Connect with us

National

50-70 billion THB in damage expected from prolonged rally

Avatar

Published

on

A 50 -70 billion THB damage is expected from the prolonged mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD), according to the estimation made by the Center of Economic and Business Forecast (CEBF) of the University of the Thai Chamber of Commerce.

Loading...

CEBF Director, Dr Thanawat Polvichai, stated that the estimate was based on the assumption that the prolonged rally would end on 15 May 2010 when UDD core leaders promised to give themselves in to police, and that no further violence occurs during the course.

The director said the UDD had declared its plan to stage another rally on the business road of Silom after the gathering at Ratchaprasong Intersection was successful in pressuring the government to a certain extent.

Dr Thanawat admitted that the rallies would greatly affected the national economy, the confidence of both consumers and investors as well as trade negotiations and tourism.

As for the movement of the People’s Alliance for Democracy (PAD) to stage a mass rally, the director said the group still has no clear direction in its movement and therefore is not worrying.

However, Dr Thanawat cautioned the government to monitor movement of all protesting groups in order to prevent possible clashes between groups of supporters.

via 50-70 bn THB in damage expected from prolonged rally : National News Bureau of Thailand.

National

Abuse against women still prevalent in Thailand

Like many other Asian countries, Thailand is a patriarchal society in which women are generally tied to the role of family caretaker which usually means raising children and taking care of the elderly, as well as other household chores like cooking and cleaning.

Avatar

Published

on

In December 1999, the United Nations designated Nov 25 as the International Day for the Elimination of Violence Against Women, to commemorate the murder of the Mirabal sisters, the three Dominican political activists who opposed the dictatorship of Rafael Trujillo in 1960.

Loading...
(more…)

Continue Reading

Banking

Thai cabinet approves 350 billion baht Aid for COVID-hit Businesses

Thailand unveiled new measures to help small and medium COVID-hit businesses in the tourism industry hit by a liquidity crunch.

Olivier Languepin

Published

on

The Thai cabinet has approved assistance worth 350 billion baht($11 Billion) to help businesses affected by COVID-19 with soft loans and asset warehousing.

Loading...
(more…)

Continue Reading

Markets

Thai Mango growers complain of low prices and fewer exports

Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.

Avatar

Published

on

Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,973 other subscribers

Latest

Trending