Bullion has finished its downward trend, supporting the price to reach US$5,500 per ounce or 90,000 baht per baht weight for local gold bars by the end of the year, says Kritcharat Hirunyasiri, chairman of MTS Gold, one of Thailand’s top three gold traders.
The future of the government’s 400-billion-baht emergency loan decree remains uncertain after opposition parties on Monday submitted a petition asking the House Speaker to forward the matter to the Constitutional Court for a ruling.
Thailand is mourning the peaceful passing of “Plai Thong Bai”, a celebrated male elephant famed for having the longest tusks in the country, prompting an outpouring of grief among mahouts and local communities in the Northeast.
Five suspects, Thai navy officers and civilians, accused of involvement in an illegal arms supply network linked to an arrested Chinese national in Pattaya have been charged with the illegal possession and sale of weapons of war.
Nine people were arrested in sting operations in seven provinces for illegal possession of 250 kilogrammes of African ivory smuggled into Thailand through Vietnam.
Police arrested 321 people in the West Jakarta raid on May 7 and 210 people in the May 6 Batam raid. Many were foreigners who reportedly entered Indonesia using its visa-free or visa-on-arrival facilities.
The Land Bridge project was initially promoted under the Pheu Thai government led by former prime minister Srettha Thavisin as both a bold geopolitical vision and a new national economic strategy aimed at helping Thailand escape the middle-income trap.
Phuket: Prime Minister Anutin Charnvirakul has vowed zero tolerance for mafia-style intimidation in this southern resort province after receiving complaints from residents and businesses about harassment by criminal gangs and influential groups linked to encroachment on public land along Bang Tao beach.
Former prime minister Thaksin Shinawatra will be required to wear an electronic monitoring (EM) bracelet during his parole period until Sept 9, after a Justice Ministry subcommittee reaffirmed on Sunday there were no grounds to revise the order.