BANGKOK, 29 June 2009 (NNT) – Value added tax (VAT) cut from raw material imports of gems for the jewelry industry will boost jewelry export value to 300 billion baht this year, said Deputy Commerce Minister. Deputy Commerce Minister Alongkorn Ponlaboot revealed that the governments policy would make Thailand more competitive, and cut production cost [...]
PHUKET, 29 June 2009 (NNT) – Armed Forces Chiefs follow up the security preparatuibs in Phuket where the ASEAN and dialogue partners meetings scheduled to take place during July 17-23. Defense Minister General Prawit Wongsuwan together with Permanent Secretary for Defense General Apichart Penkitti, Supreme Commander General Songkitti Jaggabatara, Army Chief General Anupong Paochinda, and [...]
BANGKOK, June 28 (TNA) — Industry Minister Charnchai Chairungrueng leaves Tuesday for a five-day visit to persuade South Korean business interests to invest in Thailand, and to open a Board of Investment (BoI) office in Seoul, the South Korean capital. The BoI office in Seoul will be the 11th such office set up by the [...]
BANGKOK, June 27 (TNA) – The government’s plan to issue its first batch of savings bonds – an issue valued at Bt 50 billion — will neither fuel rising interest rates nor affect the liquidity in the system very much, according to the Bank of Thailand (BoT). BoT Deputy Governor Atchana Waiquamdee said the issuance [...]
Tokyo, June 29, 2009 — Moody’s Investors Service downgraded The Norinchukin Bank’s (Norinchukin) bank financial strength rating (BFSR) to C- from C, Baseline Credit Assessment (BCA) to Baa1 from A3, long-term ratings to Aa3 from Aa2, and ratings on the Subordinated Euro Medium Term Note Programme of its subsidiary Norinchukin Finance (Cayman) Limited to A1 [...]
A mass rally by the anti-government United Front of Democracy against Dictatorship on 27 June will be conducted in a peaceful manner without relocating from its main rally site at Sanam Luang, according to the UDD core figures. However, the Government has stepped up security measures for the event since it is concerned that the [...]
NAKHON RATCHASIMA, June 26 (TNA) – Thailand and Cambodia will hold a regional border affairs meeting in Thailand’s northeastern province of Nakhon Ratchasima in July to discuss border problems, a senior Thai military official on Friday. Lt-Gen. Viboonsak Neepan, Thailand’s Second Army Region commander, overseeing the northeastern region which borders Cambodia, said he had fruitful [...]
GUANGZHOU, June 27 (TNA) – Visiting Thai Prime Minister Abhisit Vejjajiva on Saturday expressed satisfaction over rising exports of Thai fruits to China’s Guangdong province, saying that a Thai-Guangdong committee will be established to boost trade, investment and tourism between both sides. Concluding his four-day official visit to China, Mr. Abhisit said he is happy [...]
BANGKOK, 27 June 2009 (NNT) – The Ministry of Public Health has reported that 2 influenza A (H1N1) patients in Thailand have died. The ministry have also asked people to not panic over the matter. Director of the Medical Council of Thailand, Dr. Raewat Wisarutvej, admitted that there were 2 reported deaths in Thailand linked [...]
BANGKOK, June 27 (TNA) – The planned mass anti-government rally by the United Front for Democracy against Dictatorship (Red Shirts) protesters over this weekend will have little impact on investment in the Stock Exchange of Thailand (SET), according to top securities executives. Tisco Securities President and CEO Paiboon Nalinthrangkurn said the exchange’s depression was caused [...]
