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Political crisis may slash 0.5-2.3% of GDP

BANGKOK, 18 May 2010 (NNT) – The Kasikorn Research Center (KResearch) estimated that the political turmoil could weigh the country’s gross domestic product (GDP) down by 0.5-2.3%, compared to the…

PTT to reduce retail oil prices tomorrow

BANGKOK, 18 May 2010 (NNT) – PTT Plc will reduce retail prices for all types of oil by 40 satang per liter, effective from 19 May 2010 at 5.00 hrs…

Coalition partners not to isolate Democrat

BANGKOK, 18 May 2010 (NNT) – The coalition parties would not leave or defect from the ruling Democrat Party, Tourism and Sports Minister and coalition Chart Thai Pattana Party leader…

Cabinet extends holidays in Bangkok to the end of the week

BANGKOK, 18 May 2010 (NNT) – The Cabinet on Tuesday decided to make 19-21 May 2010 more official holidays in Bangkok. The extension of the holidays is aimed at facilitating…

Red Shirts block road with fuel tanker at Lumpini Boxing Stadium

BANGKOK, May 17 (TNA) – Residents near Bon Kai intersection on Bangkok’s Rama IV Road are in panic as anti-government Red Shirt protesters parked a fuel truck in the middle…

Korn worried about economy, people if curfew imposed

BANGKOK, 17 May 2010 (NNT) – Finance Minister Korn Chatikavanij has voiced his concerns with the national economy and movement of people, which would be negatively affected if the government…

Government rejects talks with Red Shirts until protest ends

BANGKOK, May 17 (TNA) – Thailand’s Centre for the Resolution of the Emergency Situation (CRES) on Monday rejected the proposal of anti-government Red Shirt leaders calling for the resumption of…

UDD protestors told to leave rally sites by 3 pm

BANGKOK, 17 May 2010 (NNT) – The Centre for the Resolution of the Emergency Situaion (CRES) has warned the UDD protestors to leave the rally sites in Bangkok by 3…

Thai stocks down 3.15% at opening due to local unrest

BANGKOK, May 17 (TNA) — Concerns over Thailand’s domestic political unrest along with declines in the Dow Jones and  oil prices overseas pushed the Stock Exchange of Thailand (SET) composite…

Seh Daeng passes away at 9.20 hrs

BANGKOK, 17 May 2010 (NNT) – Outspoken Military Specialist, Major General Khattiya Sawasdipol, also known as ‘Seh Daeng’, passed away on Monday morning after he was shot in the head,…