Thailand’s Economic Fundamentals are Strong

It has been reported that Thailand’s economic fundamentals are strong, including a track record of growth, stability and fiscal discipline, healthy balance sheets of commercial banks and corporations, high international reserves, and manageable public debt.

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Care for Religious Practices by Muslim Thais in the Deep South during Ramadan

Security forces are ready to take good care of Muslim Thais in the southern border provinces to ensure their safety, thus enabling them to perform their religious practices free from anxiety during Ramadan, the ninth month in the Islamic calendar.

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Explanation for the Government’s Rice Pledging Price Reduction

In explanation of the Government’s decision to cut the rice pledging price, Prime Minister Yingluck Shinawatra said that the price reduction was aimed at creating economic balance in several dimensions.

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Government’s Policy on Urban Development

Urban development has been cited as a major policy of the Yingluck Shinawatra administration. Minister to the Prime Minister’s Office Niwattumrong Boonsongpaisan stated that the Prime Minister wanted urban communities in Bangkok and the provinces to be developed in response to the needs of local residents.

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Thailand to Burn Almost 3.4 Tons of Illicit Drugs

A total of 3,363 kilograms of illicit drugs will be burned at a drug bonfire on 26 June 2013, which marks the International Day against Drug Abuse and Illicit Trafficking.

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Rice Pledging Price to Be Cut by 20 Percent

Starting from 30 June 2013 onwards, the rice pledging price under the Government’s rice-pledging scheme will be cut by 20 percent, from 15,000 baht to 12,000 baht per metric tonne during the 2012/2013 production year.

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Addressing the Threats to Cyber Security

Thailand has recently established the National Cyber Security Committee, chaired by the Prime Minister, to address the threats to cyber security.

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Cabinet Approves the Selection of Four Bidders for the Water Management Project

The Cabinet, during its meeting on 18 June 2013, approved results of the selection of four bidders for the design and construction of sustainable water resource management and flood prevention systems in Thailand. .

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Thailand Promotes and Protects Foreign Investments

Prime Minister Yingluck Shinawatra has stated that the Government recognizes the important role of the private sector in supporting economic growth. That is why it has implemented policies to further promote and protect foreign investments.

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Thai Capital Market Ready for the US Withdrawal of its Monetary Stimulus

Governor of the Bank of Thailand Prasarn Trairatvorakul stated that the Thai capital market is prepared to cope with the US withdrawal of its monetary stimulus through quantitative easing.



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