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September 2009
Bangkok getting prepared for typhoon Ketsana
By k on September 29, 2009
BANGKOK, 29 September 2009 (NNT) – Bangkok’s Department of Drainage and Sewerage has assured readiness to deal with approaching typhoon Ketsana projected to enter Thailand on Wednesday. The department’s director, Chanchai Witoonpanyakij, said that his department was ready to deal with typhoon Ketsana’s effects on the capital, projected to take place on Tuesday and Wednesday. [...]
SME Bank offers debt moratorium to SME business
By k on September 29, 2009
BANGKOK, 29 September 2009 (NNT) – President of the Small and Medium Enterprise Development Bank of Thailand (SME Bank) Mr.Soros Sakornvisava said that the bank would offer debt moratorium to the small and medium enterprises (SME) customers, however they still needed to pay interest. The Finance Ministry previously assigned the Fiscal Policy Office (FPO) to [...]
Thai Army chief: Thai-Cambodian Border Commission will resolve border disputes
By k on September 29, 2009
BANGKOK, Sept 29 (TNA) – Thai Army chief Gen Anupong Paochinda declined to comment on news report on Cambodian Prime Minister Hun Sen’s remarks regarding Thai-Cambodian border disputes, saying that the Thai-Cambodian Joint Commission for the Demarcation of Land Boundary would be responsible for the talks to find solution on the border disputes. International media, [...]
GPO confirms to test H1N1 vaccine with humans by 9 Oct
By k on September 28, 2009
BANGKOK, 28 September 2009 (NNT) – The Government Pharmaceutical Organization (GPO) has reported progress on the H1N1 vaccine research and has confirmed to conduct vaccine trials with humans by 9 October 2009. According to GPO Chairperson MD Vichai Chokewiwat, the vaccine study is proceeding well. The researchers are currently waiting for the result of immunity [...]
Finance Ministry to construct international convention center in Phuket
By k on September 28, 2009
PHUKET, 28 September 2009 (NNT) – The Finance Ministry is pushing forward with plans to construct a 3.7-billion-baht international convention center in Phuket province to be completed in 2012. Deputy Minister of Finance Dr Pruttichai Damrongrat on Monday traveled to the site of the future Phuket International Convention Center to meet and explain the need [...]
Referendums on charter amendments appropriate
By k on September 28, 2009
BANGKOK, 28 September 2009 (NNT) – The Senate Speaker agrees with the government’s idea to organize referendums on the constitutional amendment. Senate Speaker Prasopsuk Boondet stated that nation’s citizens should be allowed to directly voice their opinions on the charter revision as any change to the constitution would have profound effects on the Kingdom. The [...]
Alongkorn to found Creative Economy Office within 6 months
By k on September 28, 2009
BANGKOK, 28 September 2009 (NNT) – The Creative Economy Office will be established within six months and will be ready for integrated operation of all agencies under the Creative Economy project, according to Deputy Commerce Minister Alongkorn Ponlaboot. As Chair of the Subcommittee on the National Creative Economy, Mr Alongkorn stated that he would discuss [...]
Thailand mulls sending humanitarian relief to storm hit Philippines
By k on September 28, 2009
BANGKOK, Sept 28 (TNA) – The government of Thailand is considering sending humanitarian relief to the Philippines after the country was heavily hit by storms and flooding, according to the Ministry of Foreign Affairs (MFA)’s announcement released on Monday. The Philippines’ National Disaster Coordination Council said tropical storm Ketsana dumped one month’s worth of rains [...]
All world leaders show great interest in HM the King’s Sufficiency Economy
By k on September 27, 2009
BANGKOK, 27 September 2009 (NNT) – The Prime Minister said all world leaders participating in the 64th General Assembly in the United States expressed their interest in the Sufficiency Economy Concept initiated by His Majesty the King Bhumibol Adulyadej. Prime Minister Abhisit Vejjajiva stated in his taped weekly talk show during his participation in the [...]
Abhisit Thai political peacemaker
By k on September 27, 2009
BANGKOK, 27 September 2009 (NNT) – Foreign media lauds Prime Minister Abhisit Vejjajiva as a “Man In The Middle”, a mediator of different political groups, and a refresher of Thai democracy. Time’s reporter in Thailand, Hannah Beech, said political conflict in Thailand was not caused by Prime Minister Abhisit Vejjajiva. In contrast, Mr. Abhisit had [...]
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010
BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010
Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010
BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]