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Thai Manufacturing Production Index grows 2.9% in Q1
By English News

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BANGKOK, May 10 – Thailand’s Manufacturing Production Index (MPI) in the first quarter of this year grew 2.9 per cent, slowing down from 43.8 per cent in the fourth quarter of last year, said Somchai Harnhirun, director-general of the Industrial Economics Office.

The unusual 43 per cent growth in the last quarter was due to the low base from the previous year when Thailand was hit by the devastating flood.

It is expected that in the second half of this year, the MPI will improve from the first half year period, due to increased production resulting from a circle of product upgrades for rising sales in the second half of this year.

The projection is based on the assumption that the baht will stay around Bt30.8 against the US dollar and industry returns to normal, the same as the pre-flood crisis period in 2011.

Auto production has accelerated in response to high demand supported by the government’s first car owner policy. The whole year’s auto production is likely to reach 2.8 million units, an increase of 14.8 per cent from 2012.

The 2013 GDP in the industrial sector is projected to grow 5.5 per cent, breaking down to the expected first quarter growth of 9.08 per cent, the second quarter at 5.68 per cent, the third quarter at 8.13 per cent and the fourth quarter at 0.80 per cent.

Mr Somchai said risk factors in the remaining period of this year are a possible export slowdown, the uncertain global economy, increased labour costs and pressure from the US and Japan’s quantitative easing policy. (MCOT online news)

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-- TNA 2013-05-10

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Foreign Minister: Panda Lin Ping to be sent to China Oct 12, but will return to Thailand when she mates, and will stay in Thailand for 15 years /MCOT

Posted

Suspect denies hacking PM’s Office website
By Digital Media

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BANGKOK, May 10 - A man suspected of hacking into the website of the Prime Minister's Office and posting messages insulting the premier surrendered to police this morning, denying the allegation saying he is ready to cooperate with the police investigation.

Full story: http://www.thaivisa.com/forum/topic/638425-hacker-who-defaced-yinglucks-office-website-agrees-to-surrender/page-2#entry6388177

Posted

Almost 10,000 join anti-freshmen initiation protest online
By Coconuts Bangkok

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BANGKOK: -- An online movement opposed to the infamous orientation activities for Thai college freshmen, known locally as SOTUS, has gained momentum in the past few days, with almost 10,000 people joining a Facebook group expressing opposition to the tradition.

Full story: http://www.thaivisa.com/forum/topic/638546-almost-10000-join-anti-freshmen-initiation-protest-online-thailand/

Posted

Thailand to crack down on rerouting of gold to India
By Deepshikha Sikarwar

NEW DELHI: Thailand has agreed to retrospectively re-examine rules of origin certificates issued to Indian gold importers after New Delhi said third-country gold was routed through Thailand to take advantage of concessional duty available under India-Thailand free trade agreement.

Full story: http://www.thaivisa.com/forum/topic/638548-thailand-to-crack-down-on-rerouting-of-gold-to-india/

Posted

Giant panda back to China in October for mating before returning: Surapong
By Digital Media

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BANGKOK, May 10 - Thai-born giant panda Lin Ping will go back to China this October for mating and she will return to the kingdom as a couple and remain for 15 years longer, Thailand's Foreign Minister said on Friday.

Full story: http://www.thaivisa.com/forum/topic/638554-giant-panda-lin-ping-back-to-china-in-october-for-mating-before-returning-surapong/

Posted

PM's aide accused of blocking USA Today interview with Abhisit
The Nation

BANGKOK: -- Democrat Party spokesperson Chavanond Intarakomalyasut said he had evidence to prove that the government - through PM Yingluck Shinawatra's aide Suranand Vejjajiva - had tried to stop USA Today from interviewing opposition leader Abhisit Vejjajiva.

Full story: http://www.thaivisa.com/forum/topic/638560-yinglucks-aide-accused-of-blocking-u-s-a-today-interview-with-abhisit/

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