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The US Trade Representative (USTR) has threatened to cut the Generalized System of Preferences (GSP) for Thailand for failing to fully respond to its previous request for amendments to Thailand’s labour law and removal of restrictions on imports of US pork. Boonyarit Kalayanamit, director-general of the Commerce Ministry’s Internal Trade Department, met with Lewis Karesh,
He was once one of Thailand’s most celebrated boxing heroes and, undoubtedly, one of the richest as well. But 22 years after clinching the first boxing gold medal in the Olympic Games that brought him both fame and wealth, Somrak Kamgsinh is now sinking in a pool of debts and is on the verge of
Australia’s national public broadcaster is facing a leadership crisis following allegations of political interference. Justin Milne resigned as chair of the Australian Broadcasting Corporation (ABC) on Thursday, amid allegations he tried to fire journalists who were “hated” by the Australian government, ABC News reported. Mr Milne has denied the reports, saying he was leaving to
OTTAWA (Reuters) – Canadian legislators, in a symbolic move, on Thursday voted unanimously to strip Myanmar’s civilian leader Aung San Suu Kyi of her honorary citizenship in response to crimes committed against the Rohingya minority. The move by the House of Commons lower chamber has no effect because honorary citizenship is conferred by a joint
All ageing passenger vans which are over ten years old will be put out of service starting October 1 after the working committee to regulate the service of the vans has agreed to not extend their service for another year as requested. The decision to not extend the service of the ageing passenger vans was
The Asian Development Bank (ADB) has raised Thailand’s economic growth forecast this year by 0.5% from a previous forecast in April to 4.5%, while cutting Asean’s economic growth forecast to 5.1% from previously 5.2%. ADB on Wednesday launched its “Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty”. ADB also raised its forecast of Thailand’s
An elderly former engineer who shot dead a 17-year-old student allegedly in a fit of anger following a road quarrel in Chon Buri early last year was today sentenced to 10 years in prison for premeditated murder and fined 2,000 baht by the Chon Buri provincial court. The fatal shooting incident occurred on February 4
The Central Administrative Court has rejected an appeal of tobacco companies to revoke Public Health Ministry’s graphic health warning covering 85 percent of cigarette packs on ground that the ministry is legally bound to protect the health of the public. The court said that the Public Health Ministry’s graphic health warning on cigarette packs was
The National Credit Bureau (NCB) today echoed concerns raised by the Bank of Thailand (BoT) over rising non-performing loans (NPL) in the mortgage sector. The overall NPL rate now stands at 4%, while the NPL rate in Gen Y group stands at 1.5%, Gen X at 2% and baby boomers at 0.4%, said NCB Co
A general view shows residential and commercial buildings on Hong Kong island on September 27, 2018. Two of Hong Kong’s biggest banks raised their lending rates on September 27 for the first time in 12 years, ending an age of cheap cash that could hit the city’s famously red-hot property market.
Malaysian Prime Minisrer Mahathir Mohamad has predicted the collapse of Umno which is the backbone of the Barisan Nasional coalition that had ruled the country for almost six decades before being toppled in the May elections, the New Straits Times Malaysia Online reported. Speaking at a meeting with members of the United States Council on
Bangkok was the world’s top destination last year, three years in a row, with 20.05 million people visiting the capital in 2017 and a 9.6% growth in number of visitors is predicted for this year, according to Mastercard’s Global Destinations Cities Index. Visitors to Bangkok tend to stay 4.7 nights during their trips and spend,
UNITED NATIONS (Reuters) – US President Donald Trump said on Wednesday there was “plenty of evidence” of China trying to meddle in the upcoming US elections and that Beijing wanted him to lose because he had confronted China on trade issues. Asked about his charge of Chinese election meddling in his remarks at the UN
The board of Rubber Authority of Thailand will ask for 9 billion baht from the government’s Central Fund to help about 300,000 rubber planters who each owns not more than 10 rai of rubber plantation in the wake of falling natural rubber prices. An informed source from the Ministry of Agriculture and Agricultural Cooperatives said
An infuriated Prime Minister Gen Prayut Chan-o-cha today hit back at veteran politician Sanoh Thienthong who had earlier cast doubts on the possibility of his return to power after the election. “He should go home and rest. How could he look down upon Thai people that way?” Prayut said. Sanoh, who is Pheu Thai party’s
A Southern Thai separatist group is optimistic about the appointment of a controversial former inspector general of police of Malaysia as the new facilitator for peace talks to end violence in southern Thailand, according to Malaysiakini. It quoted a senior representative of the Patani United Liberation Organisation (PULO) ) as saying that they were expecting
