thegreglowe.com

Despite reports of there being more than 100,000 red shirts in Bangkok already, at about 6pm tonight the numbers were still relatively low around the main convergence point at Ratchadamnoen Klang Avenue. The red shirts had set up tents all along the road, from quite close to the Rattanakosin Hotel, but there were very low […]

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By GREG LOWE IN BANGKOK THE government is hopeful that this weekend’s mass protests will pass without violence, but security forces are well prepared for any incident, Foreign Minister Kasit Piromya says. Thousands of red-shirt supporters of former prime minister Thaksin Shinawatra yesterday started mobilising from around the country to converge on the capital tomorrow, […]

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By GREG LOWE IN BANGKOK THAI-LISTED companies saw net profits surge by 42 per cent last year to 446.51 billion baht (S$19.13 billion) on sales totalling 6.39 trillion baht, the Stock Exchange of Thailand (SET) says. The top-performing industry groups were resources, finance, and property and construction respectively, with PTT, Siam Cement, PTT Exploration and […]

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When I spoke to Dr Thitinan Pongsudhirak, director of the Institute of Security and International Studies at Chulalongkorn University, last weekend about the Thaksin assets verdict, he raised some thought-provoking points about why the Supreme Court’s ruling would not usher in a new era of political stability. The ruling was in fact likely to strengthen […]

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By GREG LOWE IN BANGKOK THE Supreme Court’s landmark ruling to seize 46.37 billion baht (S$1.97 billion) in assets belonging to the family of former prime minister Thaksin Shinawatra is unlikely to have a significant impact on the Stock Exchange of Thailand index or investor sentiment in general, analysts say. Two grenade attacks on Bangkok […]

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