August 2009

Moody’s says it will closely monitor implications of DPJ policies

By k on August 31, 2009

Tokyo, August 31, 2009 — Moody’s Investors Service says that it will closely monitor the implications of the policies of the Democratic Party of Japan (DPJ) — after its win in Sunday’s election over the Liberal Democratic Party (LDP) — for Japanese issuers, from corporates to financials to regional governments. “At this early stage, we [...]

Cabinet reviewing Security Act on Tuesday expiration

By k on August 31, 2009

BANGKOK, Aug 31 (TNA) – Cabinet is being asked Tuesday if the Internal Security Act (ISA) is really needed to maintain law and order as the United Front for Democracy against Dictatorship (UDD) called off its demonstration Sunday, postponing it to Saturday,  Deputy Prime Minister Suthep Thaugsuban said. As director of the newly-established Law and [...]

BOT’s economic data to not affect SET50 Futures

By k on August 31, 2009

BANGKOK, 31 August 2009 (NNT) – The SET50 Index Futures is not expected to be affected by the Bank of Thailand (BOT)’s announcement of economic data today. Thailand’s central bank today announced its economic data relating to exports, employment rate and the figures of gross domestic product (GDP) in the third quarter of 2009. The [...]

Prasopsuk: Reconciliation Committee’s conclusions will help cool down political temperatures

By k on August 31, 2009

BANGKOK, 31 August 2009 (NNT) – Senate Speaker Prasopsuk Boondej expressed his belief that conclusions drawn by the Reconciliation Committee for Political Reform and Constitution Amendment would help relieve the current political tensions. Mr Prasobsuk stated that suggestions by the committee had not yet been discussed by Parliament but it might be included in a [...]

China to help control Thai rice standards

By k on August 31, 2009

BANGKOK, 31 August 2009 (NNT) – Chinese authorities are preparing to help Thailand control the standards of Thai rice sold in China in order to target more Chinese consumers, according to the Department of Trade Negotiation (DTN). DTN Director-General Chutima Bunyapraphasara stated that she had travelled to China to confer with three related units in [...]

SC Asset employees nabbed for doctoring PM’s audio clip

By k on August 31, 2009

BANGKOK, Aug 31 (TNA) – Thai police on Monday nabbed two employees of the Shinawatra family-related business SC Asset Corporation on charges of doctoring an audio clip of Prime Minister Abhisit Vejjajiva so that it appeared that he ordering the nation’s security forces to crack down violently against anti-government protesters in mid-April. Pol Col Supisarn [...]

Finance Ministry to issue more bonds in Oct-Nov

By k on August 31, 2009

BANGKOK, 31 August 2009 (NNT) – The Ministry of Finance weighed issuing the second lot of bonds sometimes between October and November this year. The Public Debt Management’s Deputy Director-general Chakkrit Pharaphanthakul said the bond issuance would be the means to refinance the national debt by the Finance Ministry’s rolling out more bonds to mobilize [...]

THAI to increase authorized share capital size

By k on August 30, 2009

BANGKOK, 30 August 2009 (NNT) –Thai Airways International Plc (THAI) Board has given a green light to the company for an increase in the size of its authorized share capital to strengthen the business within December this year. THAI Executive Board Chairperson Wanlop Phukkanasut announced that the airline planned to increase its authorized share capital, [...]

EC Secretary: 60% to vote in Surat Thani by-election

By k on August 30, 2009

SURAT THANI, 30 August 2009 (NNT) – The Election Commission (EC) Secretary General anticipated that over 60% of Surat Thani people would vote in the by-election at the Constituency 1 today. From his inspection into election in the province, EC Secretary General Sutthipol Thaweechaikarn said neither complaint nor corruption had been seen. The consignment of [...]

PM confident economy will become positive in fourth quarter

By k on August 30, 2009

BANGKOK, Aug 30 (TNA) — Prime Minister Abhisit Vejjajiva on Sunday expressed optimism that Thailand’s national economy would turn around to become positive in the final quarter of 2009. In his weekly address on television and radio, Mr. Abhisit said the latest statistics disclosed by the National Economic and Social Development Board showed that national [...]

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