Bangkok

Demonstration delays launch of new Thai cabinet

Demonstration delays launch of new Thai cabinetBangkok - Thousands of anti-government demonstrators Monday delayed the launch of Thailand's new cabinet by surrounding Parliament Building in Bangkok, barring legislators from entering the premises in the morning.

Thailand's new Prime Minister Abhisit Vejjajiva was forced to delay the delivery of his cabinet's policy statement, a necessary requirement for launching a new administration.

It was unclear whether the session could be opened later in the day, or if the protest would force postponement until after the new year.

Six Thai friends die in car crash after graduation party

Bangkok - Six young Thais were killed when their car fell off an elevated highway on the outskirts of the capital following graduation celebrations, the Nation newspaper reported Saturday.

Car production in Thailand projected to fall sharply in 2009

Car production in Thailand projected to fall sharply in 2009Bangkok - Rapidly sliding global demand is expected to cut Thai automobile production by more than 35 per cent next year, said a report Saturday.

The number of vehicles produced could drop from 1.4 million this year to less than 1 million, if domestic sales fall 10 per cent and exports crash 50 per cent, Wallop Taisiri, director of the Thailand Automotive Institute, was quoted as saying by the Bangkok Post.

Thousands of workers have already lost jobs and more are at risk, the report said.

Thai prime minister says downturn could be worse than 1997

Thai prime minister says downturn could be worse than 1997 Bangkok  - Thais must be resilient going into what could be a very rough 2009, Prime Minister Abhisit Vejjajiva said Friday.

Workers should not engage in disruptive protests against their employers which "unwittingly exacerbate economic woes by undermining business confidence," he said after a meeting with Democrat Party chief advisor, former prime minister Chuan Leekpai.

Fugitive former Thai premier down to his last 500 million

Fugitive former Thai premier down to his last 500 million Bangkok  - Thailand's fugitive former prime minister Thaksin Shinawatra can now lay his hands on just 500 million dollars - about a tenth of his estimated previous wealth, the Nation newspaper said Friday.

The founder of Thailand's biggest telecoms conglomerate was thought to be worth around 5 billion dollars before he was ousted in a September 2006 military coup.

Thai workers block highway in pay protest

Thai workers block highway in pay protest Bangkok  - Workers at a car factory blocked the main highway from Bangkok to the seaside resort of Pattaya Wednesday after rejecting a year-end bonus.

Several high-profile labour disputes have broken out in recent weeks as the economy slows down and employers try to cut jobs and pay.

Two companies of police commandos were deployed when 300 workers of a plant producing cars for Ford Motor Co and Mazda Motor Corp at Rayong province south-east of Bangkok blocked the road after the company trimmed the workers' pay demands.

Pages