National
Thailand and nuclear: an ongoing debate
Despite strong opposition against the construction of a nuclear power plant in Thailand from many, including Prime Minister Abhisit Vejjajiva, related agencies are still pushing forward with the development of the nuclear project, citing the country’s growing demand for energy. However, the final decision has yet to be made. Meanwhile, the debate on the issue has continued to be overlooked by every government.
Despite strong opposition against the construction of a nuclear power plant in Thailand from many, including Prime Minister Abhisit Vejjajiva, related agencies are still pushing forward with the development of the nuclear project, citing the country’s growing demand for energy. However, the final decision has yet to be made. Meanwhile, the debate on the issue has continued to be overlooked by every government.
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Thailand and nuclear: an ongoing debate
Real GDP fell 6.3 percent between the third quarter of 2008 and the first quarter of 2009, as global demand slumped, before rebounding 6.9 percent through the end of 2009. The rebound was due to a recovery in global demand, an end to inventory liquidation and a pickup in private consumption as confidence returned.
However, the upside is limited due to political and regulatory uncertainty, including from possible political violence and the Map Ta Phut court case. The government investment plan is proceeding at a slow pace, but public investment should contribute to growth.
Chinese investment funds, Middle Eastern petrodollars — there is a huge amount of new money being channeled into the Asian capital markets.
Thai valuations still trail the region considerably. Price-to-earnings multiples for the Thai market were 18.9 times for 2009, compared to, say, 25 to 30 times for the Australian, Japanese and Shanghai markets and valuations could be higher, if not for the political instability in Thailand over the past several years.
National
National News Bureau Of Thailand
A former vice premier of the People’s Republic of China and his entourage on Tuesday signed a book to express his condolences on the passing of HM the late King at the Grand Palace. Another important person who paid respects to HM the late King is President of the Asian Infrastructure Investment Bank Jin Liqun. The president laid a wreath before the body of HM the late King and signed the condolence book.
Meanwhile, people from many provinces continuously traveled to the Grand Palace to pay respects before the body of HM the late King. HM King Maha Vajiralongkorn sponsored ancient Thai desserts to be given to the mourners.
National
National News Bureau Of Thailand
Addressing the press Wednesday, Deputy Education Minister M.L. Panadda Disakul said Thailand’s top production companies and China International Broadcasting Network have struck a deal to produce a TV series that features the teachings of His Majesty King Rama IX.
M.L. Panadda, who presided over the signing ceremony, said the program is aimed at inspiring the public to be more productive and successful through the promotion of favorite recreation activities of His Majesty.
The series will be aired in Thailand and China, said the Deputy Minister, remarking that it would play a vital role in promoting Thai culture abroad.
The Deputy Education Minister also disclosed that the love and respect for the revered monarch remain strong among Thai citizens and would be so for many years to come.
National
Nakhon Sawan holds exhibition “Still on my mind” commemorating King Bhumibol
The exhibition, taking place in front of Nakhon Sawan Municipality, features a model of a royal rainmaking aircraft and the Chai Pattana water turbine, both being outstanding projects undertaken by His Majesty for the benefit of the people of Thailand.
Also on display at the exhibition is a Chinese puppet lion traditionally used in the funeral ceremonies of respected elders and teachers. The puppet lion is the only piece of its kind in Thailand and will be included in the royal cremation ceremony for King Bhumibol. It will also be burned at the end of the ceremony.
In addition, the venue features an exhibition of 89 photographs telling the story of the lives of Nakhon Sawan residents and their personal impressions of King Bhumibol Adulyadej. The exhibition in front of Nakhon Sawan Municipality continues until February 1st; there is no charge for entry.
Meanwhile at Somdet Phra Srinakarindra Park in Roi Et Province, Governor Sarit Witoon along with the local Red Cross Society, government officials, and the general public took part in a merit-making ceremony, giving alms to 200 monks from Wat Pa Kung, in dedication to King Bhumibol. Monks at the ceremony also gave special talks for the purpose of acknowledging the generosity of those in attendance and to lift their spirits.
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