Thailand Live Monday 30 Jul 2012

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POLITICS

Charter amendments should be made by article: House Speaker

The Nation

Somsak

BANGKOK: -- House Speaker Somsak Kiartsuranon said Monday that charter amendments should be made on an article-by-article basis to avoid legal trouble following the Constitution Court's ruling.

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Finance Ministry confident Thai economy will grow despite risks

BANGKOK, 30 July 2012 (NNT)-Ms. Kulaya Tantitemit, Senior Expert on Macroeconomic Policy, Bureau of Macroeconomic Policy, Fiscal Policy Office, the Ministry of Finance has expressed her confidence that the Thai economy will be able to grow as much as 5.7% this year although the Euro debt crisis remains a threat.

According to Ms. Kulaya, the projected growth for the Thai economy would likely be supported by domestic consumption, government and private investments. She added that the economy is quite stable although there are risks, particularly the Euro debt crisis, to be considered in the latter half of this year.

She explained that the industrial index recorded in the EU in May was -2.8% and the unemployment rate had skyrocketed to 11.1%, the highest in its history. Ms. Kulaya said the slowing Chinese and Indian economies could also have significant effect on the Thai economy, given the slowest growth in China, measured at 7.6%, and the 7.3% inflationary rate in India.

-- NNT 2012-07-30

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Cabinet approves Bt5 billion for career starting fund for newly graduates

The Nation

BANGKOK: -- The Cabinet Monday approved Bt5 billion for setting up a revolving fund for students to start their businesses after graduation, Government spokesperson Sansanee Nakpong said.

She said the fund would be managed by the Education Ministry.

The money would come from the 2013 fiscal-year budget, she said.

The fund would be transferred from the allocation for the Small, Medium and Large Enterprises Supporting Fund, she said.

-- The Nation 2012-07-30

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RT @mpoppel: Wow. Austrian newspaper uses Photoshop to make Syrian photo looks (much) worse - http://tinyurl.com/cz7te8p

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Transport Ministry expects Suvarnabhumi to be overcrowded in 4 years

BANGKOK, 30 July 2012 (NNT) – The Transport Ministry is finding ways to solve the anticipated overcrowding problem at Suvarnabhumi Airport, citing the airport will be overloaded in four years.

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Thaksin to visit England, United States

The Nation

BANGKOK: -- Former prime minister Thaksin Shinawatra will visit England later this week before proceeding to the United States, his legal advisor, Noppadol Pattama, said Monday.

-- The Nation 2012-07-30

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Army buys four bomb disposal robots from England at Bt8 million each; for use in far south, delivery by September /MCOT

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Police guilty of murdering youth, 17: Court

The Nation

BANGKOK: -- The Criminal Court Monday handed down a guilty verdict to five former Kalasin-based policemen for their involvement in the extrajudicial killing of a 17-year-old boy in 2004.

Three of them were sentenced to death, another to life imprisonment, and the other to seven years in jail.

-- The Nation 2012-07-30

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SET index closed at 1193.32, up 15.31; Bt/USD31.43; GBP49.28; AUD32.77; EUR38.52; CAD31.10; HKD4.05; SGD25.03; JPY39.86

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RT @mpoppel: Interfax: PUTIN SIGNS INTO LAW BILL CRIMINALIZING SLANDER – KREMLIN

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72-year-old Briton found dead in Chon Buri house

The Nation

CHON BURI: -- A 72-year-old Briton was found dead Monday afternoon in Sattaheep district of this eastern coastal province, police said.

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[Lite Beer]

Decomposing body recovered off Koh Racha, Phuket

Phuket Gazette –

Rescue workers bring the remains of the unidentified man ashore at Chalong Pier in Phuket. Photo: Atchaa Khamlo

The OrBorTor Chalong speedboat used to transport the body from Koh Racha Yai to Chalong Pier this morning. Photo: Atchaa Khamlo

PHUKET: Chalong Police are trying to identify a badly-decomposed human body found washed ashore at Koh Racha Yai early this morning, and now in storage on Phuket.

Full Story: http://www.thaivisa.com/forum/topic/573709-decomposing-body-recovered-off-koh-racha-phuket/#entry5531889

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Thailand Live Tuesday 31 Jul 2012