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Thai economy begins to signal recovery

BANGKOK, July 30 (TNA) – The Thai economy in June, and the rest of the second quarter of this year, began to show signs of recovery, with the production sector…

death toll from new flu reaches 65

BANGKOK, July 29 (TNA) – The Public Health Ministry on Wednesday confirmed 21 more deaths from the Influenza type A (H1N1) in its weekly report, raising the country’s total fatalities…

Govt to hand authority to Parliament on charter rewrite

BANGKOK, 29 July 2009 (NNT) – The coalition government parties have jointly resolved to leave the issue of constitutional amendment for further talks and conclusion in the next parliamentary session.…

Moody’s downgrades Aaa rating of one class and affirms all other ratings

Tokyo, July 29, 2009 -- Moody's Investors Service announced today that it has downgraded to Aa1 from Aaa the Class 3 trust certificates of the Tokyo Metropolitan CLO Ninth transaction.…

Economics Cabinet to discuss 6 projects for Don Mueang Airport

BANGKOK, 29 July 2009 (NNT) – The Economic Cabinet has made plans to consider 6 projects to better utilize Don Mueang Airport and generate revenue for the state. Today’s meeting…

SCB affirms it is ready to extend loans to the industrial sector

BANGKOK, July 29 (TNA) – Siam Commercial Bank (SCB), Thailand’s largest bank in terms of market capitalisation, affirms it is ready to extend loans to the industrial sector. Shrugging off…

Central bank to more actively oversee good governance

BANGKOK, July 29 (TNA) – Bank of Thailand (BoT) deputy governor Bandid Nijathaworn on Tuesday revealed the central bank will play a more active role in supervising the corporate good…

Moody’s downgrades Portfolio CDS entered into by JPMorgan USD 300 million of debt securities affected

Tokyo, July 29, 2009 -- Moody's Investors Service announced today that it has downgraded the rating of the credit default swap ("CDS") entered into between JPMorgan Chase Bank NA ("JPMorgan")…

Thai Baht gets stronger due to surplus balance of trade

BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency.…

Price of Gold Futures today likely depend on gold price in global market

BANGKOK, 28 July 2009 (NNT) – Mr. Khomsan Poramabhut, Senior Deputy Manager for the Securities Analysis Division of the Bualuang Securities (BLS), revealed that price of Gold Futures at Thailand…