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June 2009
Thai Prime Minister says delayed Preah Vihear temple World Heritage Site registration could solve problems
By k on June 30, 2009
BANGKOK, June 30 (TNA) – Thai Prime Minister Abhisit Vejjajiva said Tuesday he believes a delay in registering ancient Preah Vihear temple on the Thai-Cambodian border as a World Heritage Site could allow the two countries to be able to solve other border problems. Mr. Abhisit told journalists that Minister of Natural Resources and Environment [...]
H1N1 infected man’s condition remains serious
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The health condition of a man hospitalized at the Rajavithi Hospital for influenza A (H1N1) infection is reportedly severe, he is currently under close observation and care from medical staff. Medical Services Department Deputy Director-General, Wanchai Sattayawuthipong, reported that the 47 year old man now had severe complication of [...]
Cabinet endorses use of Internal Security Act at ASEAN meetings in Phuket
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The cabinet has approved the imposition of the Internal Security Act in Phuket from 10 to 24 July 2009 to ensure safety for the upcoming ASEAN meetings. Prime Minister Abhisit Vejjajiva announced that the cabinet meeting had endorsed in principle, the enforcement of the Internal Security Act within the [...]
Moody’s withdraws Radiant’s A3.id ratings
By k on June 30, 2009
Moody’s withdraws Radiant’s A3.id ratings Approximately IDR 100 billion bonds affected Jakarta, June 30, 2009 — PT Moody’s Indonesia has today withdrawn the A3.id national scale issuer and bond ratings of PT Radiant Utama Interinsco Tbk. (“Radiant”) for business reasons. This action does not reflect a change in Radiant’s creditworthiness. Refer to www.moodys.com for details [...]
Triumph labour union seeks PM’s help after lay-off
By k on June 30, 2009
BANGKOK, June 30 (TNA) – About one hundred workers and the labour union chief of Triumph International (Thailand) on Tuesday submitted a letter to Prime Minister Abhisit Vejjajiva at Government House asking for the government’s help after almost 2,000 employees were made redundant. Labour Union chairman Boonsub Kuanfoong said the management of Body Fashion (Thailand), [...]
Thai shares close 4.12 points lower
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The Stock Exchange of Thailand (SET) composite index edged down 4.12 points to settle at 597.48 points, in trade worth 19.023 billion baht after the market closed. The top five most active values were as follows: PTT closed at 234.00 baht, down 3.00 baht, in trade worth 2.280 billion [...]
Industry Ministry to promote Thai SMEs with over Bt300 million budget
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The Ministry of Industry is prepared to invest about 300 million baht to develop Thai small and medium entrepreneurs (SMEs) ahead of the establishment of the ASEAN Community. As a preparation of Thai SMEs for the ASEAN Community in order to gain benefit in the next 6 years, Industry [...]
BoT: Economic trends to improve; Business confidence index to rise
By k on June 30, 2009
BANGKOK, June 30 (TNA) – Thailand’s economy is expected to have hit bottom and the business confidence index is projected to increase to 50.2 in the next three months, its first rise in 15 months, a senior Bank of Thailand (BoT) official said on Tuesday. Amara Sriphayak, senior director of the BoT Domestic Economy [...]
Cabinet grants 30-day extension on NGV bus leasing project study
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The cabinet has endorsed an extension for another 30 days on the study of the NGV bus leasing project. In a press conference after today’s cabinet meeting, Prime Minister Abhisit Vejjajiva declared that the cabinet had agreed with a request of the National Economic and Social Development Board (NESDB), [...]
Another person dies from H1N1 inflection in Thailand
By k on June 29, 2009
BANGKOK, 29 June 2009 (NNT) – Another death from influenza A (H1N1) has been reported in Thailand. He is the third person in the nation who has died of the disease. Medical Services Department Director-General, Dr Rewat Wisarutwet, reported that the deceased was a naval officer from the Sattahip Naval Base. He died from the [...]
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010

BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010

Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010

BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]