BANGKOK, Aug 7 – A senior army officer has called on the public not to abruptly jump to conclusions in the case of six people killed at Wat Pathum Wanaram during the 2010 political upheaval in Bangkok.
Thailand’s rice exports in the first two quarters dropped by 8.4 percent and the prospects in the second half of the year remain bleak, according to a leading rice trader.
The Thai government should adopt a policy of reducing rubber production and compensate planters for the lost revenue in an attempt to salvage declining rubber prices, a leading rubber planter said last week.
Damage from the oil slick from an offshore pipeline in the sea off Rayong was preliminarily estimated at Bt100 million baht on Samet Island alone, a leading tourism industrialist said Aug. 1.
Thailand’s inflation in July was 105.42, a 2 percent increase year-on-year, according to permanent secretary for commerce Vatchari Vimooktayon.
She said the inflation was slightly down from June, which was up by 2.25 percent and pressure on inflation has lessened given six consecutive months of slowdown, while prices of fresh foods were on the decline.
The price index of food and non-alcoholic beverage sector was 2.81 percent higher due to a 4.43 percent increase in prices of vegetables and fruit, as well as an increase of 4.41 percent for eggs and milk, while retail prices of fuel have not been adjusted.
The prices of 158 items of merchandise were higher, 93 items lower and 100 items unchanged, contributing to an average inflation at 2.60 in the first seven months of the year, which was lower than predicted.
The overall inflation may be 2.80-3.40 percent lower than forecast in accord with the economic slowdown.
Vatchari said the gradual increase of liquefied petroleum gas by 50 satang per kg from September until the end of the year will affect inflation by only 0.006 percent per month,
She called on the public to be more careful in their spending despite a belief that most traders will not increase the prices of their goods.
BANGKOK, Aug 7 – The opposition Democrat Party will launch a counter attack if the government insists on wrapping up the debate on the amnesty bill within today, a party executive said.
BANGKOK, Aug 6 - Concerns on Thailand's political situation dragged down last month's Consumer Confidence Index (CCI) to its lowest in the past seven months to 80.3, according to the University of the Thai Chamber of Commerce (UTCC) Economic and Business Forecasting Center.
BANGKOK, Aug 6 – Thailand's cabinet today approved a new stimulus package in response to the country's continued economic downturn and a last-ditch attempt to maintain Thailand’s economic growth at 4.5 per cent this year.
BANGKOK, Aug 7 – Manufacturers of infant dairy milk in Thailand are required to report to the Public Health Ministry by tomorrow on the origins of their imported dairy products, according to a senior official of the Food and Drug Administration (FDA).
BANGKOK, Aug 6 – Substandard pipeline or an error during oil transfer from a ship to the pipeline could possibly be the cause of the oil slick from an offshore platform in Rayong province, according to a investigative official of the Department of Special Investigation (DSI).