The International Monetary Fund said Thailands economy may expand as much as 8 percent this year after deadly political protests ended last quarter without derailing growth.

Thailands central bank raised its benchmark interest rate for the first time in almost two years after deadly political protest ended last quarter without derailing the economy.

Myanmar faces a tough task to eradicate extreme poverty and meet other global development goals, while political instability is holding back Thailands progress, the UN development chief said.

The founder of Thailands yellow shirt protest movement, which was behind the week-long occupation of Bangkoks main airports last year, was shot and wounded on Friday, but a doctor said his life was not in danger

Latest Thailand News

  • P.Thai: Govt to stay on until next April
    The Democrat-led coalition government will stay in power until next April as several factors support Prime Minister Abhisit Vejjajiva to continue running the country, Puea Thai MPs chairman Chalerm Yubamrung said on Saturday.
  • Floods kill 37 in China's northeast
    The death toll from floods sweeping through northeastern China has risen to 37, state media said Saturday, as authorities raced to intercept 12 heavy vessels hurtling down a major waterway.
  • Villager killed in Narathiwat shooting
    A Muslim man was shot dead and his cousin seriously injured by gunmen who stormed their hut in Ire Buergae village of Narathiwat’s Janae district while they were sleeping late Friday night, said Pol Col Thirawut Thissathian, Janae police chief.
  • Puea Thai expects to form next govt
    The Puea Thai Party expects to win about 255 parliamentary seats in the next general election and become a core party to form the next government, MPs chairman Chalerm Yubamrung said in Lamphun on Friday night.
  • Polls turn against Australian PM Gillard
    Australia's conservative opposition has taken an election-winning lead over Prime Minister Julia Gillard's embattled party just weeks ahead of an election, a poll showed Saturday.
  • Pakistan monsoon floods kill more than 400
    Rescue workers and troops in northwest Pakistan struggled Saturday to reach thousands of people affected by the country's worst floods in living memory, as the death toll rose past 400.
  • China coal mine blast leaves 15 dead
    Fifteen people have been killed in a coal mine blast in northern China, local authorities and state media said Saturday, in the second major industrial accident to hit the country this week.
  • Gold prices for Saturday announced
    The Gold Traders Association today announced the buying price at 17,691.72 baht per baht-weight for gold ornaments and 17,950 baht per baht-weight for gold bar.
  • More...