Don Mueang News
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Thai Prime Minister Yingluck Shinawatra’s party is on course to win Bangkok’s governor election for the first time, dealing a blow to opponents aligned with royalist groups who have held the capital since 2004.
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Asia’s discount carriers are so optimistic about surging travel demand in the region that they plan to add 750 new airplanes over the next decade. The airports aren’t ready.
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Thai authorities warned people living on the banks of the Chao Phraya river to prepare to evacuate as water levels reached a record and floodwaters began spilling into the nation’s capital.
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“Lost in Thailand,” a low-budget Chinese comedy about the travels of two rival businessmen and a pancake-maker through Thailand, may help the Southeast Asian nation attract a record number of tourists this year.
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Bangkok’s Chao Phraya river swelled to a record high, swamping nearby tourist spots including the Grand Palace as Prime Minister Yingluck Shinawatra called for fresh ideas to stem the country’s worst floods since 1942.
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Thai Prime Minister Yingluck Shinawatra said floodwaters are starting to recede in provinces north of Bangkok as a tidal surge swelled the Chao Phraya river to record heights, threatening riverside communities.
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Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close in Bangkok.
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Bangkok Governor Sukhumbhand Paribatra warned against succumbing to “mob rule” in managing floodwaters on the city’s outskirts, saying the entire country will suffer if waters inundate central business areas.
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Thailand’s government said water levels rose further on Bangkok’s outskirts and may overwhelm defenses, raising concern that the nation’s worst floods in more than 50 years may spread to new areas of the capital.
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Thai Prime Minister Yingluck Shinawatra said floodwaters will eventually affect all of Bangkok and may take as long as a month to recede.
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