Thailand

Prime Minister Prayut Chan-o-cha on warned that the cost of a constitutional amendment could reach 10 billion baht, as the cabinet approved a bill paving the way for the rewriting of the charter for national referendums. Gen Prayut said on Tuesday that every referendum on constitutional amendments would require around 4 to 5 billion baht, with costs that include Covid-19 …

Ai Khai ‘s miraculous power has worked magic for this southern province ‘s economy battered by prolonged Covid-19 crisis. While most other parts of Thailand are still in the economic doldrums, tourists flock into this province hoping to be blessed with the boy monk’s gold-plated statue. For weeks, flights into the province and hotels were overbooked. Last weekend’s long weekend …

According to the Government Pharmaceuticals Organization, initial research showed patients, including those with cancer, had benefited from cannabis extract treatment and it may inhibit cancer cell growth. GPO specialist Nanthakan Suwanpidokkul said studies were being carried out on Monday after GPO began distributing medical cannabis products to public and private hospitals last August. She said the Prasat Neurological Institute and …

The Ministry of Foreign Affairs (MFA) has been working 24 hours a day to repatriate Thai nationals and foreigners stranded back into the kingdom by the coronavirus. Chatri Archjananun, Department of Consular Affairs Director-General, sat down to share the inside story of the race against time to get them home. In an interview with the Bangkok Post, Mr Chatri recalled …

Laos is expected to pass majority ownership of its electrical grid to a Chinese firm as it tries to keep off a possible debt default, said people with direct knowledge of the deal.The agreement comes at a time when critics accuse Beijing of ‘debt trapping diplomacy’ to gain strategic advantage in countries struggling to repay loans under President Xi Jinping’s …

In the midst of the slower speed of residential project sales, the Bank of Thailand has closely controlled property supply, vowing to hold unchanged loan-to – value (LTV) regulations for mortgage loans. Based on a review of the property sector’s remaining inventory, there is no oversupply in the industry, reported Ronadol Numnonda, Deputy Governor for Stability of Financial Institutions. Because …

Human rights lawyer Anon Nampa and activist Panupong Jadnok were detained after their bail was revoked by a court, and refused to reapply. Thursday morning, the Criminal Court deliberated on the request by the Samran Rat police to revoke their bail. Officials claimed that by committing offenses similar to what they had been accused of, they had violated the bail …

Thailand is expected to sell less bonds this fiscal year than previously planned, as government spending is hindered by delays in selecting the right projects to mitigate the blow from coronavirus outbreak. The government will borrow just 450 billion baht through bond sales and through term loans in the year ending Sept. 30, less than the 600 billion baht previously …

Thailand recorded zero cases of Covid-19 transmitted locally for 100 days in a row, entering a select group of places like Taiwan where the pathogen was virtually eliminated. As of May 26, the country has notreported any group transmission, HealthMinistry data showed on Wednesday.Authorities are still discovering infectionsamong travelers arriving at the limits ofthe tourist hotspot, but these people arebeing …

Palang Pracharath will not interfere with the choice of the new finance minister which Prime Minister Prayut Chan-o-cha will decide on Wednesday, Party leader Prawit Wongsuwon said However, with the prime minister expected to make a fast decision, stalwart party and Santi Prompat, deputy finance minister, has already thrown his hat into the ring, saying he was ready for promotion. …