Thailand Live Sunday 17 Nov 2013

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Senators urged to stop plan on Bt2 tn bill

BANGKOK: -- Pheu Thai Party spokesman Prompong Nopparit Sunday urged the Group of 40 Senators not to seek the Constitutional Court's ruling on the Bt2 trillion borrowing bill.

The group threatened to seek the Court’s opinion once the Senate passes the law at Monday’s deliberation.

Prompong said that the senators should take into account the national interests and the benefits of the investment scheme.

These senators have acted against public opinions through their legal fightings, he said. This should stop actions meant to seek political gains, for the sake of the nation

-- The Nation 2013-11-17

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Si Sa Ket's Chong Sangam border crossing lively; 1,500 Cambodians shop confidently of no violence after ICJ's verdict on PrearVihear dispute /MCOT

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Govt is hypocrite: Ong-Art

BANGKOK: -- Democrat MP Ong-Art Klampibon Sunday called the Yingluck government a hypocrite.

He said while the government said it supports reconciliation, it also supported the red shrits’ gatherings in provinces. This behaviour will only worsen the situation and Prime Minister Yingluck Shinawatra must take responsibility for this, he added.

He also said that the demonstration at Rajdamneon continues because protesters are unsure if the amnesty bill is already killed. He asked what the government would do if the majority MPs vote to revisit the bill after the 180-day silence period

-- The Nation 2013-11-17

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Phuket: Cops recover kratom, ya ba meth over the weekend.
Eakkapop Thongtub

Pol. Col. Jirapat Pochanapan ordered a clearing out of drug dealers in Patong on Friday night as police found ya ba tablets, ya ba ice (crystal methamphetamine), and kratom water.

Full Story: http://www.thaivisa.com/forum/topic/682296-phuket-cops-recover-kratom-ya-ba-meth-over-the-weekend/

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Southern protesters are mobilised: Prompong

BANGKOK: -- Pheu Thai Party spokesman Prompong Nopparit attacked a political group for mobilising supports from the South.

He said he had the information that 500 protesters from each of Southern provinves like Surat Thani, Chumphon, Songkhla and Nakhon Si Thammarat are being called to Bangkok.

He said this is in line with former Democrat MP Suthep Thaugsuban’s annoucement that the Rajdamneon demonstration would be strengthened.

He noted that Suthep must take responsibility should any violence emerge

-- The Nation 2013-11-17

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Loy Krathong Festival organised throughout Thailand

SUKHOTHAI, Nov 17 - Loy Krathong Festival this year is being joyously organised throughout the country.

In Sukhothai, the annual ceremony began in the morning. A royal krathong was given to the province and paraded so locals could appreciate its beauty. The Loy Krathong event there is held at Sukhothai Historical Park where the royal krathong will be floated at 10.30pm.

In Chiang Mai, traditional ceremonies were held to worship and ask forgiveness from 'Mae Khongkha', or the the Goddess of Water, while a flower market in the provincial seat was lively, as residents came out to shop for flowers to make krathongs despite higher raw material prices.

In Chiang Rai, an event was held in front of Chiang Saen District Office where a giant krathong of 3-metre diametre, a line of 3,999 krathongs, and 999 sky lanterns will be released tonight.

Meanwhile, in Thailand's northeast at the Thai-Cambodian border area in Si Sa Ket's Kantaralak district, the Loy Krathong ambience has started to be lively along the border with Prear Vihear temple. A krathong parade was held and joined in by Thais and foreigners. The district's evening activity is being held at a local park, starting at 6pm.

In the South, Hat Yai Municipality in Songkhla province organised a merit-making and alm-giving ceremony for monks to kickstart the Loy Krathong festival.

In another southern province, at the Thai-Myanmar border at Ranong-Kawthaung, particularly at the ferry crossing point between the two countries, the day has been very lively since morning, as Myanmar people cross the border to join the Loy Krathong event held in Ranong Municipality.

At least 20,000 Myanmar people, both working in Ranong and from Kawthaung, annually participate in this festival. Marine Police Inspector Pol Lt Col Nirat Chuaijit said two patrol boats and personnel are prepared for accident prevention and to enforce safety of those crossing the border by ferry. (MCOT online news)

-- TNA 2013-11-17

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Phuket Opinion: Who deserves a consul?
Phuket Gazette -

Who’s to stop them from getting rained on? Photo: Steven Layne

PHUKET: I read recently that the South Africans may open a consulate on Phuket (story here), and my first thought was, South Africans? They need a consulate?

Full Story: http://www.thaivisa.com/forum/topic/682310-phuket-opinion-who-deserves-a-consul/

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Bus accident injures over 20 Russian tourists

A tour bus flipped over on its side in Rayong, leaving 26 Russian passengers slightly injured.

Full Story: http://www.thaivisa.com/forum/topic/682312-bus-accident-injures-over-20-russian-tourists/

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MARKETS
Poor outlook of EPS growth
The Nation

BANGKOK: -- Asia Plus Securities is prepared to review listed companies' earning growth forecast this year, given political pressure as well as poorer-than-expected third quarter financial results.

Porranee Thongyen, research manager of the securities company, said that the earning growth forecast is lowered, it would be the third downward revision by the house this year.

The earning per share (EPS) growth could be lowered from 15 per cent to 10-12 per cent. In 2014, the EPS growth is forecast could also be lowered to 10-12 per cent, down from 12 per cent.

"We haven’t yet concluded the revision, but the EPS growth tends to decline," she said.

Kim Eng Securities (Thailand) expected political conflicts to further pressure the SET index throughout this month. Yet, if street protests are not stepped up from now, the situation should improve soon.

The National Economic and Social Development Board will tomorrow reveal the third-quarter economic indicators.

The index ended last week at 1,420.66 points

-- The Nation 2013-11-17

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Protest leaders at Democracy Monument will submit petition for removal of 310 MPs voting for Amnesty Bill on Tues if reaches 20,000 names /MCOT

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DSI to name financial supporters of Ratchadamnoen protests

BANGKOK, 17 November 2013 (NNT) - The Department of Special Investigation (DSI) says it will gather solid evidence before revealing the name list of businessmen who sponsor anti-government protests at Ratchadamnoen road. The protest leaders and sponsors might face legal actions if found violating security provisions of the criminal code.

Full Story: http://www.thaivisa.com/forum/topic/682015-thai-govt-threatens-to-seize-assets-of-sponsors-of-anti-govt-rallies/page-6?p=7048871

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to continue:

Thailand Live Monday 18 Nov 2013

http://www.thaivisa.com/forum/topic/682403-thailand-live-monday-18-nov-2013/