Thailand
Thai PM sacks commerce minister after rice fiasco
BANGKOK - Thailand's commerce minister was sacked on Sunday after coming under fire over a rice intervention scheme that resulted in huge losses to the budget and saw the country lose its place as the world's top rice exporter.
Bomb in Thai south kills eight soldiers
BANGKOK - Suspected Muslim rebels in southern Thailand killed eight soldiers in a roadside bomb attack on Saturday, days after the government rejected demands for a ceasefire over the Islamic holiday of Ramadan starting next month.
Thai court delays $9.5 billion flood management project
BANGKOK - A Thai court on Thursday ordered the suspension of planned flood control projects worth around 290 billion baht ($9.5 billion) pending a public hearing, causing delays to a scheme aimed at preventing a repeat of devastating floods in late 2011.
MUFG plans $4.1 billion buy of Thai Bank of Ayudhya: sources
TOKYO - Japan's Mitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire a majority stake in Bank of Ayudhya Pcl , Thailand's fifth-largest lender, in a deal worth over $4 billion, sources familiar with the matter said on Saturday, marking a major turn in the protracted negotiation complicated by Thai regulations.
Thailand's boom: To the northeast, the spoils
UDON THANI, Thailand - Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of Bangkok.
Thai Muslims debate their future as peace talks raise hope
PATTANI, Thailand - Huddled in a room on the periphery of a university campus in the southern Thai province of Pattani, Muslim students debate ideas that have long been considered inflammatory or even treasonous.
Thai election unlikely to end power battle
Former PM Thaksin Shinawatra has been dealt a favorable hand with the Puea Thai Party's landslide win, but analysts say the rivalry between him and conservatives is so deep that future confrontation seems inevitable. Full Article
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