Landlord seeking big
payday accused of forcibly
evicting lower-rent tenants
Police investigate the Power
Waves Estate Co. after thugs allegedly broke in and forcibly removed the
A commercial-building owner being sued for breaking leases so she
could sell the property to hotel developers is now facing criminal
prosecution after allegedly sending thugs to forcibly evict the last
Manasnath Jaikhongsuwant, owner of Power Waves Estate Co., called reporters
and police to Soi 5 off Beach Road Oct. 3 after her shop and two others were
broken into and all her property tossed into the street. Two tool-wielding
Thai men lurking around the pile of office equipment, computers and clothes
fled when reporters arrived.
Manasnath said she was set to go to court the next day in her lawsuit
against landlord Khawnjai Upra, who she accused of breaking her two-year
lease after just a year. But hours before the law might settle the dispute
in the her favor, Manasnath claimed, Khawnjai sent men to break into her
store - and those of adjacent beauty salon and tailor shop holdouts - and
remove all their property.
Manasnath said her landlord had not only signed a two-year contract, but
promised to extend it for up to five years. However, she said, Khwanjai
canceled the 10,000 baht a month rental agreement last month, saying she was
selling the entire building and lot to a hotel developer for more money than
she could get from rentals.
Manasnath claims Khwanjai demanded all of the buildings tenants vacate and
sent thugs with weapons to intimidate those who wouldnít leave. All but
The realtor said she was now out 100,000 in interior decorating on the unit,
as well as the office equipment, most of which was broken or destroyed by
Khwanjai was not at the scene, but police took statements and collected
evidence with the intent of hauling the landlord into police headquarters
Cabinet extends measures to help Thailandís low income earners
Thailandís Cabinet recently extended measures to reduce the
cost of living for low income earners by offering free non-air conditioned bus
and third-class train service to Jan 15 next year, according to government
spokesperson Thitima Chaisang.
free bus and train services to Jan 15 is aimed at reducing travel costs for
people traveling home to the provinces for the long New Year holiday. The
measures expired on June 30.
The spokesman said the measures will cost the government around Bt2.18 billion.
The Ministry of Transport reported in August that 400,000 bus passengers and
50,000 rail passengers per day benefited from the measures.
Initiated during the administration of late former prime minister Samak
Sundaravej to assist low-income earners in 2008.
Other measures included free electricity for users of less than 90 units per
month and free tap water for users of less than 30 cubic meters per month.
Nationwide flooding costs
Bt60-90 billion in initial losses
Thailandís initial losses in nationwide flooding were
estimated at Bt60-90 billion or 0.6-0.9 percent of Gross Domestic Product
(GDP), according to Finance Minister Teerachai Puwanartnaranubala.
The minister made his announcement after meeting with Commerce Minister
Kittirat Na-Ranong and other officials dealing with the emergency.
A loss of some Bt60 billion, or 0.6 percent of GDP, was indicated by The
Bank of Thailand; however, the Office of the National Economic and Social
Development Board (NESDB) assessed the loss at Bt80-90 billion or up to 0.9
percent of GDP.
Concerned agencies must evaluate the cost of damage again as flooding
continues and the cost might be lower than projected by the NESDB, the
finance minister said.
Somchai Sujjapongse, director of the Fiscal Policy Office, said the current
flooding is likely to shrink gross domestic product (GDP) growth in 2011 to
3.7 percent from the 4.5 percent forecast in June before the flood crisis.
He said as of Oct 9, flooding caused losses to Thailandís economy of about
Bt69 billion and a 0.6 percent drop in GDP. Combined with a 0.2 percent fall
resulting from economic problems in Europe and the US, overall GDP is likely
to fall by 0.8 percent. Even more damage could occur if the flooding is
prolonged. The worst scenario can be the damage cost as high as Bt120
Flooding will also negatively impact tax collection in 2012 with a loss of
about Bt12 billion. However, Somchai believed that consumer purchases will
rise and income will be higher than losses due to the governmentís economic
stimulus measures, the procurement of machinery and flood rehabilitation
Foreign investors will not move their production bases to other countries
because losses incurred from natural disaster, not from complications in
Thai economic fundamentals or political difficulties.
Teerachai added the finance ministry has eased some regulations to
facilitate the release of some budget spending to help flood victims
Meanwhile, Bank for Agriculture and Agricultural Co-operatives (BAAC)
manager Luck Wajananawat said about 8.8 million rai of farmland has been
damaged by flooding.
The losses include 7.3 million rai of rice paddies, 1.4 million rai of other
crops, 140,000 million rai, nearly 400,000 livestock and about 9.6 million
In the initial assessment, over 300,000 farmers are affected by debts of
The State Railway of Thailand (SRT) estimated its loss as a result of
countrywide flooding at Bt46 million.
Deputy Transport Minister Pol Lt-Gen Chat Kuldilok said flooding continues
to affect the countryís railways, resulting in the suspension indefinitely
for some northern routes in Lop Buri and Nakhon Sawan provinces, where the
SRT reports a large number of flood victims are using the railways as their
The Ministry of Transport responded by ordering portable toilets, providing
tents and four carriages as protection and offering shelter to flood
Bangkok Mass Transit Authority (BMTA) Director Opart Petchmunee said
flooding has not affected BMTA routes as of last Monday, but water
situations throughout Bangkok are being closely monitored. (MCOT)