Briefing on Political Situation in Thailand

The Permanent Secretary of the Ministry of Foreign Affairs of Thailand, Mr. Sihasak Phuangketkeow, on 26 November 2013 gave a briefing on the current political situation in Thailand to representatives of the diplomatic corps and international organizations in Thailand.

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Policy Rate Has Been Reduced to 2.25 Percent

The Monetary Policy Committee (MPC) of the Bank of Thailand voted unanimously on 27 November 2013 to reduce the policy rate by 0.25 percent, from 2.50 to 2.25 percent per annum.

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A Summary of the Tourism Situation in Thailand

International tourist arrivals in Thailand from January to October 2013 increased to 21.7 million, up by 22.3 percent over the same period of 2012.

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Government Extends the Enforcement of the Internal Security Act

Prime Minister Yingluck Shinawatra has announcedd the Government’s decision to extend the enforcement of the 2008 Internal Security Act (ISA), after the anti-government protesters stepped up their protests.

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Phi Ta Khon Listed as One of Thailand’s National Treasures in 2013

The Department of Cultural Promotion, under the Ministry of Culture, has registered Phi Ta Khon, or the Ghost Festival, as one of Thailand’s cultural heritage items in 2013.

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Great Opportunities for Thailand to Attract Muslim Tourists in AEC

The Muslim tourism market worldwide is likely to grow further. It is receiving greater attention in Southeast Asia, in anticipation of 2015, when the ASEAN Economic Community (AEC) goes into full effect.

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Thailand’s Investment in 2013 Likely to Reach 900 Billion Baht

Thailand’s investment value from January to October 2013 amounted to 757 billion baht. It is expected that the value will reach about 900 billion baht by the end of the year, against 1.46 trillion baht registered in 2012.

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Thailand Provides Relief Assistance to the Philippines

Thailand has presented 200,000 US dollars (around six million baht) to Her Excellency Jocelyn S. Batun Garcia, Ambassador of the Philippines to Thailand, as part of its contribution to the Government of the Philippines for disaster relief following the devastation caused by typhoon Haiyan.

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Thai Economy in 2013 and Outlook in 2014

The Thai economy in 2013 is projected to grow by 3 percent, compared with 6.5 percent in 2012. The growth rate is likely to be around 4-5 percent in 2014.

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Prime Minister Cites ICT Connectivity as Key to Inclusive Growth

Prime Minister Yingluck Shinawatra, in her keynote address at the Connect Asia-Pacific Summit 2013, has stated that ICT connectivity is key to inclusive growth and development.



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