Thai Airways Threatens Strike If Govt Refuses To Quit
BANGKOK — The leader of the Thai Airways union has threatened to call a strike and shutdown the company if the government refuses to resign by 21 May.
Thailand Suffers Worst Tourism Growth in Years: TAT
BANGKOK — Thailand is seeing the smallest growth in tourist numbers in five years as a result of the country’s prolonged political crisis, says the Tourism Authority of Thailand (TAT).
Govt to Put Cheap Food Stalls Inside Supermarkets
BANGKOK — The Department of Internal Trade has announced a plan to install food stalls selling inexpensive items inside major supermarkets across the country.
Rice Payments Further Stalled By Ousting of Finance Minister
BANGKOK — Farmers who are still waiting to be paid for participating in the government’s rice-pledging program will be forced to wait even longer now that the country lacks a Finance Minister, a government official said.
Northern Earthquake Costs Thailand '2 Billion Baht'
BANGKOK — The 6.0 magnitude earthquake that shook northern Thailand on Monday caused 2 billion baht in damages, a prominent economist has estimated.
Apple awarded 119 million dollars for Samsung patent infringement
LOS ANGELES (DPA) — A California jury handed down its verdict in the Apple-Samsung trial Friday afternoon, finding that Samsung infringed on two Apple patents.
Thai Banks 'Capable of Facing Prolonged Crisis'
BANGKOK — Despite the economic fallout caused by Thailand’s protracted political crisis, Thai commercial banks are still enjoying a high level of stability, a top official insists.
Thailand 'Secures' Rice Deal With the Philippines
BANGKOK — Thailand has reached a trade agreement that will allow the kingdom to sell at least three million tonnes of rice to the Philippines over the next three years, a top official said.
Debt-Ridden Thai Airways To 'Cut 5,000 Staff'
BANGKOK — Facing huge financial losses, Thai Airways is slated to "encourage" 5,000 of its employees to resign in order to save operational costs, the director airline said.
Top Official: Thai Airways Must Be Privatised
BANGKOK — A former Thai Airways executive told a public forum today that privatising Thai Airways is the only way to save the debt-ridden national airline from an imminent financial collapse.