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The Supreme Court spelled out how Thaksin's actions as prime minister helped his corporate empire. His government's policies and actions and his telecom empire's frequent moves to seek state leniency or assistance were too intertwined to be ignored. Read the full story »
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Robinson Department Store to expand with four new outlets
Wednesday, 10 Mar, 2010 – 9:28
Robinson Department Store to expand with four new outlets Robinson Department Store is investing Bt2.4 billion this year on four new stores as part of its plan to expand in the country by three to four outlets annually over five years.
Cabinet approves plan to invoke security law in Bangkok
Tuesday, 9 Mar, 2010 – 16:17
Cabinet approves plan to invoke security law in Bangkok Thailand's Cabinet on Tuesday resolved to enforce the Internal Security Act (ISA) in the capital and seven surrounding provinces beginning Thursday to maintain law and order during the upcoming mass protest of the United Front for Democracy against Dictatorship (UDD).
Temasek could sell its shareholding in Shin Corp
Sunday, 7 Mar, 2010 – 10:59
Temasek could sell its shareholding in Shin Corp The Singapore investment giant Temasek could move to divest its shareholdings in Shin Corp amid growing business and regulatory risk in the wake of the Supreme Court's ruling in the Shinawatra family's assets case.
ICBC Submits Tender Offer for All Shares in Thailand’s ACL Bank
Friday, 5 Mar, 2010 – 9:18
ICBC Submits Tender Offer for All Shares in Thailand’s ACL Bank Industrial & Commercial Bank of China Ltd. submitted a tender offer to buy all shares in Thailand’s ACL Bank Pcl for 11.5 baht apiece, according to a statement from the Bangkok-based company to the stock exchange.
Shares of telecom firms in Thailand tumbled after court ruling
Thursday, 4 Mar, 2010 – 9:53
Shares of telecom firms in Thailand tumbled after court ruling Telecom stocks fell on worries that state agencies would take legal action to recover revenue allegedly 'lost' under the terms of concessions granted under the Thaksin administration.
Up to 30% of Chinese tourists cancelled trips to Phuket
Wednesday, 3 Mar, 2010 – 8:21
Up to 30% of Chinese tourists cancelled trips to Phuket Thirty per cent of Chinese tourists have cancelled their room reservations in the southern resort town of Phuket until mid-March due to fears about Thailand’s politics and a planned mass rally by the Red Shirt protesters.Tourism Authority of Thailand TAT Phuket director Bangornrat Chinaprayoon said the political turmoil has started to have effects on the province’s tourism, especially from Chinese travellers, but has not yet impacted European visitor arrivals.
Thailand risks losing its competitive edge, warns Finance Ministry
Tuesday, 2 Mar, 2010 – 10:27
Thailand risks losing its competitive edge, warns Finance Ministry Political analysts expect political stability to deteriorate further after anti-government protestors announced plans to stage a million-strong rally in Bangkok on March 14 to pressure the Abhisit Vejjajiva government to ...
Economic recovery should Continue if no political violence
Monday, 1 Mar, 2010 – 8:42
Economic recovery should Continue if no political violence The Bank of Thailand expects a continued economic recovery, based on positive indicators last month, particularly for exports and tourism.