MRT benefiting from ongoing PDRC rallies
The Metropolitan Rapid Transit (MRT) has benefited greatly from the ongoing demonstrations by the People’s Democratic Reform Committee (PDRC), as more passengers have opted to take the subway. The Bangkok Metro Public Company Limited (BMCL), operator of the MRT, has revealed that since the PDRC’s attempt to paralyze Bangkok on…
Thai Airways International: NO “Shutdown TG” on 10 Feb
National carrier Thai Airways International (THAI) has dismissed the rumors that it will cancel all flights this 10 February, confirming that it will provide normal service to all customers on that day. THAI sent a message via the LINE messaging application, saying the 10 February flight cancellation or “Shutdown TG”…
‘Paradon’ more arrest warrants issued for PDRC leaders
The ongoing political situation would soon ease if the People’s Democratic Reform Committee (PDRC) core leaders were apprehended, said National Security Council (NSC) Secretary Lieutenant General Paradon Patanatabutr, disclosing that more arrest warrants have been issued. According to the NSC and Center for Maintaining Peace and Order (CMPO) Secretary, Lt….
EXIM Bank & TNSC: 2014 Export may grow 5%
According to the Thai National Shipper’s Council (TNSC) and the Export-Import Bank of Thailand (EXIM Bank), exports may grow by 5% in 2014 as planned, thanks to the weak Thai baht. According to President of the TNSC, Nopporn Thepsittha, the export sector has not been affected by the political turmoil…
Tata Motors’ Managing Director Karl Slym dies in Bangkok
Tata Motors managing director Karl Slym died o n Sunday in Bangkok where he had gone to attend a board meeting of the company’s Thailand arm. The company shares the grief of Karl Slym’s wife and family at their irreparable loss, Tata Motors said in a statement. Slym, 51, joined…
Thai Economy expected to grow 3-4% this year
Bangkok has lost more than 7 billion baht in revenue during the mass rallies and the country as a whole should expect to see 3-4% in economic growth this year, said the University of the Thai Chamber of Commerce. According to Thai Chamber of Commerce chairman Isara Vongkusolkit, the recently…
India to hit record in 2013/14 basmati rice exports
Indian traders are set to export a record 4 million tonnes of basmati rice in the year to March on higher demand for the premium grade from the Middle East, bringing total sales to about 10 million for a third straight year, sources said. More supplies from India, which toppled…
Egg farms in Nan experiencing lower production because of morning fog
Chicken egg farms in Nan province have experienced lowered production output due to reduced daylight hours caused by morning fog. According to egg farm owners in Mueang district of Nan, the thick fog in the mornings has blocked out the sunlight, which is an important stimulating factor in making the…
SET and Brokers’ Association of Thailand not worried about Bangkok’s shutdown
The Stock Exchange of Thailand (SET) and the Brokers’ Association of Thailand are reportedly not worried over the planned shutdown of Bangkok – stating that they have business continuity planning (BCP). Director of the Association of Thai Securities Companies Pattera Dilokrungthirapop stated that online trading will still be able to…
Air India-Star Alliance deal expected to boost international traffic via India
National carrier Air India’s entry into Star Alliance will help boost the number of international transit passengers the country handles, a top executive of the global airlines grouping has said. Experts say that Air India’s direct flights to some US cities will provide a convenient option for West-bound passengers of…