BOURSE FERME LE WEEK-END
Published on April 17, 2008
"There's about 20 of us who are looking at this fund, and we'd invest about $250 million each," said Thaksin, who is in Dubai.
"It would invest in Asian stock exchanges and new companies, focusing on Asia, as that's where I know," he said without further elaboration.
Meanwhile, a total of 111 members of the former premier's disbanded Thai Rak Thai Party has set up a foundation called the House Number 111 Foundation.
The grouping, which will be unveiled on May 2, has asked Thaksin, the former Thai Rak Thai leader, as its chief adviser.
Pongthep Thepkanchana, a former Thai Rak Thai executive, yesterday said the foundation was aimed at allowing the 111 former party executives, banned from politics, to contribute to society.
Among dozens of founding Thai Rak Thai members, Pongthep said he would be an ad-hoc chairman of the foundation, while Wichit Plangsrisakul would be secretary-general.
The foundation is in process of being formed.
The former Thai Rak Thai executives' voting rights were revoked after the Constitution Tribunal dissolved party last May.
Sales would be halted at start and end of festival
Published on April 14, 2008
Chalerm mulling ban on alcohol
Alcohol sales will be banned over Songkran festivals in the future, if the road toll this year exceeds targets.
Interior Minister Chalerm Yoobamrung will consult the public first, he says, but he's keen on prohibiting booze sales on the first and last days of the annual, traditional new-year celebration.
Alternatively, the hours alcohol can be legally sold could be tightened from the current restrictions.
The road toll for the first two days of Songkran this year reached 104 dead and 1,411 injured, according to the Road Safety Centre. However, the Narenthorn Emergency Medical Institute says the toll as at 5pm yesterday is 143 dead and many more injured.
The Road Safety Centre says Saturday saw 743 road accidents killing 59 and injuring another 854.
The so-called "seven dangerous days" of Songkran started on Friday.
Transport permanent secretary and centre member Chaisawat Kittipornpaibool says the main cause of accidents, once again, is drunk driving, with alcohol responsible in almost 42 per cent of all accidents.
Emergency call outs have almost trebled from last year to more than 2,600, says Public Health Minister Chaiya Sasomsap.
But, again this year, emergency hotlines are besieged with at least one hoax call every minute.