February 2010

14th Business Opportunity and Franchise fair to circulate over 800 million baht

By k on February 28, 2010

BANGKOK, FEBRUARY 28, 2010 (NNT)- The 14th Business Opportunity and Franchise fair received considerable interest on its final day today with some 700 businesses likely to be started as a result. The Business Opportunity and Franchise fair came to a close today at Impact Muang Thong Thani with great interest from entrepreneurs. More than 300 [...]

Gold price remains high next week

By k on February 28, 2010

BANGKOK, 28 February 2010 (NNT) – The gold price is expected to increase gradually next week, the first week of March 2010, due to the price fluctuation in the global market, according to the Gold Traders Association. Gold Traders Association Deputy Secretary-General MD Kritcharat Hirunyasiri forecasted that next week’s gold price would be on the [...]

Police tighten security after bombings at four branches of Bangkok Bank

By k on February 28, 2010

BANGKOK, Feb 28 (TNA) — Police tightened security in the capital after bombs exploded at the Bangkok Bank branches in Silom and in Phra Pradaeng early Sunday, while bombs at two other bank branches failed to function. Prime Minister Abhisit Vejjajiva said that the bombings at four  Bangkok Bank offices were not beyond expectation, explaining [...]

PM not turning back to Parliament dissolution

By k on February 28, 2010

BANGKOK, FEBRUARY 28, 2010- The Prime Minister has indicated that he has no aversion to dissolving Parliament and calling a general election if all sides can accept and abide by election rules. Referring to growing calls for a Parliament dissolution, Prime Minister Abhisit Vejjajiva said he did not opposed the idea as long as all [...]

SCB awaits court orders to proceed with the asset seizure

By k on February 27, 2010

BANGKOK, 27 February 2010 (NNT) — As the main bank that services the accounts and investment unit of the assets involved in the court confiscation of the 43.6 billion THB, Siam Commercial Bank (SCB) is awaiting for the court directions on how to proceed with the amount handed to state. The SCB however ensures that [...]

Thaksin lawyers likely to appeal Supreme Court’s assets seizure

By k on February 27, 2010

BANGKOK, Feb 27 (TNA) — The legal team of Thailand’s ousted, fugitive prime minister Thaksin Shinawatra have begun assessing the verdict by the Supreme Court’s Criminal Division for Holders of Political Positions in seizing Bt46.37 billion of his frozen assets and are most likely to contest the case, according to Noppadon Pattama, Mr Thaksin’s legal [...]

PM believes some groups will continue to gather; urges public to retain faith in court verdict

By k on February 27, 2010

BANGKOK, Feb 27 (TNA) – Prime Minsiter Abhisit Vejjajiva said he believed that varied group will continue their anti-government campaigns even though the Supreme Court Criminal Division for Holders of Political Positions ordered the seizure Friday of Bt46.37 billion of ousted premier Thaksin Shinawatra frozen assets. The court ordered the confiscation of Bt46.37 billion of [...]

Political situation factored in for GDP growth estimate

By k on February 26, 2010

BANGKOK, 26 February 2010 (NNT) – The Monetary Policy Committee will take the political and social climates of the Kingdom into consideration before announcing the 2010 GDP growth estimate on 29 April 2010. Political uncertainties remained the main factor hindering the growth of the Thai economy, said Suchart Sakkankosone, senior director Domestic Economy Department of [...]

Thai gem, jewellery business sector not affected by political tension

By k on February 26, 2010

BANGKOK, Feb 26 (TNA) – Thailand’s Ministry of Commerce believes the gem and jewellery business in Thailand will not be greatly affected by the ongoing political tensions and is confident that violence will not occur regardless of whatever verdict is delivered regarding ousted premier Thaksin Shinawatra’s assets seizure case Friday. Presiding over the 45th bi-annual [...]

46.3 bn THB of ex-PM seized

By k on February 26, 2010

BANGKOK, 26 February 2009 (NNT) – The Supreme Court’s Criminal Division for Holders of Political Positions rules with majority vote to confiscate assets of ex-PM Thaksin Shinawatra and his ex-wife totaling 46.3 billion THB out of the frozen 76 billion THB. The seized assets have been acquired from his selling of Shin Corp shares to [...]

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