October 2009

Moody’s changes Mitsui O.S.K.’s A3 rating outlook to negative

By k on October 31, 2009

Tokyo, October 29, 2009 — Moody’s Investors Service has changed to
negative from stable the outlook for the A3 issuer rating of Mitsui
O.S.K. Lines Ltd. (MOL) and the senior unsecured debt ratings of its
supported subsidiaries and Mitsui O.S.K. Finance Plc. and Euromol B.V.

The outlook change reflects the pressure exerted on MOL’s earnings and
Moody’s concern that the [...]

PM vows to speed up development projects in deep south

By k on October 31, 2009

SONGKHLA, Oct 31 (TNA) - Prime Minister Abhisit Vejjajiva told the private sector in Thailand’s five southernmost provinces that the government will speed up various projects to develop the southern region.
Mr Abhist met business community representatives in the five southern provinces of Narathiwat, Pattani, Songkhla, Satun and Yala at a hotel in Hat Yai, Songkhla [...]

Defense Ministry geared up to host ASEAN Defense Minister

By k on October 31, 2009

BANGKOK, 31 OCTOBER 2009 (NNT) - The Ministry of Defense voices readiness to host the year’s ASEAN Defense Minister’s Summit taking place between 2-4 November.
Defense Ministry Spokesperson, Colonel Thanathip Sawangsaeng, spoke on Saturday of the ministry’s preparations to host the ASEAN Defense Minister’s Summit in Bangkok. The event will be held at the Plaza Anthenee [...]

Commerce Minister to check out the crop price guarantee scheme in 3 pilot provinces

By k on October 31, 2009

Bangkok, 31 October 2009 (NNT)-The Commerce Minister is prepared to check out the crop price guarantee project in the three pilot scheme provinces – Phitsanulok, Kamphaeng Phet, and Nonthaburi. Meanwhile, the reference price will be announced next week.
Ms Porntiva Nakasai, the Minister of Commerce is going to the 3 provinces of the pilot scheme in [...]

Banking and Finance Committee to follow up Strong Thai Scheme in Phayao.

By k on October 31, 2009

BANGKOK, 31 October 2009 (NNT) – The House Banking & Finance Committee were in Phayao to follow up the 2012 Strong Thailand fund in the province.
Chairman of the Committee, Mr Surapong Tovichakchaikul, and the team attended a meeting on the arrangement of Strong Thailand fund in Phayao. Phayao Governor Mr Cherdsak Chusri and representatives from [...]

Kasikorn Research: Thailand?s GDP to grow 1.1% in third quarter

By k on October 31, 2009

BANGKOK, Oct 31 (TNA) — With Thailand’s economy continues sustaining growth due to several positive factors, Kasikorn Research Centre forecasts that the country’s gross domestic product (GDP) would grow by over 1.1 per cent  in the third quarter of 2009.
It said as all economic indicators for September announced by the Bank of Thailand (BoT) Friday [...]

BoT: 2010 GDP to be 3.3-5.5%

By k on October 30, 2009

BANGKOK, 30 October 2009 (NNT) – The Bank of Thailand (BoT) estimates that Thailand’s 2010 GDP will expand at 3.3-3.5% while expressing concern over political instability and the suspension of 76 industrial projects in Map Ta Phut.
BoT Assistant Governor, Paiboon Kittisrikangwan, stated that the export value next year would grow around 13-16% while the inflation [...]

Finance Minister confident income distribution project will benefit GDP

By k on October 30, 2009

BANGKOK, 22 October 2009 (NNT) – Finance Minister Korn Chatikavanij is confident the government’s project on equal income distribution will help bring Thailand’s GDP next year up to 3%.
The minister said the project would tackle informal debts of low income earners who would be allowed to register with the Bank for Agriculture and Agricultural Cooperatives [...]

TAT introducting Thai tourism to top media purveyors

By k on October 30, 2009

BANGKOK, 30 OCTOBER 2009 (NNT) - The Tourism Authority of Thailand’s (TAT) has recently invited editors from leading magazines and newspapers in the United States to explore Thailand’s tourism products and services under the campaign “Bring the Cream of the Crop Media to Thailand.”
The trip lasted from 19-28 October with Deputy TAT Governor Juttaporn Rerngron-asa [...]

Energy Ministry is arranging GDP plan for power plant construction

By k on October 30, 2009

Bangkok, 30 October 2009 (NNT) - The Energy Ministry is arranging the economic conditions strategy, referred to as GDP in constructing the power plant to avoid overcharging consumers.
Dr. Wannarat Channukun, the Minister of Energy revealed the setting of an energy subcommittee to arrange the GDP plan, with the cooperation of the social development and human [...]

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