http://www.thailandobservers.com Thu, 15 Jul 2010 03:00:24 +0000 http://backend.userland.com/rss092 en The Bank of Thailand (BoT) yesterday decided to raise its 15-month-long key policy rate of 1.25 percent by 0.25 percent, due to the country’s economic recovery and the central bank’s confidence in continuous economic growth. In April last year, the BoT’s Monetary Policy Committee (MPC) had cut the one-day repurchase rate ... http://www.thailandobservers.com/thailand%e2%80%99s-central-bank-raises-policy-rate-to-150-pct/ Date of Birth:  August 20, 1952   Education: 1974 -- Bachelor of Engineering, First-class Honours, Chulalongkorn University, Bangkok 1976 -- Master of Engineering in Industrial Engineering and Management, Asian Institute of Technology, Bangkok 1978 -- Master in Business Administration, Harvard University, Massachusetts, USA 1981 -- Doctor of Business Administration, Harvard University, Massachusetts, USA   Current Position: 2004 - present ... http://www.thailandobservers.com/dr-prasarn-trairatvorakul-the-next-governor-of-the-bank-of-thailand/ Thailand’s Cabinet yesterday endorsed the nomination of Dr Prasarn Trairatvorakul, currently the president of Kasikornbank Plc, as the new governor of the Bank of Thailand (BoT). The 58-year-old, Harvard-educated, banker will succeed Dr Tarisa Watanagase who will retire at the end of September, after receiving a Royal appointment from His Majesty ... http://www.thailandobservers.com/thai-cabinet-endorses-kbank-president-prasarn-as-new-central-bank-chief/ 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 ... http://www.thailandobservers.com/question-answer-session-during-prime-minister-abhisit-vejjajiva%e2%80%99s-briefing-on-the-political-situation-for-international-media-at-the-government-house-on-may-29/ [caption id="attachment_1448" align="alignnone" width="300" caption="PM Abhisit (centre) is seen briefing the foreign press about the recent Bangkok violence"][/caption] 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 ... http://www.thailandobservers.com/thai-pm-meets-international-press-on-bangkok-violence/ 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 ... http://www.thailandobservers.com/thai-central-bank-maintains-policy-interest-rate-at-125-percent/ 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 ... http://www.thailandobservers.com/charamporn-takes-the-post-of-thai-bourse%e2%80%99s-president/ [caption id="attachment_1433" align="alignnone" width="300" caption="Thailand's GDP soars by better-than-expected 12 percent in Q1 ahead of recent riots in the capital city of Bangkok."][/caption] Thailand’s economy expanded by 12 percent, the highest in 15 years, during the first quarter of this year as a result from global economic recovery and the improvement ... http://www.thailandobservers.com/thai-economy-grows-at-15-year-high-rate-of-12-pct-in-first-quarter/ [caption id="attachment_1429" align="alignnone" width="300" caption="Prime Minister Abhisit Vejjajiva (right) is seen presiding over the seminar on the privileges for ROHs while Deputy Finance Minister Pradit Phataraprasit (left) looks on."][/caption] Thailand plans to offer a package of tax benefits for companies setting their regional operating headquartres (ROHs) in this Southeast Asian country ... http://www.thailandobservers.com/thailand-to-offer-new-tax-benefits-for-regional-business-headquartres-from-june-1/ Thailand’s national flag carrier, Thai Airways International Plc (THAI), on Tuesday announced its plan to resume direct flights to Johannesburg from June 2 onward. THAI launched its direct flights to Johannesburg, the largest city in South Africa, on October 31, 2006, but later suspended the direct flights in January 2009, stating ... http://www.thailandobservers.com/thai-to-resume-direct-flights-to-johannesburg-on-june-2/