Thailand Live Saturday 22 Feb 2014

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Thai rubber sector outlook brightens



BANGKOK, 22 Feb 2014, (NNT) - Both the government and private sectors have indicated that the global price of natural rubber will begin to recover within the next 2-3 months.

Both sources agree that the political turmoil has no bearing on the local natural rubber price, while demand from world's largest economy, China, is rising.

According to the Association of Natural Rubber Producing Countries (ANRPC), the rubber output in various natural rubber producing countries has dropped thanks to the colder-than-usual weather conditions.

The ANRPC stated that cold weather had only slightly affected Thailand's natural rubber production, which had declined by as little as 5%.

Meanwhile, the Thai Rubber Association revealed that since para's prices in Thailand had plunged, local producers had been making an effort to sell para rubber stockpiles, nearly depleting the national stock. The Association reports only a small rise in demand would drive the price strongly.

The agency also indicated China, the world's biggest rubber consumer, is expected to increase rubber consumption to as much as 8.3 million tons this year. It predicts Thailand could increase its rubber exports by 11%.


-- NNT 2014-02-22

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Bank of Thailand says 2014 GDP might not have to be reduced



BANGKOK, 22 February 2014 (NNT) - Director of the Bank of Thailand's Monetary Policy Department, Mrs. Roong Mallikamas, revealed that the Bank of Thailand is closely following the world economic situation, Thailand's economic situation, and the Thai political situation to determine whether the national GDP for 2014, with the previous forecast growth of 3%, will have to be adjusted.

Mrs. Roong admitted the National Economic and Social Development Board's forecast that the Thai economy will grow 2.9% is similar to the Monetary Policy Department's forecast of 3%.

She added that statistics show that the 2014 GDP will probably not be significantly adjusted because the economic forecast for this year is not only dependent on last year's performance. There are many factors to be considered, some of which have already changed. The Monetary Policy Department will consider these factors in an upcoming March 12 meeting.

-- NNT 2014-02-22

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RT @tulsathit: AIS chief, bracing for potentially massive subscription cancellation: We have nothing to do w/ politics & Shinawatra.

RT @tulsathit: AIS chief: AIS employees have mouths to feed, too.

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UPDATE:

Five victims from Pratunam bombing return home
By Digital Content



BANGKOK, Feb 22 -- Five victims from Pratunam bombing last night have been released from hospital while the remaining one was still under observation by doctors, according to the Bangkok Metropolitan Administration (BMA)'s Erawan Medical Centre.

Full story: http://www.thaivisa.com/forum/topic/706162-six-wounded-in-a-suspected-bomb-blast-near-ratchaprasong-rally-site/page-2#entry7473777

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RT @tulsathit: Kittirat on FB: Political crisis is affecting the economy. via @jeerapong_nna

RT @tulsathit: The idea of cancelling current SOE and declaring a new one to get around Civil Court restrictions is being seriously questioned.

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RT@BPbreakingnews: Asst village chief slain in Yala

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RT@tulsathit: CMPO: Sathis Sehgal deportation decision has not been made. Delay's nothing to do with immigration authorities' opposition.

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CMPO on Monday to appeal Civil Court verdict prohibiting them from dispersing protesters, to seek Constitutional Court ruling against PDRC /MCOT

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Three villagers killed in a gun attack by assailants on motorcycle in Yala's Kabang, assistant village headman killed in Raman district /MCOT

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Phuket cops' early morning raid nets 11 thieves, drug users
Phuket Gazette


The police raid that landed 11 suspects followed two bag-snatchings in Phuket Town. Photo: Kritsada Mueanhawong

PHUKET: -- Police netted nearly a dozen snatch-theft and drug suspects during an early morning raid in Phuket Town on Friday.

Full story: http://www.thaivisa.com/forum/topic/706223-phuket-cops-early-morning-raid-nets-11-thieves-drug-users/

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Phuket drug crackdown apprehends 62
Phuket Gazette

PHUKET: -- Phuket police officers apprehended 62 people on drug charges yesterday as part of an anti-drug sweep in Phuket Town and Rassada ordered by Phuket Governor Maitri Inthusut.

Full story: http://www.thaivisa.com/forum/topic/706226-phuket-drug-crackdown-apprehends-62/

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5 of 6 people wounded by bomb near anti-govt stage at Pratunam area 8:45 pm Fri. night were released from hospital /The Nation

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Many protesters flock to switch mobile phone operator from AIS to other companies after Suthep urges boycott of Shinawatra family products /MCOT

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RT@tulsathit: House committee on agriculture suspects that a large amount of Cambodian rice is in govt's rice scheme storage.

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RT@teamkorn: RT @PatricLand: RedShirts perform black magic at Civil Court to curse judges after SOE ruling bit.ly/1cAKpOy pic.twitter.com/jnqOmdoOro

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to continue:

Thailand Live Sunday 23 Feb 2014

http://www.thaivisa.com/forum/topic/706331-thailand-live-sunday-23-feb-2014/