FATF Removed Thailand From “Financing of Terrorism” List

The Financial Action Task Force (FATF) has agreed to remove Thailand from its list of nations identified as Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) deficient. Justice Minister Police General Pracha Promnok indicated that Thailand is no longer on the FATF’s blacklist, given its progress in addressing the AML/CFT deficiencies. In addition, […]

Thailand Gov’t Earns THB 950 billion in 1st Half Fiscal 2013

Thailand Government’s earnings in the first half of the 2013 fiscal year amounted to over THB 950 billion, while budget disbursement rose to THB 1.37 trillion. Fiscal Policy Office (FPO) Director-General Somchai Sujjapongse, in his capacity as Commerce Ministry spokesman, disclosed that the government earned a total revenue of approximately THB 957 billion over the […]

Thai DSI Grilling Democrat MPs and Korn Chatikavanji

The Democrat Party MPs are accused of violating Section 57 of the Political Party Act, which requires donations to parties of 20,000 baht and above to be made with a bill of exchange or a cheque signed by the donor. The MPs are accused of making the donations via deductions from their salaries.  

Sincerity Through Action – Deep South Thailand

Yingluck Shinawatra said that the peace process is necessary and time is a vital factor in paving the way towards improving the situation in the deep south. The dialogue will at least help authorities tackle the problem. Thailand’s southern provinces, Yala, Pattani and Narathiwat, has been troubled with the attempts by militants at a high cost […]

Renewable Energy: Inter-Ministerial MoU

Yingluck, the Prime Minister of Thailand, witnessed the signing of an Memorandum of Understanding on renewable energy between the Department of Energy and the Department of Defense. On another note, to strengthen electricity security, Thailand aims to develop an ASEAN power grid to link transmission systems among Southeast Asian countries, as reported by the deputy governor at […]