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☆ Small town in Thailand hold mass cremation for 23 who died in a school trip bus fire
▼ + stars: | 2024-10-09 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

Lan Sak, Thailand AP —Mourners wept and monks prayed at a cremation ceremony Tuesday in a small town in central Thailand for 23 young students and teachers who died in last week’s bus fire on a school field trip. A large cremation site was set up close to the temple in Lan Sak town whose compound hosts the school that was attended by the victims. Six teachers and 39 elementary and junior high school students were on the bus when it caught fire on October 1 on a highway in Pathum Thani, a northern suburb of Bangkok. Transport officials were being scrutinized after information emerged that the bus had passed an inspection about four months before the fire. Police believe that a gas tube from one of the canisters had come loose, with sparks then setting the leaking gas on fire.

Persons: Lan, King Maha Vajiralongkorn, Surayud Chulanont Organizations: Thailand AP, Police, Education Ministry Locations: Lan Sak, Thailand, Pathum Thani, Bangkok, Uthai Thani

BANGKOK — A well-known elephant sanctuary in Thailand appealed for help on Friday after torrential flash floods forced the evacuation of about 100 elephants. Elephants wading through floodwaters at Elephant Nature Park in Chiang Mai, Thailand. The flooded Elephant Nature Park in northern Thailand. In recent weeks, northern Thailand has suffered severe flooding and landslides due to Typhoon Yagi, the most powerful storm to hit Asia this year. Elephant Nature Park was established in 2003 as a permanent sanctuary for elephants rescued from the logging and tourism industries by Saengduean.

Persons: Chiang Mai, Saengduean, Pitsuda Masith, Masith, Yagi, Nat Sumon, Peter Guo Organizations: Staff, NBC, Saengduean Locations: BANGKOK, Thailand, Chiang Mai, Asia, Southeast Asia, Bangkok, Hong Kong

☆ The Writing Is on the Wall for Thailand’s Royalist Old Guard - The New York Times
▼ + stars: | 2024-08-14 | by ( Pavin Chachavalpongpun | ) www.nytimes.com time to read: +1 min

On the surface, Thailand appears to be stuck in a never-ending cycle. Elections are held in which voters voice increasingly clear demands for change, only for those to be denied by the royalist old guard that has dominated my country for generations. Each of the past several elections, going back to 2005, have resulted in the winning party either being denied its right to form a government, overthrown in a military coup or otherwise removed from office. So when Thailand’s Constitutional Court last week ordered the dissolution of the country’s most popular political party — the pro-reform Move Forward Party, which won last year’s national election on a platform of curbing royal prerogatives — it seemed like déjà vu, the latest chapter in a normalized process of political stagnation. The court decision is not a sign of the strength of the conservative establishment, but of its weakness; a last-gasp attempt by the old guard to cling to an outdated status quo despite demands for change by millions of politically literate young Thais.

Persons: —, Thais Organizations: Party Locations: Thailand, Southeast Asia

☆ Thailand approves new, scaled down EV subsidy package - industry official
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

An electric car is seen while being charged during the opening of a PTT Pcl energy firm's commercial EV (Electric Vehicle) charging station, in Bangkok, Thailand, August 15, 2016. REUTERS/Jorge Silva/File Photo Acquire Licensing RightsBANGKOK, Nov 1 (Reuters) - Thailand on Wednesday approved a new subsidy package for electric vehicles, an industry official said, in a move to support EV sales in a top regional auto hub where battery-powered cars are steadily gaining traction. The new package approved by the National Electric Vehicle Policy Committee includes a lower subsidy than the current scheme ending this year, chairman of the Federation of Thai Industries, Kriengkrai Theinnukul, told reporters. EVs have enjoyed strong sales in Thailand this year, accounting for about half of all EV sales in Southeast Asia in the second quarter. Thailand currently offers a government subsidy of up to 150,000 baht ($4,100) per vehicle, but the amount could be brought down to 100,000 baht, a government official said last month.

Persons: Jorge Silva, Kriengkrai Theinnukul, EVs, Kitiphong Thaichareon, Orathai Sriring, Martin Petty Organizations: PTT, REUTERS, Rights, National Electric Vehicle, Federation of Thai Industries, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Southeast Asia, BYD

[1/2] Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo Acquire Licensing RightsSept 27 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. But another day of curve steepening, and 10-year nominal and real yields rising to new multi-year highs crushed stocks. U.S. bond market volatility - a key driver of global market stability and liquidity - had its biggest rise since early July. Investors in Asia will also note the significance of U.S. crude oil's rise on Tuesday after a few days of consolidation, not for the 1% rise in itself, but because it lifts the year-on-year price rise to almost 20%.

Persons: Jorge Silva, Jamie McGeever, Dow Jones, Josie Kao Organizations: Bank of, REUTERS, Bank, Dow, Nasdaq, Investors, Reuters, Thomson Locations: Bank of Thailand, Bangkok, Thailand, Treasuries, Asia, Thailand's, Australia, China

Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. Despite inflation in Thailand edging up slightly to 0.88% in August, it remained below the central bank's 1-3% target range for a fourth consecutive month, suggesting little need for the Bank of Thailand (BOT) to continue hiking. A strong majority of economists in a Sept. 18-22 poll, 21 of 27, expected the BOT to keep its benchmark one-day repurchase rate (THCBIR=ECI) at 2.25% on Wednesday. None expected the central bank to raise interest rates at the following meeting in November. Median forecasts showed interest rates remaining at 2.25% through next year.

Persons: Jorge Silva, Sethaput Suthiwartnarueput, Lavanya Venkateswaran, Aris, Anant Chandak, Susobhan Sarkar, Devayani Sathyan, Jonathan Cable, Kim Coghill Organizations: Bank of, REUTERS, Bank of Thailand, Aris Dacanay, HSBC, Thomson Locations: Bank of Thailand, Bangkok, Thailand, BENGALURU, China, ASEAN

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