Latest News
Thai IT firms interested in Vietnam market
The Vietnam trip, co-organized by the Thailand Trade Office, Thai Software Industry Promotion Agency and Thai Software Export Promotion Association, aims to promote Thailand-made ICT products and explore business links with local enterprises.
The visiting Thai IT companies include Adasoft, AI Soft, Arunawad Dot Com, Comance International, Computer Telephony Asia, Dynamic IT SP, IT Works, and specialize in software and solutions in restaurant, travel business, Internet booking, airline solution, hospitality software, warehouse management, mobile application and finance, among others.
Read more: vietnamnet.vn, Thai IT firms interested in Vietnam market
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By Somchai, Section IT News
Posted on Fri Sep 03, 2010 at 04:14:17 AM EST
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Pak delegation welcomes Indian aid offer
A Pakistan delegation has welcomed an offer of solidarity and support for flood victims during the fifth round of the Chaopraya Dialogue- Track II talks in Bangkok, Thailand.
The dialogue, held from August 28 to August 30, was held between top-ranking officials of both countries.
General (r) Dipankar Banerjee headed the Indian delegation, while former information minister Sherry Rehman led the Pakistan delegation at the talks, the Daily Times reports.
Source: ANI
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By Somchai, Section International News
Posted on Fri Sep 03, 2010 at 03:59:01 AM EST
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PTT sees higher H2 profit as gas plant to start
- Expects sixth gas plant to start up in Q4
- Plans to sell up to 10 billion baht of bonds in Q4
- PTT shares up more than 8 pct to two-year high (Adds quotes, details)
By Pisit Changplayngam
BANGKOK, Sept 3 (Reuters) - Thailand's top energy firm, PTT Pcl (PTT.BK: Quote), said on Friday it expected net profit in the second half of the year to be higher than the first half as its sixth gas separation plant would start up in the fourth quarter.
PTT completed the construction of the plant early this year and had initially planned to start operations in March but it was delayed due to an environmental dispute at the Map Ta Phut industrial estate, the world's eighth-largest petrochemical hub.
Read more: reuters.comPTT sees higher H2 profit as gas plant to start
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By Somchai, Section Community
Posted on Fri Sep 03, 2010 at 03:57:18 AM EST
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Thaksin: Dictatorship still in politics
Dictatorship is so deeply rooted in Thai politics it is not easy for the country to free itself from it, ousted premier Thaksin Shinawatra said in an interview posted on the Thai Rath website.
That is why there it was not suprising that dictatorship remained so much a part of democracy in Thailand in the four years since the military coup that ousted him from office, he said in a telephone interview. The story was posted on Friday.
Read more: bangkokpost.com, Thaksin: Dictatorship still in politics
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By Somchai, Section News
Posted on Fri Sep 03, 2010 at 01:21:29 AM EST
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Deal of the day: Thailand's SCB sells bank, at knock-down price
"In the financial industry, no one really sells below book value."
That's the verdict of Sunanta Vasapinyokul, an analyst at Finansa Syrus Securities in Bangkok. Yet Siam Commercial Bank (SCB), Thailand's fourth-largest lender, is selling its stake in finance company Siam Industrial Credit (SICCO) for 38 per cent below book value.
Is the buyer - Thai Credit Retail Bank - getting a bargain?
An unlisted bank, it will buy SCB's 38.65 per cent stake in SICCO for $29m - a price of 4 baht per share, compared to SICCO's book value of 6.4 baht per share.
Read more: blogs.ft.com, Deal of the day: Thailand's SCB sells bank, at knock-down price
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By Somchai, Section Business
Posted on Wed Sep 01, 2010 at 08:56:21 AM EST
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The 2010 Consular Officials Meeting
 Perm. Sec. of MFA addressing the MeetingMr. Theerakul Niyom, Permanent Secretary for Foreign Affairs, presided over the opening ceremony of the "2010 Consular Officials Meeting" held at the Chaophya Park Hotel, Bangkok, from 31 August - 3 September 2010. The Permanent Secretary was briefed by Mr. Jukr Boon-Long, Director-General of the Department of Consular Affairs, on the background and objectives of the Meeting. The ceremony was attended by high ranking officials of the Foreign Ministry, as well as consular officials from 91 Royal Thai Embassies, Royal Thai Consulates-General, and Thailand Trade and Economic Office Taipei. In addition, the heads of Temporary Passport Offices from various provinces also took part in the event. The Foreign Ministry has invited several guest speakers from the Ministry and other relevant agencies to brief and exchange views with the participants.
Read more: www.mfa.go.th, The 2010 Consular Officials Meeting
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By Somchai, Section News
Posted on Wed Sep 01, 2010 at 08:37:27 AM EST
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Thaksin hopes snaps dispel ill-health talk
 Source: Bangkokpost.com, Ousted prime minister Thaksin Shinawatra appears with former South African president Nelson Mandela in a photograph supplied to the media yesterday by Noppadon Pattama, Thaksin’s spokesman, in a move seen as an attempt to quash rumours about Thaksin’s ill-health.Photos of ousted prime minister Thaksin Shinawatra taken with former South African president Nelson Mandela and former wife Winnie Madikizela-Mandela have been released to quash rumours about his ill-health.
Thaksin's spokesman, Noppadon Pattama, circulated the pictures yesterday while giving an interview about the former prime minister who is believed to be staying in Brunei.
Read more: http://www.bangkokpost.com, Thaksin hopes snaps dispel ill-health talk
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By Somchai, Section International News
Posted on Wed Sep 01, 2010 at 12:54:18 AM EST
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Barbecued Pork Festival
September 5, 2010 - September 5, 2010
Various activities including sales of barbecued pork at special below market prices, fancy parade, food preparation contest that uses barbecued pork, various forms of entertainment, competition of dancers and Thai folk music, and sales of OTOP products.
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By Somchai, Section Events
Posted on Tue Aug 31, 2010 at 10:15:26 AM EST
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Uttaradit Sweet Langsat and Souvenir Fair
September 6, 2010 - September 15, 2010
(10.00 - 10.00)
Exhibition of products of each district, tourism exhibition, sales of souvenirs and agricultural products, as well as sales of OTOP products, agricultural innovative inventions, langsat and other fruit, fruit procession contest, Miss Langsat Beauty Contest, agro tours e.g. one-day tour to langsat orchards and overnight homestay, cultural and local entertainment performances, local games competitions, trayed vegetable garden arrangement contest, hanging garden arrangement, and fruit basket arrangement contest.
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By Somchai, Section Events
Posted on Tue Aug 31, 2010 at 10:04:20 AM EST
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Thailand sets regulations for sexual harassment
Civil servants in Thailand now have legal protection from sexual harassment by colleagues under new regulations approved by the Cabinet.
In addition to mandating punishment for civil servants who harass colleagues, the new rules approved Tuesday define what is wrongful behavior, such as making any inappropriate gestures including sexually implicit body language and eye contact and sending pornographic e-mails, letters, stories or messages.
Punishment depends on the degree of the transgression. In serious incidents, perpetrators can be fired, while the victims can file additional civil or criminal charges. Lesser offenses could warrant salary cuts.
Read more: http://www.businessweek.com/ap/financialnews/D9HUHSAG0.htm
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By Somchai, Section News
Posted on Tue Aug 31, 2010 at 09:40:42 AM EST
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Suspected grenade explodes at Thai TV centre: govt
BANGKOK -- A device believed to be a grenade exploded outside Thailand's national broadcasting headquarters in Bangkok on Tuesday, a government spokesman said.
The blast, which caused no injuries, occurred in front of the building housing the National Broadcasting Services of Thailand, spokesman Panitan Wattanayagorn told reporters.
"Based on circumstantial evidence it's likely to have been caused by an M-79 (grenade)," he said.
The capital has been under emergency rule since April 7 in response to anti-government "Red Shirt" protests, in which 91 people died and about 1,900 were injured in clashes between protesters and the army.
Read more: google.com, Suspected grenade explodes at Thai TV centre: govt
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By Somchai, Section Bangkok News
Posted on Tue Aug 31, 2010 at 01:44:27 AM EST
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Swann, Broad insist Pakistan ODIs should be played
England cricketers Graeme Swann and Stuart Broad insisted Tuesday that the limited overs internationals against Pakistan should go ahead despite the betting scam allegations engulfing the tourists.
The Nottinghamshire bowlers said the two Twenty20 games in Cardiff and the following, five-match one-day international series should be played.
Seamer Broad said the England dressing room was still in a "state of shock" over the "spot-fixing" allegations which emerged Sunday.
Read more: bangkokpost.com, Swann, Broad insist Pakistan ODIs should be played
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By Somchai, Section Sports & Games
Posted on Tue Aug 31, 2010 at 12:34:47 AM EST
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Thai FM Kasit in Montenegro
Montenegrin officials say the visiting Thai foreign minister has not requested the extradition of ousted Thai Prime Minister Thaksin Shinawatra from the tiny Balkan state.
Montenegrin Foreign Minister Milan Rocen says "we have not received any legal requests" concerning Thaksin during the visit Monday by Kasit Piromya.
Montenegro granted Thaksin citizenship, citing economic interests. The Thai billionaire has promised to invest in the country's tourism projects.
Thaksin was ousted in a 2006 military coup. He is wanted in Thailand for alleged corruption and terrorism after his supporters earlier this year blockaded parts of the Thai capital Bangkok.
Kasit said during a joint press conference with the Montenegrin foreign minister there are "many hot cases" involving Thaksin in Thailand. "We are working on this with Interpol," he added.
Read More: etaiwannews.com, Thai FM Kasit in Montenegro
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By Somchai, Section International News
Posted on Mon Aug 30, 2010 at 10:00:02 AM EST
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The Thai Capital Fund Reports Second Quarter Earnings
The Thai Capital Fund, Inc. (the "Fund") /quotes/comstock/14*!tf/quotes/nls/tf (TF 13.48, +0.19, +1.43%) , a closed-end management investment company seeking long-term capital appreciation through investment primarily in equity securities of Thai companies, today announced its results for the quarter ended June 30, 2010 and commented on the economic outlook for Thailand.
The Fund's investments in Thailand are made through a wholly owned investment plan (the "Investment Plan") established under an agreement between SCB Asset Management Co., Limited ("SCBAM"), the Fund's investment manager, and the Fund. The Fund's investments through the Investment Plan are managed by SCBAM, located in Bangkok, Thailand. Daiwa SB Investments (Singapore) Limited, the Fund's investment adviser, provides SCBAM with advice regarding investments through the Investment Plan and manages the Fund's assets held outside the Investment Plan.
Read More: marketwatch.com, The Thai Capital Fund Reports Second Quarter Earnings
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By Somchai, Section Finance & Taxes
Posted on Mon Aug 30, 2010 at 09:55:54 AM EST
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Democrats dominate city vote
The ruling Democrat Party has cemented its status as the most popular party in Bangkok after its candidates handily outperformed the opposition in local elections.
The New Politics Party failed to win a single seat in yesterday's polls.
The Democrats followed their success in last month's by-election in Bangkok by winning more seats than the Puea Thai Party and the NPP, the political arm of the People's Alliance for Democracy, in city and district council elections.
The Election Commission for Bangkok estimated the voter turnout at 42%.
Read More: bangkokpost.com, Democrats dominate city vote
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By Somchai, Section Elections 2007
Posted on Sun Aug 29, 2010 at 09:43:30 PM EST
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