RATINGS / Fitch downgrades outlook to negative
Fitch Ratings yesterday cut its ratings outlook for Thailand to negative due to rising political risk.
The agency affirmed Thailand’s long-term foreign and local currency ratings at BBB+ and A. Short-term foreign ratings were affirmed at F2 with t... Read more.
Written on Thursday, December 11th, 2008 | Posted in
Thailand News
CPN postponing new shopping malls / Firm hopes building costs may decline
PITSINEE JITPLEECHEEP
Central Pattana Plc, the SET-listed property development arm of the Central Group of Companies, will postpone new retail development locally and abroad next year to reduce business risks.
Greeting guests ... Read more.
Written on Thursday, December 11th, 2008 | Posted in
Thailand News
POLITUCS / Fatal bombing at D.Mueang
The People’s Alliance for Democracy has asked highway police to block one lane of the Don Muang tollway near the airport after a fatal grenade attack from the tollway on protesters occupying Don Mueang airport early yesterday.
ReportersaccompanyPrime Minist... Read more.
Written on Thursday, December 11th, 2008 | Posted in
Thailand News
COMMENTARY / Dream of an aviation hub shattered
Boonsong Kositchotethana
The seizure of Bangkok’s two airports and an air control tower by supporters of the People’s Alliance for Democracy raises a very serious question about the security of Thailand’s main aviation infrastructure ... Read more.
Written on Thursday, December 11th, 2008 | Posted in
Thailand News
LOGISTICS / DHL expects free cargo flow
YUTHANA PRAIWAN
DHL Express International (Thailand), the world’s leading air delivery and logistics provider, is confident that the cargo terminal in Suvarnabhumi airport will soon resume its normal operations.
The anti-government People’s Allianc... Read more.
Written on Thursday, December 11th, 2008 | Posted in
Thailand News
Court ruling could worsen economic downturn
CHATRUDEE THEPARAT AND WICHIT CHANTANUSORNSIRI
The political vacuum created by the Constitutional Court ruling yesterday could result in further damage to Thailand’s ailing economy as key stimulus programmes and measures are delayed pending the forma... Read more.
Written on Wednesday, December 3rd, 2008 | Posted in
Thailand News
Dissolved parties will reform as new entities / Coalition partners vow they will stick together
POST REPORTERS
The People Power, Chart Thai and Matchimathipataya parties are to be reborn under different names as they reel from the political blow of being dissolved by the Constitution Court.
Chart Th... Read more.
Written on Wednesday, December 3rd, 2008 | Posted in
Thailand News
Conflict leaves nation’s reputation abroad in tatters
PAVIN CHACHAVALPONGPUN
The political face-off between the People’s Alliance for Democracy (PAD) and the Somchai Wongsawat government has not only seriously caused great political instability, but also tremendously damaged the country&... Read more.
Written on Wednesday, December 3rd, 2008 | Posted in
Thailand News
Dissolved parties will reform as new entities / Coalition partners vow they will stick together
POST REPORTERS
The People Power, Chart Thai and Matchimathipataya parties are to be reborn under different names as they reel from the political blow of being dissolved by the Constitution Court.
Chart Th... Read more.
Written on Wednesday, December 3rd, 2008 | Posted in
Thailand News
Chalerm wild card for PM / Charter court dissolves PPP, key coalition allies
AEKARACH SATTABURUT AND KING-OUA LAOHONG
Public Health Minister Chalerm Yubamrung has emerged as a possible new prime minister after Somchai Wongsawat was disqualified by the Constitution Court in the dissolution cases agai... Read more.
Written on Wednesday, December 3rd, 2008 | Posted in
Thailand News