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Thaicom Plc, the satellite unit of Shin Corp, says it is ready to quit the business
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Thaicom Plc, the satellite unit of Shin Corp, says it is ready to quit the business if the government rules the company violated the law and wants to seek other companies to replace it.

But the country's sole satellite service provider is confident it did nothing wrong and was in full compliance with state regulations.

It is also ready to comply with all conditions set by the government on the terms of contract if there is a fair and comprehensive solution, said chief executive Arak Chonlatanon.

The Thaicom contract was among five cases of abuse of authority the Supreme Court ruled on last week in connection with the 76.6 billion baht in assets of deposed former prime minister Thaksin Shinawatra.

(534 words in story) Full Story

By Rajesh Kumar, Section Business
Posted on Sat Mar 06, 2010 at 08:39:56 AM EST
Court confiscates B46bn of Thaksin's assets
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The Supreme Court's Criminal Division for Holders of Political Positions on Friday confiscated 46.3 billion baht that former prime minister Thaksin Shinawatra and his ex-wife Potjaman na Pombejra acquired from selling their shares in Shin Corporation to Singapore's Temasek Holdings.

The court ruled that Thaksin had abused his power and become unusually richer while holding the post of prime minister and abused his authority to benefit his own company, Shin Corp, before selling his shareholding to Temasek.

However, the court said it would be unfair to confiscate all of the 76 billion baht in frozen assets held in local banks, as requested by the Office of the Attorney-General, because part of it was acquired before Thaksin became prime minister.

The 46.3 billion baht to be confiscated comprises 6.8 billion baht in dividends and 39.4 billion baht from the sale of Shin Corp shares to Temasek.

Immediately after the court's verdict, Thaksin told his supporters in a video link from Dubai that the verdict was unfair, politically motivated and "an international joke".

He called his supporters to continue to fight for democracy.

(772 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Fri Feb 26, 2010 at 09:25:36 AM EST
New drive to expel foreign undesirables
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The Immigration Bureau has launched a campaign to drive out hundreds of foreign criminals living in Thailand.

Bureau commissioner Wuthi Liptapallop said Thailand was known worldwide as a haven for criminals because of its relatively easy-going visa policies.

''I don't want Thailand to be known as a place where foreign criminals hide and conduct illegal activities _ but they do, especially in Chiang Mai, Pattaya, Koh Samui and Phuket,'' Pol Lt Gen Wuthi said in an exclusive interview with the Bangkok Post Sunday.

''We want these and other places in Thailand to be tourist destinations, not places for foreign criminals and gangs.''

A new National Criminal Centre, to be based at the immigration office in Soi Suan Phlu, will open next month to handle police requests from abroad to track down foreign criminals, Pol Lt Gen Wuthi said.

(456 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Sat Feb 20, 2010 at 06:26:23 PM EST
Top dance troupe ODC/Dance debuts in Hua Hin and Bangkok
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Known throughout the world for its athleticism, passion and intellectual depth, San Francisco-based contemporary dance troupe ODC/Dance will astonish Thailand with their performances at the "Fringe Festival 2010 @ Hua Hin" and Patravadi Theatre in Bangkok this month. All proceeds will be donated to the Patravadi High School Scholarship Fund.

(366 words in story) Full Story

By Rajesh Kumar, Section Artists and Performances
Posted on Wed Feb 10, 2010 at 09:19:59 AM EST
Thai "red shirts" rally to warn against coup
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Supporters of toppled Thai premier Thaksin Shinawatra held small, symbolic rallies at military bases nationwide on Thursday in what analysts see as a prelude to a bigger showdown with Thailand's fragile ruling coalition.

Hundreds of the fugitive billionaire's red-shirted supporters gathered outside army barracks in at least 10 provinces and in Bangkok, calling on soldiers to join their movement and saying they wanted to pre-empt another military coup.

While small, the protests illustrate the widening scope of Thailand's anti-government protest movement and the resilience of Thaksin, who was ousted in a 2006 coup and now lives in self-imposed exile to avoid jail on a corruption conviction.

(589 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Mon Feb 08, 2010 at 09:32:32 PM EST
Two bedroom condos for rent at just 15,000 baht
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Two Bedroom (Corner Units) Condo for rent at 15,000 Baht Only

This is including of all Furniture, Electronic Appliances and Monthly maintenance Etc.

Furniture:

  1. Both bedrooms are fully furnished, including bed, dressing table, wardrobe, computer table and chair, etc.
  2. Inbuilt kitchen with hot plate and hood.
  3. Dining table with four chairs.
  4. Large storage cabinet.
  5. Three air conditioning units.
  6. T.V. , table, large sofa with centre table
  7. Curtains on all windows

Details of the apartment:

  1. The building has 8 floors and this apartment is located on the 5th floor.  It is located towards the sun rising side of the building, ensuring natural light, an unblocked view and cooler afternoons and evenings. .
  2. The apartment has a double security lock and call bell.
  3. The balcony allows for excellent ventilation.

Details of Metropark Sathorn and its facilities:

  1. Brand new apartment in a newly constructed building.
  2. Plenty of greenery and a nature-friendly environment
  3. Easy access. Only 10 minutes drive from Sathorn Bridge with no red lights!  The new sky train station at Wong Wian Wai is just 5 km away, and Metropark provides a shuttle bus service, operating between 6am and 9pm, to and from BTS stations.
  4. 100 metre, clean, well maintained swimming pool.   A very rare find in Bangkok.
  5. Seven Eleven store located within the premises.
  6. Fully covered by CCTV and 24 hour, round the clock security.  A key card is required in order to enter the building.
  7. Located at the main entrance of the complex.
  8. Building management is undertaken by a highly reputed company.
  9. Taxi call service
  10. The new sky train station will be just 1 KM away from Metropark, and will also be accessible by the Metropark shuttle bus service.
  11. Easy access to the Banhghe Mall, close to the Tha Phra Mall and other department stores.
  12. A gas station is situated just next door to Metropark.

Call: 083 896 9950 (For Eng), 084 726 4999(For Thai) or Email at rkcol@yahoo.com

 

Comments >>

By Rajesh Kumar, Section For Rent In Bangkok
Posted on Sun Feb 07, 2010 at 08:20:04 PM EST
One Bedroom Condo for Sale at very special price
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Special offer
We have a One Bedroom Condo with all furniture and electronic items, at very special price. Please call us to check the details. Tel 083-896-9950 or Write us at qbtpl.com@gmail.com.

Comments >>

By Rajesh Kumar, Section For Sale In Bangkok
Posted on Sun Feb 07, 2010 at 08:16:05 PM EST
Let the consumer decide, say TV operators
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Satellite TV operators say they do not want any specific regulation to control advertising on their channels even though many people are concerned that more products such as Aunty Cheng's miracle cure-all will start appearing on local screens.

Niphon Maksompop, president of the Satellite Television Association, said consumers should be the ones who make decisions about the reliability and accuracy of content they watch on TV.

"Thailand has the main consumer protection law to control ads on all media outlets already. That's enough and we don't need any new rule to control or ban ads on satellite TV. I think we have business ethics enough to run our TV operations," he said.

(317 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Sun Feb 07, 2010 at 08:03:05 PM EST
BMA defends computer bid procedure for city schools
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The Bangkok Metropolitan Administration will press ahead with its 939million baht programme to provide computers to 436 schools, brushing aside allegations that the tender process is not transparent.

Deputy Bangkok Governor Taya Teepsuwan yesterday said the tendering would proceed as planned and insisted the procurement would be conducted in a transparent manner.

The BMA's Education Division accepted tenders last week.

(351 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Sun Feb 07, 2010 at 07:45:51 PM EST
Total Integration helps PS remain a low cost leader
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Pruksa Real Estate Plc (PS) is the low-cost leader among real estate developers and the second largest developer by sales on the Stock Exchange of Thailand. It develops townhouses, detached houses and condominiums, focusing on Bangkok and its suburbs in areas with high growth potential. It has developed townhouses under the brands Baan Pruksa, Pruksa Ville and The Connect and detached houses under the brands Pruksa Village, Passorn and The Plant. Its condominium brands are Ivy, The Seed and City Ville. Chief financial officer Somboon Wasinchutchawal discusses the company's strategy and outlook.

(912 words in story) Full Story

By Rajesh Kumar, Section Business
Posted on Sun Feb 07, 2010 at 07:38:44 PM EST
Thaksin on a third visit to Cambodia
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Fugitive politician Thaksin Shinawatra made his third visit to Cambodia on Wednesday since being appointed economic adviser and was scheduled to leave the country on Thursday, Cambodian government spokesman Prak Sokhon said.

"He is free to come and go," he replied when asked about the purpuse of Thaksin's visit. "He doesn't need to have a motive to come here."

He said he did not know if Thaksin would meet with members of the Puea Thai Party, as he had on previous visits.

Khieu Kanharith, Cambodia's minister of information, said Thaksin came to give economic advice to the government, and he and Cambodian Prime Minister Hun Sen had dinner together on Wednesday night.

He also said Thaksin would not hold a press conference during this visit.

(558 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Thu Jan 21, 2010 at 09:46:09 AM EST
Bangkok may seek UN sanctions over N.Korean arms plane soon - UK
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The Thai government may report its probe to the UN into the recent seizure of a cargo plane laden with illegal weaponry from North Korea later in 2009, Britain's envoy to the U.N. said on Saturday.

An Il-76 cargo plane carrying 35 tons of weaponry was seized during refueling at Bangkok's Don Muang airport on December 12. Officials said the weapons included portable anti-aircraft missile systems and spare parts for ground-to-air missiles shipped from N. Korea to an unknown destination.

"I've spoken to the Thai ambassador... I would anticipate that the Thai government will be writing to the Security Council and getting in contact with the sanctions committee very shortly, ...probably, by the end of the year," Ambasador Mark Lyall Grant said in an interview with RIA Novosti.

(276 words in story) Full Story

By Rajesh Kumar, Section International News
Posted on Sat Dec 26, 2009 at 10:24:14 AM EST
Thai PM reflects on first year in office
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Thai Prime Minister Abhisit Vejjajiva marked his government's first year in office by giving a special presentation broadcast live on TV and radio. The government says while the economy has turned the corner more work is still needed to end insurgent violence in the south and curb corruption.

Presenter: Ron Corben
Speakers: Panitan Wattanayagorn, Thai government spokesman; Kudeb Saikrajang, spokesman for Puea Thai Party; Thitinan Pongsudhirak, a political scientist at Chulalongkorn University.

CORBEN: The special presentation at Government House saw Thai Prime Minister Abhisit Vejajjiva give an almost hour long presentation promoting the achievements of his six party coalition government's first year in office.

Mr. Abhisit told national audiences the government's main achievement had been on the economic front with growth forecast at over 4 per cent in the last quarter of the year, with unemployment half the 800,000 it had reached in the early months of 2009.

Thailand had also faced political upheavals in the early months of the year as supporters of former Prime Minister Thaksin Shinawatra attempted to bring the government down, including the storming of a meeting of Asia Pacific regional leaders back in April in Pattaya. This was followed by three days of street demonstrations in Bangkok before calm was restored.

Panitan Wattanayagorn is the government spokesman who says dealing with the two issues - political and economic - were the government's key achievements.

(571 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Thu Dec 24, 2009 at 09:53:56 AM EST
Thai auto exports fall 6.25%
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BANGKOK - THAI auto exports dropped 6.25 percent in November as European and American markets continued to show poor demand, an industry group said on Thursday.

Thailand's export value dropped to 27.6 billion baht (S$1.16 million), from 28.0 billion baht in October, exporting a total of 58,665 units, said a spokesman for the Federation of Thai Industries (FTI) auto club.

(159 words in story) Full Story

By Rajesh Kumar, Section Business
Posted on Thu Dec 24, 2009 at 07:51:51 AM EST
BMA closes 21 unsafe entertainment venues in Bangkok
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The Bangkok Metropolitan Administration (BMA) has ordered the closure of 21 entertainment venues which failed to meet safety standards advised by City Hall, Bangkok Governor Sukhumbhand Paribatra said Tuesday.

Local authorities in 50 districts of Bangkok have been instructed to inspect the capital's 808 entertainment venues in order to prevent a recurrence of the tragedy which struck the Santika Club during last year's New Year celebration.

The Santika Club blaze in the Ekkamai area left 66 Thais and foreigners dead after they joined the New Year countdown party on December 31, 2008.

Officials have inspected 801 venues so far and advised 531 entertainment places considered unsafe to make adjustments including showing clear signs for exits and installing warning sirens in case of emergency. Meanwhile, 176 venues were ordered to temporarily suspend operations to make improvements.

After the recent inspection, the authorities declared to shut down 21 of them, which failed to improve the safety standard for buildings in the capital. BMA officials will inspect seven entertainment venues Tuesday night.

(286 words in story) Full Story

By Rajesh Kumar, Section News
Posted on Tue Dec 22, 2009 at 11:20:53 PM EST
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