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Thu, December 21, 2006 : Last updated 20:51 pm (Thai local time)



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Credibility damaged by fast U-turn

After a day of policy flip-flop, the stock market yesterday re- covered 11 per cent while the baht rose to a more comfortable zone of Bt35.60-Bt35.70 to the US dollar. But credibility has been damaged by the ill-thought-out capital controls and some people have started to question whether anybody should be held accountable.




'Black Tuesday' also meant opportunities

About Bt820 billion in paper wealth disappeared on Black Tuesday and it is not surprising it was sarcastically portrayed as "Thailand's grand winter sale".





Politicians may avoid prosecution if they remain overseas

Prosecuting politicians for corŽruptionrelated charges would be difficult and maybe impossible if the accused remain abroad, a semŽinar was told on Wednesday.



Monsoon hits Surat Thani

Strong waves in the Gulf of Thailand destroyed 15 houses along the coast in Surat Thani's Thachana district on Thursday, forcing ferries to suspend services and pushes local resident to evacuated to higher ground.



Two female teachers in Pattani in coma after morning attack

Pattani - Two female teachers who were shot on their way to their school are still in coma, said Anurak Waeni, director of Ban Takae School.



Market recovers, govt reels

But central bank chief says government's relaxation of capital-control measures may make it difficult to control baht surge






Top Stories



Bt820-billion blunder

It's Black Tuesday

BOT bid to limit currency dealings

Stock index still plunge after SET resume trading

Market recovers, govt reels


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