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By admin ⋅ July 3, 2008 ⋅ Post a comment

(Jul 3) Rumor has been surfaced that there is an attempt to replace finance minister Dr. Surapong Seubwonglee with someone more professional in economy and finance. Three guys called, Dr. Krong, Thanong, and Olal, surfaced as potential candidates. Dr. Surapong insists he would not resign in response.

By admin ⋅ July 3, 2008 ⋅ Post a comment

(Jul 3) Finance Minister Surapong Suebwonglee expressed confident on Wednesday that inflation rate will not reach the double-digit level as many have feared–fueling by the oil prices that remain staying at a considerable high level.

By admin ⋅ July 2, 2008 ⋅ Post a comment

(Jul 2) The central bank may raise interest rate to curb inflation, a leading economist forecasted.

By admin ⋅ June 28, 2008 ⋅ Post a comment

Finance Minister Surapong Suewonglee expressed confident on Friday that investors have a positive view towards the parliamentary debate and the result, which help eased political tension.

By admin ⋅ June 18, 2008 ⋅ Post a comment

Commerce Minister Mingkwan Sangsuwan said he will soon step down from the post—citing deteriorating support from the People Power Party.

By admin ⋅ June 16, 2008 ⋅ Post a comment

The central bank has sent signal on Monday that the interest rate may rise in order to rule out inflation and quell consumer concerns over rising commodities prices.

By admin ⋅ May 27, 2008 ⋅ Post a comment

Finance Energy Minister Poonpirom Liptapanlop said on Monday she wants to raise oil levy into the government fund up to 1 baht ($0.03) per liter, an address that sent energy stocks an instant stumble.

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