Tuesday, 10 January 2012

Surin Man Married His Dead Girlfriend

Could this is be a proof of true love? News of a Surin man marrying his dead girlfriend became viral on social media after the news had to 'shared' more than 50,000 in the cyber world.

It was the 'talk of the town' on Facebook. The story about a young man from Surin Province marrying his diseased girlfriend. Pictures of a man, dressed in a black formal wear, putting a ring on the finger of his late girlfriend, circulated like wild fire on the popular social network site and YouTube. 50,000 people had clicked to share the stories and expressed their condolences for the groom

Chadil Deffy, or Deff Yingyuen, stated his love for his late girlfriend, Sarinya or Anne Kamsook. Much to the surprise of his friends, on January 4, Deff posted on his Facebook page, inviting his friends to an wedding-cum-funeral rite for his longtime girlfriend at a local temple in Surin Province.

The couple had been together for 10 years. They made a promise to get married before the bride died in an unexpected accident. Deff said their wedding was postponed due to conflicting schedules and his decision to continued his studies before he settled down in a matrimony with Sarinya.

After having been through thick and thin with Sarinya for over a decade, Deff stood by his promise and married her in a bittersweet ceremony.

Friday, 6 January 2012

Tiger skins and bones seized in Thai customs swoop

Thai customs officials have said they have seized four boxes of smuggled tiger skins and bones worth tens of thousands of dollars in the post, believed to be destined for interior decoration.

Thai police officers display the heads and carcasses of tigers seized from a truck in Hua Hin, Thailand
The tigers, whose parts were found earlier this week, were thought to have come from Indonesia and eventually be destined for China, according to Somchai Poolsawasdi, director general of Royal Thai Customs.
"There were four boxes, and each box contained one tiger skin, bones and a skull. Each one weighed around five kilograms (11 pounds)," he told AFP.
He said the parcels, thought to be sent be a trafficking gang, were en route to Mae Sai in northern Thailand and came through Bangkok's main post office, where officials received the tip-off.
"The way they processed these tigers, I think they were meant for furniture or decoration," he added.
Anti-trafficking group Freeland said the tiger parts were worth an estimated $60,000, warning that the poaching and trafficking of tiger meat, bones and skin was a key cause of the declining wild Asian tiger populations.30 Dec 2011
"The confiscation of these tiger skins and bones is commendable and has clearly hurt the criminals financially," said Tim Redford of Freeland.
"However, with so few tigers left in the wild, stopping any more ending up like this is vital."
Thailand is one of just 13 countries hosting fragile tiger populations and is a hub of international smuggling. Worldwide, numbers are estimated to have fallen to only 3,200 tigers from approximately 100,000 a century ago.

Govt debt policy will make the currency 'worthless'

Posted Image

Opposition warns about dangers of printing money to fund spending plans; slams neglect of flood victims

The government move to force the central bank to print money for paying off public debt would reduce banknotes to worthless paper, the opposition warned yesterday.

The government has cut Bt43.43 billion from some projects and used the funds to finance other projects, including water-resource management, transport projects and supporting villages and local governments, Deputy Prime Minister Kittiratt Na-Ranong said yesterday. He was speaking during the second reading in Parliament of the 2012 Budget Bill, with proposed government spending of Bt2.38 trillion, and a deficit of Bt400 billion.

Opposition leader Abhisit Vejjajiva criticised the government expenditure plan for fiscal 2012 for not responding to the needs of flood victims. He said the government had not cut unnecessary spending and was not focusing on the much-needed areas. He also vowed to petition the Constitution Court if the government issues an emergency decree to borrow funds without proper reasons.

During the debate, Democrat MP Sansern Samalapa charged: "The government's plan to force the central bank to repay the debts of the Financial Institution Development Fund would result in the printing of more money for the government."

He was referring to the government's efforts to shift public debt of Bt1.14 trillion to the Bank of Thailand's account, as it wants to borrow more money to finance the large budget deficit.

The government plans to borrow Bt400 billion to finance the budget deficit in fiscal 2012 and plans to borrow another Bt400 billion to finance post-flood restoration projects.

"Suppose the government takes an extreme position by asking the central bank to print money to finance government expenditure of Bt2.38 trillion? People would be happy for a while, for there would be no need to pay taxes, but then the banknotes would become worthless paper," he warned.

Such measures were implemented by some governments in Latin America and they experienced hyperinflation and the collapse of their economies, he said.

Sansern also did not agree with the government's plan to force the BOT to provide soft loans amounting to Bt300 billion for flood victims' recovery from the disaster, particularly small and medium-sized enterprises and households.

The loans would fuel inflation, and that would adversely affect people. He said the government's move requiring commercial banks to pay more fees to the Deposit Protection Agency would push up the lending rate, adversely affecting borrowers. He opposed plans to use funds accumulated by the DPA to repay public debts.

Former finance minister Korn Chatikavanij expressed concern over the ballooning public debt. "The government must tell the public when it will stop borrowing and have a balanced budget," he said. The current government plans to repay only Bt1.4 billion of the public debt for fiscal 2012, which is too small compared with the previous Democrat-led government's debt payment of Bt45 billion annually, he argued.

He also accused the government of lack of transparency in the Bt120 billion in spending earmarked for post-flood recovery in fiscal 2012.

"Of the total amount, details of projects are available only for Bt48 billion," he said. The conflict between the government and the central bank on public-debt payment has also eroded public and investor confidence in the economic management of the country, Korn said.

He also charged the government with being unprepared for the possibility of higher interest costs on public debt. The current cost is 4.8 per cent of the public debt of Bt4 trillion, with debt equivalent to 41 per cent of gross domestic product. A rise of 1-2 percentage points in the interest rate would cost dearly, Korn warned.

He said government revenue was likely to decline because of the corporate-tax cut and tax break for diesel users. The opposition has called for some budget cuts, arguing that there are only eight months left in the current budget period and the government will likely not meet the spending target.

Parliament is expected to vote on the third reading of the bill tomorrow.

Meanwhile, the government is going to issue four new legislations to manage public debt of close to Bt2 trillion, or about 20 per cent of gross domestic product, as part of efforts to restore the economy affected by severe floods last year.

The Cabinet yesterday approved in principle the issuing of four new laws, but it was not yet sure whether the government would issue an emergency decree or normal laws through parliamentary procedure, Deputy Government Spokesman Chalitrat Chandrubeksa said yesterday after the Cabinet meeting.

The government will consult with related parties, he said.

Deputy Prime Minister and Commerce Minister Kittiratt Na-Ranong proposed to the Cabinet to issue emergency degrees for the transfer of the Bt1.14-trillion debt owed by the Financial Institutions Development Fund (FIDF) to the Bank of Thailand as the government wanted to reduce its annual budget burden for debt repayment.

Kittiratt also wanted the government to issue an emergency decree to order the central bank to provide soft loans of Bt300 billion to support small businesses and households affected by floods. Next is an emergency decree to borrow Bt350 billion for restoring the economy. The fourth decree is to create an insurance fund pool of Bt50 billion, aimed at assuring foreign insurers to accept reinsurance from Thailand.

Finance Minister Thirachai Phuvanatnaranubala yesterday told the opposition during the 2012 Budget Bill debate that the government is urgently in need of funds for investment in the post-flood recovery.

He said the FIDF debt previously created an annual budget burden of Bt65 billion for interest rate payment, which has now dropped to Bt45 billion.

The burden limits the government's ability to borrow for financing new investment projects needed after the floods, he said.

He assured them that the government will not force the central bank to print money to repay public debts.

"We'll not damage monetary and fiscal discipline," he said.

Thirachai said the current public debt, currently equivalent to about 40 per cent of GDP, is not high and it is manageable.

Sunday, 1 January 2012

DSI to crack down on illegal foreign-run businesses

Department of Special Investigation (DSI) chief Tharit Pengdit said yesterday his office would crack down on foreigners using Thais as nominees to buy land and run businesses from which they are legally excluded, while his deputy Narat Sawettanan said 536 websites had been shut down since December 13 for allegedly having lese majeste content.

Tharit said many foreigners were using Thai nationals as nominees to run businesses prohibited for non-Thais under the Foreign Business Act 1999. The businesses include logging, newspapers and property development. He said the DSI was cracking down on foreign gangsters encroaching on forestland and running property projects as well as extorting others in Koh Samui, Pattaya City and other tourists cities, while human traffickers had brought Chinese prostitutes into Thailand. Claiming foreign gangsters aimed to launder money in Thailand-based businesses before transferring it offshore, Tharit said the DSI would be more proactive in going after them before Thailand entered the Asean Economic Community in 2015. He urged members of the public to alert the DSI to any suspicious activities.

Friday, 30 December 2011

BMA goes global to woo back tourists

Posted Image


The Bangkok Metropolitan Administration is blitzing the world with its first international campaign, "Bangkok Is Waiting for You".

"This campaign will try to boost tourism as the capital recovers from the recent flood crisis," Deputy Governor Taya Teepsuwan said yesterday.

Spots on US-based business-news channel CNBC are inviting business travellers and premium tourists to log on to bangkokiswaitingforyou.com to join online activities and possibly win a lucky prize. The campaign was launched on December 5 and the online contest will end next month.

More than 40,000 people from around the world have marked "like" on Facebook.

International arrivals fell by 30 per cent during the inundation from September to November, so the campaign was initiated to draw widespread attention and encourage both leisure travellers and businesspeople to return to the city.

Participants will be asked to create their own wish list by selecting from a photo gallery their favourite places in Bangkok.

The grand prize is a fully paid trip for two to Bangkok including air tickets and Bt70,000 worth of accommodations, spa and meals at the Mandarin Oriental.

The BMA will work with the Tourism Authority of Thailand and the Thailand Convention and Exhibition Bureau to continue wooing general tourists and business travellers back to the Kingdom, Taya said.

The administration will go on a roadshow to Moscow, Berlin, London and Dubai to promote the city, she added.

The central government has set its target for next year at 19 million international tourists, similar to the figure projected for this year.

Thursday, 29 December 2011

Thai government seeks $11.12 billion budget for new flood plan

BANGKOK (Reuters) - Thailand's government will seek cabinet approval next week for a 350 billion baht (7.12 billion pound) budget for infrastructure and water management to prevent a repeat of the country's recent flood crisis, a top official said on Saturday.
The government's post-flood rehabilitation taskforce would propose the budget for flood prevention and infrastructure upgrades to restore investor confidence as soon as possible, the head of the taskforce, Veerapong Ramangkuland, said in a televised speech.
Veerapong said the fund would allow the government to raise and allocate necessary funds to fast-track the work and prevent further damage to the economy.
So far, the government has put flood-related damages at 1.3 trillion baht ($41.5 billon) from the historic floods, which came in late July and lasted until late November, killing more than 600 people and affecting about 2.4 million more in a third of the country's provinces.
The industrialised provinces on the northern fringes of Bangkok were the worst affected, causing huge damage to hundreds of foreign-owned factories and disruptions to global supply chains, particularly in the automobile and IT sectors.
Prime Minister Yingluck Shinawatra said on Saturday the integrated water management plan would be completed in January.
The cabinet has already approved 20.1 billion baht in emergency spending for post-flood rebuilding on December 12, part of a previously pledged 130 billion baht for the recovery effort.