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Thai central bank encourages overseas investment to contain baht rise

BANGKOK, Aug 6 (TNA) – Bank of Thailand (BoT) Deputy Governor Suchada Kirakul on Wednesday said the central bank now allows a corporate entity with total assets of Bt5 billion…

Suvarnabhumi Airport Link likely to begin service as scheduled, says SRT chief

BANGKOK, Aug 6 (TNA) – The Airport Rail Link project, providing direct rail service to and from Suvarnabhumi Airport, is expected to be completely implemented and open for service as…

Sopon: THAI likely to lose Bt2 bln in profit in Q2

BANGKOK, 5 August 2009 (NNT) – Transport Minister, Sopon Zarum, said Thai Airways International (THAI) was likely to lose 2 billion baht in profit in the second quarter of 2009…

Finance Minister wants to see baht weaken

BANGKOK, Aug 5 (TNA) – Finance Minister Korn Chatikavanij on Tuesday indicated the ministry wanted the baht to depreciate so it could help boost exports and the economic recovery. However,…

Names released of 9 injured in Samui incident; Airport to re-open later Wednesday

BANGKOK, Aug 5 (TNA) – Nine passengers from five countries — Britain, Denmark, Italy, the Netherlands, and Switzerland — injured in Tuesday’s incident at an airport serving aThai tourist venue…

Moody’s downgrades Titan to Caa3; outlook negative

Approximately US$380 million of debt securities affected Hong Kong, August 04, 2009 -- Moody's Investors Service has downgraded the corporate family rating of Titan Petrochemicals Group Limited ("Titan") to Caa3…

Diesel may hit 30 baht per liter

BANGKOK, 4 August 2009 (NNT) – Prime Minister Abhisit Vejjajiva has appointed Pol Gen Wichian Pojphosri as Acting National Police Chief while dismissing speculation that he would replace Pol Gen…

Acting National Police Chief appointed

BANGKOK, 4 August 2009 (NNT) – Prime Minister Abhisit Vejjajiva has appointed Pol Gen Wichian Pojphosri as Acting National Police Chief while dismissing speculation that he would replace Pol Gen…

PM sees Thai economy improving in 2nd half this year

BANGKOK, Aug 2 (TNA) — Citing positive views on Thailand’s economy by Japanese and domestic business associations, Prime Minister Abhisit Vejjajiva said Sunday he is optimistic that the Thai economy…

Thai-Myanmar gas project to start commercial production in 2013

BANGKOK, Aug 3 (TNA) – Thailand and Myanmar will start commercial gas production from offshore Block M9 natural gas project on the Gulf of Martaban, south of Yangon in late…