Thailand

Anti-government movement calls off protest in Bangkok

Anti-government movement calls off protest in BangkokBangkok - Thailand's anti-government People's Alliance for Democracy (PAD) has called off a planned protest in Bangkok Monday, defusing political tensions after the prime minister apologized for a crackdown on the movement last week.

PAD leader Sonhdi Limthongkul announced the cancellation of a planned protest outside the National Polcie Bureau late Sunday night after Prime Minister Somchai Wongsawat publicly apologized for a police crackdown on the movement on October 7 that left two dead and almost 500 injured.

Thailand's 108-year-old boatman "Grandpa Yen" dies

Thailand's 108-year-old boatman "Grandpa Yen" diesBangkok - "Grandpa Yen," a 108-year-old Thai-Muslim who lived alone on a small boat on the Phetchaburi River for years, died Sunday from natural causes.

Yen Kaewmanee was found unconscious in his river boat by neighbours Sunday morning and rushed to Prachao Khlao Hospital where he was pronounced dead at 10:40 am, The Nation online news reported.

To save on rent, Yen had been living on small houseboats in the Phetchaburi River since his wife died when he was in his mid-90s.

US crisis threatens Thailand's underwear exports

US crisis threatens Thailand's underwear exports Bangkok - Thailand's largest lingerie-manufacturer has refocused on the domestic market amid predictions that US demand for women's underwear will feel the pinch as a result of the financial crisis, news reports said Saturday.

"We can't rely much of the export market because the crisis will make other countries suspend orders," said Amnuay Bumroongwongtong, managing director of Thai Wacoal - the country's largest manufacturer of luxury lingerie.

Thai bourse falls 9.6 per cent, prompting brief closure

Thai bourse falls 9.6 per cent, prompting brief closureBangkok - Thailand's share prices plummeted 9.6 per cent Friday, prompting regulators to close the market for 30 minutes after midday trading when share values had dropped more than 10 per cent.

The Stock Exchange of Thailand (SET) index ended at 451.96, down 48.03 points, or 9.6 per cent.

After the midday break, the index slipped to 449.91, down 50.08 points, or 10.02 per cent, prompting authorities to close trading for half an hour in keeping with the bourse's regulations.

The bourse resumed trading in the afternoon.

Thai bourse closes after 10 per cent fall

Thai Stock MarketBangkok - Thailand's stock market regulator

Thai tour bus overturns, kills 21 university students

Bangkok - A Thai tour bus taking university students on a field trip overturned on a road ramp Friday, killing 22 people and injuring 27 others, police said.

The driver apparently lost control of the vehicle about 3 am when it was coming down a steep hill in Nadi district, Prachinburi province, 140 kilometres north-east of Bangkok, and it overturned after crashing into a road guard up a dirt ramp.

The driver died in the crash along with 18 male and three female students from Kaset Techno Khon Kaen University.

Prachinburi police chief Major General Sanchai Chaiamporn said authorities were investigating the cause of the accident.

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