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Blaming external factors, the Office of Fiscal Policy at the Finance Ministry has revised downward the economic growth (GDP) forecast for 2019 to 2.8%. Mr. Lawan Saengsanit, director of the office, said today that the economic downturn in Thailand’s trading partners, such as China, the United States, Japan, Malaysia and Vietnam, as a result of
About 120 members of the Future Forward party, including 30 former election candidates, resigned en masse today (Monday), accusing the party leadership of breaking promises. The group showed up at the Office of the Election Commission this morning to submit their resignation letters to officials. Speaking on behalf of the group, Mr. Nipon Chamchamrat, a
Temperatures in the northern and north-eastern regions of Thailand are forecast to drop 2-4°C from tomorrow until November 1st due to a cold front moving in from China. The Meteorological Department said this morning (Monday) that an intense high-pressure cell from China is moving south to cover the northern parts of Thailand, bringing thunderstorms and
HONG KONG (Reuters) – Hong Kong has fallen into recession, hit by more than five months of anti-government protests that show no signs of relenting, and is unlikely to achieve annual economic growth this year, the city’s Financial Secretary said. “The blow to our economy is comprehensive,” Paul Chan said in a blog post on
Thailand is to ask the United States to reconsider removal of trade preferences for Thai exports under the Generalized System of Preferences, Commerce Minister Jurin Laksanavisit said today (Sunday). He said that, in the past, whenever trade benefits for Thai products exported to the US were suspended, Thailand appealed to the US adding, however, that
BAGHDAD/WASHINGTON (Reuters) – President Donald Trump announced on Sunday that fugitive Islamic State leader Abu Bakr al-Baghdadi died in a raid by U.S. special forces in northwest Syria, in a major blow to the jihadist group. Baghdadi killed himself during the raid by detonating a suicide vest, Trump said in a televised address from the
Despite the general election, Thais think that the political division still persists and it can threaten overall economic performance and their income, according to latest survey carried out by the National Institute of Development Administration, or NIDA Poll. The survey results showed that a majority of 44.85 percent of them thought that the political tension
Prime Minister Prayut Chan-o-cha became aware of the US plan to suspend US$D1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences program, about a month ago and says the US action is not related to Thailand’s banning of paraquat, glyphosate and chlorpyrifos, announced by the National Hazardous Substances Committee on October
Thailand’s National Science and Technology Development Agency (NSTDA), working with the Ministry of Higher Education, Science, Research and Innovations, recently unveiled an innovation, called “Magik Growth”, an eco-friendly plant pot ideal for growing seasonal plants. The Magik Growth pots are made of special polymer yarn, which is elastic and has tiny holes to prevent over-watering,
The Thai Embassy in Madrid, Spain, has warned Thai people living in or travelling to Barcelona to avoid protest areas and to keep themselves abreast of the latest news about the protests in the city before travelling this weekend. The Embassy said that protests were planned for today (Saturday) on Calle de la Marina Road
Well known “Song for Life” rocker ‘Add’ Carabao is urging the Thai government not to bow to the “bully tactics” being used by the United States when it suspended USD1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences (GSP) program, on the grounds that Thailand has not taken sufficient steps to
The Biothai Foundation has praised Prime Minister Prayut Chan-o-cha for not directly responding to an appeal from US under-secretary of agriculture for trade and foreign agricultural affairs, Mr. Ted A. McKinney, to postpone the ban on glyphosate, one of the three farm chemicals barred from use in Thailand by the National Hazardous Substances Committee earlier
Thai export sector suffers another blow after the US President Donald Trump on Friday announced to suspend USD1.3 billion worth of duty-free trade for certain items from Thailand, reasoning that Thailand has not taken steps to protect the labor rights. In a letter written to US House of Representatives Speaker Nancy Pelosi and the president
The Thai Consular Office in Hong Kong is strongly advising Thai people travelling to the territory to avoid protest sites this weekend and on Thursday October 31st for their safety, because the protests can turn violent without warning. The Office also warned travellers not to take pictures of the protestors or police at or near
HONG KONG (Reuters) – Hong Kong medical workers plan to rally in the heart of the city’s financial centre on Saturday, angry at perceived police brutality during more than four months of sometimes violent anti-government protests. Pro-democracy activists have attacked police with petrol bombs, rocks and lasers shone in their eyes. One officer was slashed
Police are considering filing a charge of lèse majesté against a hot-tempered motorist, who allegedly makde insulting remarks about the Thai people in general and the country’s highest institution, in a road rage incident in the Buddha Monthon district of Nakhon Pathom on Wednesday. Pol Lt-Gen Kamron Boonlert, commander of Nakhon Pathom provincial police, said
