MCOT

BANGKOK, May 1 – Thailand’s inflation in April was reported at 104.9 -- a 2.42 per cent increase year-on-year due to higher food prices, the permanent secretary for commerce said today.

BANGKOK, May 2 – Thailand and China will develop trade relations to reach a combined value of US$100 billion in the next three years, the Thai deputy prime minister/foreign minister said on Wednesday.

AYUTTHAYA, April 30 - Several sections of the bridge over the Pa Sak River which collapsed Sunday were not up to standard, according to engineering experts.

NARATHIWAT, April 30 - A presumed insurgent was shot dead during a clash of unidentified armed men with an Army Ranger patrol on a mountain in the southern province of Narathiwat.

BANGKOK, April 30 – Thailand must wait and see if violence in the far South diminishes before the next round of peace talks with militant leaders on June 13, a high-level security official said today.

BANGKOK, April 30 – Thailand’s Criminal Court ruled today that a soldier who died during the anti-government red shirt protest in 2010 was hit and died as a result of so-called ‘friendly fire,’ a military bullet coming from another soldier.

BANGKOK, April 30 – Thailand’s Prime Minister Yingluck Shinawatra insisted today that her speech on democracy, made at an international forum in Ulan Bator, Mongolia, was aimed at preventing a future coup in Thailand, and not to clear her brother of offences as she has been widely accused.

Thailand’s international reserves decreased by US$800 million (Bt23.4 billion) as of April 19 compared to the previous week, the Bank of Thailand (BoT) reported.

The Finance Ministry has adopted a new fiscal policy of issuing savings bonds instead of inflation-linked bonds, a senior official said last Friday.

Permanent Secretary for Finance Areepong Bhoocha-oom said the government has generated Bt40-50 billion from inflation-linked bonds which have attracted foreign investors.

The Bank of Thailand (BoT) was instructed to discuss with the Monetary Policy Committee (MPC) measures to slow down foreign capital inflow and tame the surging Thai baht, according to the deputy prime minister and finance minister.

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