Bangkok- Thailand's largest political party on Thursday nominated ousted prime minister Samak Sundaravej to retake the premiership after he was sacked just days ago by a court ruling.

Samak, 73, has accepted the nomination, meaning that the end of Thailand's political crisis is nowhere in sight, according to analysts.

Phnom Penh - Cambodia is content to wait for as long as it takes Thailand to settle its political upheavals and resume talks over disputed border territory, its government said Thursday.

Government spokesman Khieu Kanharith said by telephone that it was the least Cambodia could do to give Thailand breathing room to get its internal affairs in order.

"The dispute over the border has been around 100 years," Kanharith said. "A few more weeks can't hurt."

Hong Kong - Managers in Hong Kong enjoy the highest spending power in Asia and the highest among bosses worldwide outside the Middle East, a survey released Wednesday found.

Hong Kong came in fourth overall while in other Asian countries, bosses in Thailand ranked 10th in global spending power, followed by those in China at 17th, Singapore at 
22nd, Malaysia at 24th, South Korea at 35th and Japan at 39th.

The annual World Pay Report by recruitment specialists the Hay Group surveyed the spending power of bosses in 51 markets worldwide and found US managers ranked 
41st.

Pattani, Thailand - Suspected Muslim militants decapitated a village administrator Tuesday in Thailand's troubled deep South, police said.

Four men on motorcycles, believed to be separatist insurgents, chased Athaphon Konlom, 45, while he was driving his pickup on a back road in Sadawa village in Yarang district, 760 kilometres south of Bangkok, firing on the former police officer with automatic weapons, Police Colonel Poonsak Pasertmek said.

Bangkok - Thailand's ongoing political crisis could lose the kingdom up to 32 billion baht (928 million dollars) in forfeited tourism revenues if the chaos is prolonged, media reports said Tuesday.

Tourism Authority of Thailand Governor Pornsiri Manoharn has warned that up to 840,000 foreign tourists would cancel their trips to Thailand in the upcoming peak season if the country's political standoff continues to the end of the year, The Nation newspaper reported.

Bangkok  - Despite Thailand's ongoing political crisis, its stock market jumped 3.07 per cent Monday, boosted by the US government's takeover of mortgage giants Fannie Mae and Freddie Mac and growing optimism about the world economy.

The Stock Exchange of Thailand index ended at 665.66, up 19.86 points.

"Our market was just following the other markets today," said Puwadorn Labudomsuk, an analyst at Asia Plus Securities. "The rebound was led by foreign investors. Many local investors are waiting to see what the political situation will be tomorrow."