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Domestic economy sees sign of recovery

BANGKOK, 26 July 2009 (NNT) – Speaking on his weekly talk show “Confidence in Thailand with Prime Minister Abhisit”, the Prime Minister said the country has seen a sign of…

Banks advised to exercise business lending based on economic situation

BANGKOK, 26 July 2009 (NNT) – The Director of the Center for Economic and Business Forecasting (CEBF), at the Thai Chamber of Commerce University Mr. Thanavath Phonvichai, recommended seven financial…

SME Bank increases maximum rate of loan for entrepreneurs

BANGKOK, 26 July 2009 (NNT) – The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has resolved to raise the maximum rate of SME loans to 500 million…

Bangkok Bank’s Kosit sees Thailand’s exports plunging over 10%

BANGKOK, July 25 (TNA) — Kosit Panpiemras, Chairman of the Board of Executive Directors of Bangkok Bank, Thailand’s largest commercial bank, predicts that Thailand’s exports in 2009 would plunge more…

Academics : ASEAN talk to restore the country’s positive image

BANGKOK, 24 July 2009 (NNT) – An academic believed that the success of Thailand in organizing the ASEAN Foreign Ministers Meeting (AMM) could reconstruct the confidence of the international community…

Moody’s sees room for improvement in risk governance of large banks Focus on large banks in Europe, North America and Asia-Pacific

London, 24 July 2009 -- In a Special Comment published today, Moody's Investors Service highlights that there is significant room for improvement in the risk governance of many large banks.…

Govt’s stimulus to help economic recovery

BANGKOK, 24 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva has insisted that the Government had been working hard and expressed confidence that the first and second phases of the…

Asian economies begin signalling recovery: ADB

BANGKOK, July 24 (TNA) – Economies of East Asian countries have already bottomed out and begun to signal a recovery from the recession, but the Thai economy is expected to…

US presses North Korea; Pyongyang rejects six-party talks

PHUKET, July 23 (TNA) – The United States and North Korea faced off in competing press conferences as the Phuket ASEAN meetings wound to a close, with warnings and recriminations…

Clinton asserts US values importance of ASEAN

PHUKET, July 23 (TNA) – US Secretary of State Hillary Clinton on Wednesday asserted that the United States has valued the importance of the Southeast Asian region and is ready…