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July 2009


Airbus aircraft handed over to THAI Airways

By k on July 31, 2009

TOULOUSE, July 31 (TNA) – An Airbus A330-300 handed over to Thai Airways International (THAI) on Thursday at a ceremony in the French city of Toulouse has arrived in Thailand’s Suvarnabhumi Airport on Friday. Named Sri Anocha by His Majesty King Bhumibol, it is the third Airbus 330-300 delivered to THAI this year and the 1,000th [...]


Former Deputy PM: Thai economy will not recover this year

By k on July 31, 2009

BANGKOK, 31 July 2009 (NNT) – Former Deputy Prime Minister Veerapong Ramangkul believes the national economy in the third and fourth quarters will remain in negative territory. His economic outlook contradicts the Government’s forecast that the economy will recover as soon as the next quarter. During a seminar organized by a former executive of the [...]


Govt to reduce oil excise taxes if global price hits US$ 70-80/barrel thumbnail

Govt to reduce oil excise taxes if global price hits US$ 70-80/barrel

By k on July 31, 2009

BANGKOK, 31 July 2009 (NNT) – Oil excise taxes may be reduced if the global oil price increases to 70 to 80 USD per barrel, according to Finance Minister Korn Chatikavanij. Mr Korn said the Government would consider decreasing the oil excise taxes to help relieve burdens of people as the global oil price was [...]


Prachuap Khiri Khan confirms first A(H1N1) fatality

By k on July 31, 2009

PRACHUAP KHIRI KHAN, July 31 (TNA) – The coastal province of Prachuap Khiri Khan, southwest of Bangkok, confirmed its first influenza type A(H1N1) fatality Friday, and the Public Health Ministry denied a 16-year-old girl who lost her baby had contracted the virus or had a miscarriage because of the virus. Prachuap Khiri Khan Governor Panchai [...]


PM: Police chief remains in post, but on leave thumbnail

PM: Police chief remains in post, but on leave

By k on July 31, 2009

BANGKOK, July 31 (TNA) – Thailand’s Prime Minister Abhisit Vejjajiva asserted on Friday that National Police Chief Pol Gen Patcharawat Wongsuwan will not be removed from his post as he affirms that the latter is not an obstacle to the investigation into the attempted killing of a media mogul Sondhi Limthongkul. The premier however said [...]


Rice price in Govt´s guarantee scheme concluded thumbnail

Rice price in Govt´s guarantee scheme concluded

By k on July 30, 2009

BANGKOK, 30 July 2009 (NNT) – The National Rice Committee has set the price and quantity for the rice price guarantee scheme and has approved seven measures to help stabilize rice price. After the meeting of the National Rice Committee, Deputy Government Spokesperson Watchara Kannika said the guarantee price for White Rice and Pathum Thani [...]


Oseltamivir to be distributed to clinic on Monday thumbnail

Oseltamivir to be distributed to clinic on Monday

By k on July 30, 2009

BANGKOK, 30 July 2009 (NNT) – The Public Health Ministry will distribute Oseltamivir to private medical clinics on Monday in order to be prescribed to the infected patients free of charge. Public Health Minister Mr.Witthaya Kaewparadai said after the meeting that Oseltamivir would be urgently distributed to private medical clinics. The participating clinics were required [...]


Govt postpones report on 6-month performance thumbnail

Govt postpones report on 6-month performance

By k on July 30, 2009

BANGKOK, 30 July 2009 (NNT) – The government’s report on its performance over the first 6 months in office will be postponed due to the Prime Minister’s planned attendance to the Senate meeting. Prime Minister’s Office Minister Satit Wonghnongtaey stated that the government’s performance report, which was tentatively set in coincidence with Prime Minister Abhisit [...]


BoT reports rampant spread of financial crimes

By k on July 30, 2009

BANGKOK, 30 July 2009 (NNT) – The Bank of Thailand (BoT) and the Ministry of Information and Communication Technology will cooperate in combating illegal loans being issued via SMS. Legal Director of the BoT, Weerachart Sriboonma, said that illegal loaning was once again on the rise with the help of mobile messaging technology which allowed [...]


Thailand should reduce reliance on exports, says banker thumbnail

Thailand should reduce reliance on exports, says banker

By k on July 30, 2009

BANGKOK, July 30 (TNA) – Thailand should reduce its reliance on exports for economic growth since the export sector will continue to take the brunt of the global economic meltdown, according to a top Thai banker. Bangkok Bank’s Chairman of the Board of Executive Directors Kosit Punpiumrat said the global economic crisis would still affect [...]


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Business News »

Loan clients urged to be well-prepared for higher finance costs

July 16, 2010

Loan clients urged to be well-prepared for higher finance costs thumbnail

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

Summary of the 9th APEC Energy Meeting thumbnail

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

Moody´s chops down PTT´s credit thumbnail

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 [...]