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Thai court seizes S$1.96 billion of Thaksin family assets
The Thai Supreme Court has ordered the seizure of 46.37 billion (S$1.96 billion) of the 76.6 billion(S$3.2 billion) baht in frozen assets belonging to the Shinawatra family. In a marathon verdict that took seven hours to deliver, the Supreme Court said the former prime minister and one-time owner of Manchester City Football Club had concealed his [...] -
Thailand: Rising Concerns as Migrant Workers’ Nationality Verification Deadline Approaches
More than one million migrants in Thailand face possible deportation and further abuse if they fail to meet a deadline this week to register with authorities, New York-based Human Rights Watch said. Thailand has ordered all migrants from neighboring Myanmar, Cambodia and Laos to register and verify their nationality by Feb. 28 or risk deportation, as [...] -
Caution or optimism over Asian economic recovery?
After Taiwan and Thailand announced strong economic growth in 4Q 2009, the Financial Times and Bloomberg responded with reports on increased demand and better growth prospects in Asia for 2010. Taiwan’s fourth quarter growth was up 9.6% year-on-year, while Thailand’s was up 5.8%. The New York Times, however, was less optimistic, and stressed that the [...] -
Thailand: Thaksin’s Judgement Day on Feb 26
As “Judgement Day” on former PM Thaksin Shinawatra’s Bt76-billion assets-seizure case nears, bomb-related incidents took place in Bangkok over the Chinese New Year weekend and people are starting to get jittery. On Feb 26, the Supreme Court’s Criminal Division for holders of Political Positions will give its verdict on whether 76 billion baht in frozen assets [...] -
Cambodia and Thailand border dispute escalates
Tensions between Cambodia and Thailand increased this week, amidst warnings from Prime Minister Hun Sen that Cambodia will file a complaint to the International Court of Justice that its neighbour, Thailand is encroaching on its territory. The disputed land is located near the landmark of the Preah Vihear Temple, in northern Cambodia. Preah Vihear temple [...] -
UPDATE 2: Four killed in Thai south ahead of Thai, Malay PMs’ visit
UPDATE2 (Dec. 9): Unknown gunmen killed two soldiers in an ambush in Narathiwat on Dec. 8, in addition to the two killed in the market the day before. Malaysia and Thailand’s Prime Ministers are still set to meet this afternoon. —– UPDATE (Dec. 8): Just days before Malaysian and Thai leaders are set to tour Thailand’s unstable [...] -
Thailand: Thaksin supporters call off protest
Thai supporters of fugitive former premier Thaksin Shinawatra called off protests due to start this weekend after Thaksin said the protests would occur too close to the King’s birthday. The red-shirted protestors were to rally in favor of current PM Abhisit Vejjajiva’s resignation. The Thai stock market rebounded 2.88% on the news. PM Abhisit said that the [...]
