Q1 (by Nirmal Ghosh, Straits Times): Since assuming office you’ve spoken of reconciliation. Yet one and half years later, we see Thailand even more divided. There’s no sign of any reconciliation. It seems as if there is suppression of the elements that you are talking about, part of the Red Shirt movement, the leadership, and so forth. How realistic is this reconciliation plan of yours given this history?
PM Abhisit: Well, first, I’ve always talked about reconciliation that is based on the rule of law.  Every time that we took an initiative …

PM Abhisit (centre) is seen briefing the foreign press about the recent Bangkok violence
Last Saturday, ten days after the violent riot in Thailand’s capital city of Bangkok ended with arson attacks and lootings, Prime Minister Abhisit Vejjajiva had an official meeting with the representatives of foreign media, after a briefing to foreign envoys and representatives of international organisations, to explain what had happened during the two-month-long protest of a group called the “United Front for Democracy against Dictatorship (UDD)” or the “Red Shirts” and what the government plans to do …

The Bank of Thailand (BoT) yesterday decided to keep the key interest rate unchanged at 1.25 percent during the fourth meeting of its Monetary Policy Committee (MPC) this year.
BoT assistant governor Paiboon Kittisrikangwan, who announced the outcome of the Monetary Policy Committee (MPC) meeting, disclosed that the decision to maintain the policy rate at 1.25 percent was mainly due to the uncertainties related to the impact of sovereign debt problems in Europe and the domestic political situation which are still the key risks to Thailand’s growth outlook.
According a statement of …

Former senior executive vice president of Siam Commercial Bank Plc, Charamporn Jotikasthira, yesterday became the new president of the Stock Exchange of Thailand (SET), succeeding Patareeya Benjapolchai whose tenure ends on May 31.
Charamporn, selected by SET’s board of governors in March, will serve his four-year term as the Thai bourse’s eleventh president until May 31, 2014.
Charamporn, 53, earned his bachelor’s degree in Electrical Engineering and Computer Science from the Massachusetts Institutes of Technology and an MBA from Harvard Graduate School of Business Administration, USA.
He joined the Siam Commercial Bank Plc …