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September 2009
Surat Thani sees improvement in flu situation
By k on September 27, 2009
SURAT THANI, 27 September 2009 (NNT) – The situation of the Influenza A (H1N1) outbreak in Surat Thani has improved, according to Surat Thani Public Health officer Nattawut Prasertsiripong. Dr. Nattawut pointed out that virus infected people had been found in only 4 districts out of the province’s 19 districts during the past two weeks. [...]
DTN: AEC Blueprint will benefit ASEAN´s investors
By k on September 26, 2009
BANGKOK, 26 September 2009 (NNT) – Deputy Director-General of the Department of Trade Negotiations (DTN), Noppadol Sarawasee, believes the ASEAN Economic Community (AEC) Blueprint will allow companies within the ASEAN to hold shares in Thai service businesses at over 50% within 2010. Mr Noppadol declared that the AEC Blueprint that would come into effect in [...]
Senate Whip suggests Parliament draft charter amendments
By k on September 26, 2009
BANGKOK, 26 September 2009 (NNT) – The Senate Whip has suggested Parliament draft charter amendments before forwarding them to the government for referendum, in order to stifle any opposition from the upper and lower houses early on. Deputy Chairman of the Senate Whip Nikom Wairatpanich remarked on Saturday that the constitutional revision should be taken [...]
TAT has high hopes for Bangkok Film Festival
By k on September 26, 2009
BANGKOK, 26 September 2009 (NNT) – The Tourism Authority of Thailand (TAT) has relayed high hopes for the 2009 Bangkok International Film Festival that has so far attracted many domestic and foreign celebrities. The 2009 Bangkok International Film Festival kicked off 2 days ago at SF World Cinema, spurring much hope for the Asian film [...]
BoT affirms readiness to track foreign capital movement
By k on September 26, 2009
BANGKOK, Sept 26 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Friday affirmed the central bank had sufficient tools to oversee the movement of foreign capital in Thailand. She said the strengthening of the baht now stemmed from the foreign capital inflow into the Thai stock markets and other stock exchanges in Asia. [...]
Abhisit unsurprised by perception of worsening Thai economy
By k on September 26, 2009
BANGKOK, Sept 26 (TNA) — Reasserting that the Thai economy will improve in the last quarter of the year, Prime Minister Abhisit Vejjajiva nonetheless on Saturday said that he was not surprised by a new survey showing that a majority of people believe that national economy is deteriorating and most of them remain in debt. [...]
PTT, Bangchak to reduce oil price tomorrow
By k on September 25, 2009
BANGKOK, 25 September 2009 (NNT) – PTT Plc and Bangchak Plc will reduce prices for all types of benzene and diesel by 60 and 50 satang per liter respectively except for Gasohol E85 from tomorrow 5.00 hrs onwards. The announcement will result in a price reduction of benzene 91 to 34.04 baht per liter. As [...]
Bullion quoted at 15,900 baht per one-baht weight
By k on September 25, 2009
BANGKOK, 25 September 2009 (NNT) – Gold bars were quoted at 15,900 baht per one-baht weight and gold ornaments were quoted at 16,300 baht per one-baht weight today. Gold futures contracts in New York closed lower than US$1,000 today. Commodity Exchange (COMEX)’s gold futures contracts for December delivery closed at US$998.90 per ounce, down US$15.50 [...]
MOPH announces 31.2% efficacy of HIV vaccine trial
By k on September 25, 2009
BANGKOK, 25 September 2009 (NNT) – The Ministry of Public Health (MOPH) has announced a 31.2% preventive efficacy of HIV/AIDS in the third phase of the biggest HIV/AIDS vaccine research project in the world. Speaking at the Disease Control Department yesterday, Public Health Minister Witthaya Kaewparadai indicated the trial result as an important step in [...]
BOT: Value of Thai Baht remains volatile
By k on September 25, 2009
BANGKOK, 25 September 2009 (NNT) – The Bank of Thailand (BOT) pointed out the value of Thai local currency remained volatile as a result of the influx of investments to the Stock Market. Despite the fluctuation of Thai Baht, BOT Governor Tarisa Watanagase said the Central Bank had prepared means and measures to address the [...]
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 [...]