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2024-07-17 11:22:43

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2024-07-06 05:13:15

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2024-06-28 22:57:23

Thailand’s Role in U.S. Economic Security Recognised
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The United States has acknowledged Thailand’s growing importance in its economic security. The President’s Export Council (PEC) and U.S. Secretary of Commerce Gina Raimondo visited Thailand to bolster trade and investment ties. The PEC released a report titled 'REPORT OF THE PRESIDENT’S EXPORT COUNCIL: Reflections on Commercial Engagement in the Indo-Pacific and Recommendations for Strengthening the U.S. Commercial Relationship,' which highlights the economic prospects and partnership between the U.S. and Thailand. Thailand is the U.S.'s 18th largest trade partner, with a trade volume of approximately 72.1 billion US dollars in 2023. Thai investments in the U.S. stand at 2.5 billion dollars. The report also recognizes Prime Minister Srettha’s efforts in making Thailand more attractive to foreign investors. The focus is on increasing foreign investment, enhancing economic efficiency, and improving the well-being of the Thai population.
#Thailand #Us #EconomicSecurity #Trade #Investment
https://aseannow.com/topic/1331033-thailand%E2%80%99s-role-in-us-economic-security-recognised/

2024-06-19 23:22:27

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2024-05-17 09:33:06

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2024-05-17 09:32:55

Shame on democracy
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Pro-democracy activist Netiporn Sanesangkhom died on Tuesday, May 14, 2024, after suffering a cardiac arrest while on a hunger strike in Thailand. She was calling for judicial system reform and the release of political dissidents. Diplomats and human rights organizations have expressed condolences and called for an investigation into her death.
#Prodemocracy #Activist #Death #HungerStrike #JudicialSystemReform #PoliticalDissidents #Condolences #Investigation
https://aseannow.com/topic/1327499-shame-on-democracy/

2024-05-13 14:36:23

Thai Man Accuses Wife of Fraud and Violence, Pleas for Justice
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A 32-year-old Thai man from Ubon Ratchathani has accused his 34-year-old wife of fraud, infidelity, and violence. The man approached local media outlets seeking assistance and revealed a story of deceit, emotional manipulation, and physical harm. He claims that his wife maintained a secret connection with her Singaporean ex-boyfriend and displayed inappropriate behavior with another male friend during the Songkran Festival. The husband also alleges enduring physical abuse from his spouse and her associates. The situation escalated on May 4 when the wife falsely accused him of abuse, leading to confrontations with her friends. The man fired two warning shots from his gun to escape the situation but was chased and involved in a car crash. Despite the injuries, the assault continued in the presence of law enforcement, resulting in the man's arrest. He faces charges for discharging a firearm in public and drink driving, which he plans to contest in court. The man is seeking justice, including a divorce, the return of his money, and due process for the psychological and physical harm he endured.
#DomesticViolence #Fraud #Justice #Thailand
https://aseannow.com/topic/1327184-thai-man-accuses-wife-of-fraud-and-violence-pleas-for-justice/

2024-01-26 02:06:28

Thai baht could depreciate further against US dollar, says K-Research
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Kasikorn Research Centre (K-Research) predicts that the Thai baht could depreciate further against the US dollar, potentially reaching 36 baht to a dollar. This forecast is based on robust US economic data expected to be released later in the week and any delays in the Federal Reserve's proposed interest rate cuts. K-Research notes continued capital outflows from Thailand due to weaker-than-expected economic results. The baht was trading between 35.76-78 against the US dollar, with a slight depreciation from the previous day's closing rate of 35.68. Kanjana Chockpisansin, head of research at K-Research, suggests that signs of resilience in the US manufacturing and service sectors could influence the Federal Reserve to maintain high-interest rates for a longer period. However, the Thai economy's outlook remains precarious, lacking the fundamental factors required for growth. As of January 24, the Thai stock market has seen fund outflows totaling 23.9 billion baht ($668 million) year-to-date, with foreign investors also selling Thai bonds worth 5.9 billion baht ($165 million).
#ThaiBaht #UsDollar #K-research #EconomicData #FederalReserve #InterestRates #CapitalOutflows #ThaiStockMarket #ForeignInvestors #ThaiBonds
https://aseannow.com/topic/1318086-thai-baht-could-depreciate-further-against-us-dollar-says-k-research/