Thailand

Thai central bank raises interest rate to curb inflation

Thai BankBangkok  - Thailand's central bank on Wednesday raised its benchmark interest rate for the first time in two years, hiking it 0.25 per cent to 3.5 per cent in an effort to curb inflation.

Duangmanee Vongpradhip, assistant governor of the Bank of Thailand's monetary policy division, said the hike to the bank's one-day bond repurchase rate was deemed necessary to keep inflation from getting out of control.

Thailand announces stimulus package aimed at helping the poor

Bangkok - The Thai government on Tuesday announced an economic stimulus package amounting to an estimated 1.4 billion dollars in reduced fuel taxes, slashed utility bills and free transport for th

Cambodia nabs three Thai protestors at controversial border temple

Bangkok - Cambodian soldiers on Tuesday detained three Thai protestors, including one Buddhist monk, who had crossed the border to demonstrate against the listing of Preah Vihear temple as a UN Wo

Thai airline to be sued in US for crash

Bangkok - Relatives of people who died when a no-frills Thai airline crashed last September are poised to sue for 400 million dollars in compensation in the United States, reports said Saturday.

Corruption trial of former Thai prime minister begins

Bangkok  - Thailand's Supreme Court on Tuesday started hearings against ex-premier Thaksin Shinawatra and his wife Potjaman in the first corruption case to be successfully lodged against the contro

Couple shot and burned in Thailand's deep South

Pattani, Thailand - Suspected Islamic separatists on Tuesday shot dead a couple and burned their bodies on the roadside in the latest atrocity to hit Thailand's troubled, majority-Muslim deep Sout

Pages