2 Trillion baht infrastructure development projects have been put on hold.
BANGKOK, 11 February 2012 The World Bank has projected economic growth of 4% in Thailand this year and indicated that exports will be the driving force of the economy amid the political standoff.
World Bank Country Director for South East Asia Ulrich Zachau said the bank’s latest report on the Thai economy suggested that the country would see 4% growth in 2014 mainly due to the recovering global economy which would lead to 6% growth in the Thai export sector. However, the bank warned that the 2014 Thai economic expansion might decrease if the political crisis dragged on until a new government could not be formed.
The political factor was still difficult to predict but strong fundamentals of the Thai economy would offset the tendency for a recession, said the director.
World Bank senior economist Kirita Phaophichit also remarked that the Thai economy grew by just 1.3% in the fourth quarter due to slowdowns in exports, domestic consumption, investment and government spending. Although the political impasse had not affected the macro economy, it had undermined confidence, especially in the tourism sector, she said.
BANGKOK, 12 Feb 2014, The Bangkok Mass Transit Authority (BMTA) has advised a Terms of Reference (TOR) Meeting that it would buy 3,183 NGV buses this May, anticipating the first group to be delivered at the end of this year.
BANGKOK, Feb 12 – The government will renegotiate with commercial banks for loans to pay farmers who sold rice under the state subsidy scheme, according to caretaker Deputy Prime Minister Niwatthamrong Boonsongpaisan.
SONGKLA, 12 February 2014 Religious leaders in Songkla have conducted burial rites for 5 Rohingya immigrants who died during their detention in the province.
BANGKOK, 12 February 2014 The Election Commission has resolved to hold the election re-runs on April 27 in the 21 provinces that could not conduct polling in some or all of their constituencies on February 2.
PHITSANULOK, 12 February 2014 People still flooded to the 18 passport offices throughout the country, on the 2nd day of service resumption, prompting officials at some of the offices to stop giving out queue numbers since the first hour of service on Tuesday.
PHITSANULOK, 12 February 2014 The annual multilateral military drill, Cobra Gold 2014, has kicked off in Phitsanulok Province, with the armed forces of Thailand, USA, and other nations participating.
BANGKOK, 12 February 2014 The Thai Red Cross Society in collaboration with diplomatic spouses in Thailand will host the 47th Diplomatic Red Cross Bazaar 2014 on March 1-2, at the Royal Paragon Hall on the fifth floor of Siam Paragon.
The bazaar will be held under the theme: Shop-Share-Show, with an aim to raise funds for the Thai Red Cross Society to support its mission to help deprived children, victims of natural disasters and people who are facing hardship throughout the country.
Her Royal Highness Princess Maha Chakri Sirindhorn, as the executive Vice President of the Society, will preside over the inauguration ceremony of the bazaar on March 1.