Prachachart Turakij, a business newspaper in Thailand, quoting Morning Star Research, reports for the first 9 month of 2013, the amount of money Thais invested in mutual funds that invested in USA, Eurozone and Japan, went up about 100% to stand at about US$400 million. These mutual funds, according to the paper, returned about 14%…
Khao Sarn Road, near the Democracy Monument, where protest to kick out Yingluck has been going for about 2 weeks, sees tourism business still OK, dropping about 10%, a tourist operator told Khao Sod. The following is from Khao Sod; The rhythm of Bangkok′s backpacker street remains unaffected by the raging anti-government protests that occupied…
Deep division between the Red Shirts and Yingluck‘s Pheu Thai Party was put aside for now, as Sondhi of the Yellow Shirts, called on preparation to ask the Thai King, to grant Thailand a government. That Sondhi call, where Sondhi is considered the key strategist of the elite establishment, comes as the Thai Constitutional Court,…
Several local press reports, Suthep, leading the protest to topple Yingluck, have called on the Thais to pay no tax and for state enterprise unions to cut utilities to the government, in a move of civil disobedience. However, is the call legitimate civil disobedience or just plain insanity. One answer, is that the Thai chambers…
Thai politics is hot and the IMF is making it hotter. With massive protest to topple the Yingluck government, this is the worse time, for anyone to be make it more out of control. But for whatever reason, the IMF just came out with a host of recommendations to Thailand, including criticizing the Yingluck’s government…
As Thai Intel have said before, the anti Amnesty Bill, is just a tool being used by Abhisit’s Dems, to topple the Yingluck’s government: The following is from the New York Times With thousands of antigovernment protesters in the streets of Bangkok on Monday, Thailand’s opposition announced a campaign of civil disobedience, including a three-day…
A few years back, when the Red Shirts occupied the shopping area of Rajprasong, the majority of the people of Bangkok were out-raged at the Red Shirts protesters, saying the protest was hurting the economy. During that protest, many Red Shirts noted, that the people of Bangkok, years earlier, mostly supported the Yellow Shirts occupation…
Thailands’ Defence Technology Institute (DTI) has collaborated with UK’s stock market listed, Ricardo Defense, to continue the development of the Black Widow Spider 8×8 armoured vehicle programme for the Royal Thai Army. Army Technology reported; The two organisations will now work on the next phase of development of the Black Widow vehicle, which has been…
As Thai Intel has reported before, Thailand and Indonesia, both have a drone, ambition. Kyiv Post reports; Ukraine and Thailand are considering the possibility of establishing military and technical cooperation in the area of the procurement, maintenance, and joint development of aircraft. Representatives of the two countries discussed the prospects for extending bilateral cooperation at…
On True Cable TV channel‘s ASEAN AEC program, the host of the program, an AEC specialist, Kasemsan, said Vietnam has copied Thailand’s provincial governor CEO concept. The host said, the concept, was started in Thailand, some 10 years ago, under the then Thai PM, Thaksin. In Thailand, the Thaksin’s concept of CEO governor, was greatly…
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