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BUSINESS

Supreme Court upholds rulings against Rakesh Saxena

Wassayos Ngamkham, Published on 12/09/2022

» The Supreme Court upheld lower court rulings against financier Rakesh Saxena, sentencing him to 335 years in prison in three lawsuits in connection with the Bangkok Bank of Commerce (BBC) embezzlement scandal.

BUSINESS

Govt sees 22% drop in investment pledges this year

Reuters, Published on 12/09/2022

» The government expects overall investment applications to drop by 22% to 500 billion baht this year after a first-half slump, spokesman Anucha Burapachaisri said in a statement on Monday.

WORLD

French jihadist denounces 'unfair' Brussels bombing trial

AFP, Published on 12/09/2022

» BRUSSELS: French jihadist Salah Abdeslam, already jailed for his role in the 2015 Paris attacks, refused to take the stand Monday on the first day of the trial for the 2016 suicide bombings in Brussels.

WORLD

Philippine lawmaker seeks to abolish agency recovering Marcos wealth

Published on 12/09/2022

» MANILA: A Philippines lawmaker has submitted a bill seeking to scrap a commission tasked with recovering billions of dollars in wealth plundered during the rule of the president's late father, arguing it has "outlived its usefulness".

THAILAND

Many Bangkok streets flooded

Online Reporters, Published on 12/09/2022

» Downpours caused flooding of many streets in inner Bangkok on Monday evening, with the weather forecast for heavy rain to continue nationwide until Sunday.

THAILAND

Activist jailed for Thai costume imitating highest institution

Online Reporters, Published on 12/09/2022

» A woman activist was sentenced to prison on Monday for wearing Thai attire with the intention of portraying the highest institution.

BUSINESS

India's rice export curbs paralyse trade in Asia as prices rise

Reuters, Published on 12/09/2022

» MUMBAI: India's restrictions on rice exports have paralysed trading in Asia, with buyers scouring for alternative supplies from Vietnam, Thailand and Myanmar where seller are holding off on deals as prices rise, industry officials said.

THAILAND

Flood warning downstream from Chao Phraya dam

Apinya Wipatayotin, Published on 12/09/2022

» The Office of National Water Resources (ONWR) on Monday warned of possible flooding downstream from the Chao Phraya dam later this week, with the river level expected to rise by 40-60 centimetres on Sept 16-17.

BUSINESS

Asian and European markets rally, euro surges

AFP, Published on 12/09/2022

» Asian and European markets rallied on Monday, building on the momentum of gains in the United States and elsewhere at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.

LEARNING

Shoe shortage closes new River Kwai skywalk

Gary Boyle, Published on 12/09/2022

» The new skywalk along the River Kwai was closed only hours after it was opened, after running out of the special shoes visitors must buy to use the attraction.