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Thu, March 15, 2007 : Last updated 16:23 pm (Thai local time)



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STOCK CRISIS
It's Black Tuesday


It's Black Tuesday. In a single trading day, the Thai stock market lost Bt800 billion in paper wealth as its key SET index plunged by a record 14.84 per cent - the worst since Black Monday in 1987.



BLACK TUESDAY ANALYSIS
Pridiyathorn's big gamble


MR Pridiyathorn Devakula, a deputy prime minister and the finance minister, and the banking authorities have made a big mistake by introducing wholesale capital controls instead of selective controls on the money market to stem the baht speculation.



Stock investment to be exempted : Pridiyathorn

Finance Minister Pridiyathorn Devakula said Tuesday the central bank would exclude inflows into the stock market from the Bank of Thailand's drastic measure of 30 per cent reserve withholding requirement.





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BAHT CRISIS
BOT bid to limit currency dealings

30% of big cash sums will have to be deposited in banks, it says






Mongkol fears for alcohol bill
Public Health Minister Mongkol na Songkhla is concerned a controversial alcohol control bill will never become law.















TELECOMMUNICATIONS
Concession contracts face review

Council to determine investment status



Pranda Jewellery suffers exchange loss of Bt90m


Surging baht not in line with local economy


Company cultures, not Thai culture, a hurdle at times






DRUG PATENT ACT
Aids groups upset by amendments

HIV/Aids activists claim patent-law changes would allow drugs 'trickery'



More funds for anti-HIV drugs


Laws on drink-driving to be toughened


Northeast school blazes 'could be signal to CNS'





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Thai medal winners get Bt140 million
[THAI ATHLETES] Prime Minister Surayud Chulanont handed over Bt140 million to Thai medallists of the Fespic Games and Asian Games at Government House yesterday.







EDITORIAL
New ruler marks a new era for Bhutan

Himalayan kingdom faces the challenge of transforming itself into a constitutional monarchy



iTV's plight strengthens the case for media reform




The Nation Poll

New poll posted on Thursday

Is the Thai government right to protest Cambodia's appointment of Thaksin as its economic adviser by recalling Thai ambassador and suspending all cooperations?

THE NATION POLL


Breaking News
  • Default no cause for alarm, says Korn
  • PM visits Songkhla
  • DSI to search for missing blue diamond of Saudi prince
  • Thai-Cambodian militaries promise not use force to settle disputes
  • Mother of detained Thai engineer reaches Phnom Penh
  • Mahasarakham's by-election to be held on Jan 3
  • Briton extradited to Australia on drug, money laundering charges
  • Thai shares open 1.28 per cent lower
  • Business Hot News
  • Tiger Woods' slightly injured in car mishap
  • US stocks plunge on Dubai's debt woes
  • Hong Kong police probe second "suicide" page set up on Facebook
  • Wall Street stocks gain on optimism for US economy


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