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ASEAN Chairman’s Statement on Myanmar 11 August 2009, Bangkok

Thailand, as the ASEAN Chair, has learned with deep disappointment that Daw Aung San Suu Kyi was sentenced to serve eighteen months of house confinement with limited freedom. The Chair…

Strong Andaman Islands earthquake leaves Thai dams unaffected

PHUKET, Aug 11 (TNA) – A 7.5 magnitude earthquake which struck in the Bay of Bengal off India’s remote Andaman Islands early Tuesday has not affected Thailand, according to the…

Diesel price cut by 2 baht/liter to be effective on 14 Aug

BANGKOK, 11 August 2009 (NNT) – Energy Minister Dr Wannarat Channukul announced that the price cut on diesel by 2 baht per liter would come into effect on 14 August…

Moody’s says Indonesia banking system outlook negative

Singapore, August 11, 2009 -- Moody's Investors Service says that the outlook for the Indonesian banking system is negative over the next 12-18 months, reflecting Moody's assumptions for fundamental credit…

Govt advised to call off fuel levies to Oil Fund

BANGKOK, 11 August 2009 (NNT) – The government has been advised to revoke the fuel levies, especially for diesel, collected to the State Oil Fund for one year. Secretary-General of…

Tsunami warning for 6 provinces along Andaman coast retracted

PHUKET, 11 August 2009 (NNT) – The National Disaster Warning Center has retracted a warning for a possible tsunami after issuing it to 6 southern provinces along the Andaman Sea.…

Rising Thai economy linked with global recovery, says SET chief

BANGKOK, Aug 11 (TNA) – The Thai economy has shown signs of improvement in tandem with the recovery of the global and United States economies with the gross domestic product…

Oil stock nationwide to be checked

BANGKOK, 10 August 2009 (NNT) – The Department of Energy Business (DOEB) will spend six million baht to examine oil stocks at 18,000 petrol stations nationwide. DOEB Director-General, Mr. Peerapon…

GHBank increases interest rates for fixed deposits by 0.50-1.50%

BANGKOK, 10 August 2009 (NNT) – The Government Housing Bank (GHBank) has increased its interest rates for fixed deposits by 0.50-1.50 percent per annum, effective from today onwards. The GHBank’s…

Senators Group: PM, Govt must clarify to pass Bht 400 bn loan bill

BANGKOK, 10 August 2009 (NNT) – 40 Senators Group has indicated that Prime Minister Abhisit Vejjajiva must clearly address with senators the use of the 400 billion baht loan bill…