Tour groups still arriving in Thailand
The Tourism Authority of Thailand (TAT) has announced that the number of countries raising travel warnings on Thailand still remains at 32, and all of them have not yet increased the severity of the warnings. Mr. Sukree Sittiwanit, Director of TAT’s Advertising & Public Relations Department, stated that the warnings…
GH Bank to lower interest rates
The Government Housing Bangk has announced it will lower interest rates according to the Monetary Policy Committee. President of the Government Housing Bank (GH Bank) Ms. Angkana Chaimanat stated that GH Bank will lower its interest rates to 0.25% after an agreement with the Monetary Policy Committee. Ms. Angkana went…
All Indian nationals safe in Thailand: Envoy
India today said all its nationals are safe in Thailand, rocked by massive anti-government protests that have claimed four lives, and supported efforts to restore normalcy in the country through consultations. “All the Indians in Bangkok and other parts of Thailand are safe. We have not received reports of any…
Bank of Thailand affirms no unusual cash flow being moved out of the country
Governor of the Bank of Thailand (BOT) Prasarn Trairatvorakul affirmed that there has been no unusual cash outflow from the country. With fears circulating in all sectors, Mr. Prasarn has reassured that, although the country is indeed experiencing an outflow of cash, it is not considered to be insurmountable or…
Isro’s Mars Orbiter Mission successfully placed in Mars transfer trajectory
Crossing a major milestone in the country’s space history, Isro’s Mars Orbiter Mission on Sunday ventured out of Earth’s sphere of influence for the first time in an attempt to reach the red planet’s orbit. The critical manoeuvre to place the Mars orbiter spacecraft in the Mars transfer trajectory was…
UN calls for peace in Thailand’s political gridlock
United Nations Secretary General Ban Ki-moon has called for all sides in Thailand to resolve differences by a peaceful means. UN Secretary General Ban Ki-moon, who has been closely monitoring the situation in Thailand over the last few weeks, expressed concern over the rising political tensions in the capital city….
Prime Minister Yingluck Shinawatra survives censure debate
Prime Minister Yingluck Shinawatra and Interior Minister Charupong Raungsuwan easily survived a no-confidence vote Thursday morning. Ms.Yingluck received 297 votes of confidence from the ruling coalition party members, against the 134 votes to unseat her by Democrat members. Meanwhile, Interior Minister Charupong Raungsuwan received 296 votes of confidence and 135…
Thais advised to renew passports at Temporary Passport Offices in Bangna and Pinklao
Thai nationals who are looking to renew their passports have been advised to do so at the temporary Passport Offices in Bangna and Pinklao. Following the closure of the Department of Consular Affairs on Chaengwattana Road by demonstrators, Foreign Affairs Minister Surapong Tovichakchaikul advised those wishing to renew or apply…
Average Thai household debt reaches 160,000 THB
The National Statistical Office (NSO) has revealed that the average household debt has risen significantly. According to a recent NSO survey on social and economic situation of Thai households during the first 6 months of this year, 54.4% of the households were indebted. The survey says that housing loans, daily…
India surpasses US, China as most attractive investment destination: Survey
With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report. The global survey of leading consultancy firm Ernst and Young (EY) has ranked India as the most attractive investment destination followed by Brazil…