Siam News Network

China’s real estate scene is reminiscent of the 2007 US market: developers are slashing prices and infuriating owners who paid top yuan for properties. Problems in the real estate market are extending into steel, banking, mining and other sectors. Vacant developments are numerous because wealthy Chinese savers have few ...

Lèse-majesté charges are on the rise in Thailand, from a single case in 2000 to nearly 500 in 2010. Among the charged is Joe Gordon, an American who translated excerpts of a biography of the Thai King, receiving critical acclaim everywhere but Thailand. Gordon was sentenced to two and ...

The Finance Ministry is preparing to modify related laws in order to force private banks to pay 15 billion baht to the Deposit Protection Agency, which will be part of 30 billion baht used to pay off interests incurred by the Financial Institutions Development Fund. Finance Minister Thirachai Phuvanatnaranubala ...

North Korea is among the poorest nations in the world, enduring government mismanagement that emphasizes military spending, which leads to repeat famines and manipulated relief efforts. With the announcement of Kim Jong Il’s death, North Koreans engaged in a massive display of rote grief, orchestrated, filmed and released to ...

The commerce minister is confident that the new flood defense plan, which will be drafted by the end of this month, will be able to help boost foreign investor confidence and get them to continue to use Thailand as their production base. Deputy Prime Minister and Commerce Minister Kittirat ...

Representatives of the private sector in Tak Province call on the prime minister to negotiate the reopening of the Mae Sot-Myawaddy border checkpoint with the Myanmar government. They are saying businesses are losing as much as one hundred million baht a day while the border remains closed.Read more: ...

The deputy finance minister has instructed the Thailand Tobacco Monopoly board to reinforce flood prevention measures if it plans to proceed with the construction of its new headquarters and tobacco production facilities at the Rojana industrial estate.See the original post: Flood Prevention Suggested for New Tobacco OfficeOn ...

Here is a roundup of news on the floods from newspapers in Thailand , news wires and websites on Thursday, Nov. 10, 2011. The Wall Street Journal hasn’t verified these stories and doesn’t vouch for their accuracy. Bang Chan Industrial Estate faces severe inundation : Bang Chan Industrial Estate is ...