MCOT

About 66.5 percent of respondents in a survey conducted recently by Bangkok University’s Bangkok Poll said they are worried over the rising cost of living in Thailand.

The survey on 1,194 people nationwide showed that 37.3 percent of total respondents were stressed over falling prices of agricultural products, followed by the narcotics problem at 36.7 percent, and 33.9 percent indicated social divisiveness over political differences.

Some 34.7 percent of the total respondents said they wanted the government to solve the high cost of living, followed by 18.2 percent who wanted the government to shore up agricultural product prices, 15 percent indicated suppressing corruption, 10.5 percent on solving drugs and crime, and 9.9 percent on resolving social divisiveness.

After the government having administered the country for almost two months, 57.3 percent of the total respondents said they were satisfied with the performance of Gen Prayuth Chan-o-cha’s administration.

About 55.5 percent of the respondents admitted they have become less stressed over political differences among people in the country now, compared to before the military seized power in the May 22 bloodless coup.

Surprisingly, 31 percent of respondents claimed they had never been stressed over Thai politics.

PATTANI, Oct 13 -- Primary education officials in this insurgency-impacted southern province met urgently early today with directors of six schools burned by insurgents on the weekend in the hope of finding temporary classrooms for the affected students. 

BANGKOK, Oct 13 --   As the political situation in the country has improved, Tourism and Sports Minister Kobkarn Wattanavrangkul projects that the number of tourists during calendar 2014 would reach 24.9 million persons while the country would earn at least Bt1.85 trillion.

BANGKOK, Oct 13 -- Bank of Thailand (BoT) Governor Prasarn Trairatvorakul has told foreign journalists that he is confident Thailand’s gross domestic product (GDP) will grow next year due to its potential, according to BoT spokesman Chirathep Senivongs Na Ayudhya.

Mr Chirathep said Mr Prasarn told foreign media in an interview on the sidelines of the 2014 Joint World Bank-IMF Development Committee meeting in Washington that Thailand’s political situation has now eased and it should help domestic consumption return to normal.

Spending in Thailand, which had slowed earlier during the unrest, should return to normal while the private sector should gain from government investment, and both would assist in boosting the economy in 2015, Mr Prasarn was quoted as telling the international media.

In addition the interim government is accelerating to reform state enterprises, local energy prices and shoring up agricultural products without government subsidies, said Mr Prasarn.

These measures should help strengthen the country’s competitiveness, he said.

On worries by foreigners regarding foreign direct investment in Thailand, Mr Prasarn told the international media that projects seeking promotional privileges from the Board of Investment had risen noticeably.

These are significant projects such as investment in manufacturing eco cars, food processing and alternative energy.

WASHINGTON, Oct 14 - Lydia Ko, the South Korean-born teenage golfer from New Zealand, was named one of the 25 most influential teens of the year by the Time magazine on Monday, along with the two daughters of U.S. President Barack Obama.

"After going pro last year, Ko now ranks third among women golfers worldwide, sparking interest in the sport 'not just in her native South Korea and adopted homeland of New Zealand but also among juniors across the globe,' as golf legend Annika Sorenstam wrote in this year's Time 100," the magazine said.

In April, Ko, 17, was named one of the 100 most influential people in the world.

Ko is also the youngest millionaire in the history of LPGA, the Time said.

The other influential teens included Obama's daughters -- Sasha Obama, 13, and Malia Obama, 16.

Malia has emerged as a figure of national interest, the magazine said, adding that her appearance at Chicago's Lollapalooza Music Festival caused almost as much of a stir as the musicians themselves, and her name has spiked in popularity after her father's election.

Sasha has become an icon in her own right, it said.

"After (Sasha) being photographed in a unicorn sweatshirt, the style sold out at the fashion shop ASOS in a matter of days," it said.

HANGZHOU, Oct 14 Tmall International, Alibaba's platform that provides commodities produced or sold in overseas markets, announced on Monday that it will offer free delivery worldwide for products ordered on Nov. 11, an annual day of online shopping promotions in China.

The move is part of Alibaba's strategy of developing business abroad after its historic New York IPO on Sept. 19 raised 25 billion U.S. dollars and made Alibaba the world's second-largest Internet company in market value.

The only goods not included in the free delivery deal for the "Double 11 Shopping Festival" will be very large items.

"When Alibaba held roadshows [for the IPO], everybody asked when the Double 11 festival would go global," said Wang Yulei, president of Tmall.

"The first step to go global is to make everyone able to buy things from Britain, Germany, United States or Japan at home," he said.

Tmall International, launched on Feb. 19, has attracted thousands of global brands to set up stores on Tmall, China's largest business-to-consumer platform.

Online marketplaces Tmall and Taobao, both owned by Alibaba, saw transactions totaling 35 billion yuan (5.7 billion U.S. dollars) during last year's Double-11 Shopping Spree, the Chinese equivalent of Cyber Monday.

KUALA LUMPUR, Oct 14 - The 10th Asia-Europe Meeting (ASEM) Summit from Oct 16-17 in Milan, Italy, is expected to come up with more Free Trade Agreements (FTAs) between the European Union (EU) and Asean countries, especially Malaysia, in the financial sector.

The Ambassador and Head of the Delegation of the European Union to Malaysia, Luc Vandebon, said trade opportunities have been increasing between the EU and Asean, due to liberalisation policies and would advance even further with FTAs.

"Asean countries can also learn from the success and failures of the EU, and how European countries tackle financial issues. In Malaysia, we can exchange ideas on the Islamic financial services and learn from its experiences," he said during a media briefing on the ASEM Summit.

The key inter-regional meeting will involve 53 countries this year, with the inclusion of Kazakhstan and Croatia.

As the upcoming chair of Asean, Vandebon said Malaysia is an important partner in the dialogue.

"The EU and Asean are the two largest single regional integration efforts in the world.

"We are talking about 600 million consumers in Asean, and in the EU, 550 million. Malaysia is a gateway to Asean opportunities," he added.

Prime Minister Datuk Seri Najib Tun Razak is expected to lead the Malaysian delegation to the summit, which will be chaired by the President of the European Council, Herman Van Rompuy.

Themed, "Responsible Partnership for Growth and Security", Vandebon said the leaders are also expected to discuss regional and global challenges, including areas of Asia-Europe connectivity, security and sustainable growth.

Trade between the EU and Asean is huge. The EU is Asean's third largest trading partner with total trade between the two groupings valued at US$246.2 billion (US$1=RM3.25) in 2013.

Exports from Asean to the EU amounted to US$124.4 billion, whilst imports totalled US$121.8 billion.

BANGKOK, Oct 11 A new round of nationality identification verification of migrant workers and their dependents in Thailand will start on Monday 13th October, said Sumet Mahosot, director-general of the Labour Ministry’s Employment Department.

BANGKOK, Oct 13 --  Army Commander-in-Chief Gen Udomdej Sitabutr has ordered 4th Army Region Commander Lt Gen Prakan Cholayuth to find the arsonists who set fire to six schools in the violence-plagued southern province of Pattani before dawn Sunday, an army spokesman said. 

Monday, 13 October 2014 13:29

Buakaw apologises to boxing fans

BANGKOK, Oct 13 - Buakaw Banchamek, champion muay thai kickboxer, posted a Facebook message Sunday night apologising to his fans after he walked out of a fight against German Enriko Kehl in Pattaya after the fight was ruled in favour of the German boxer. 

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