December 2009

Securities Companies Association concerned by ‘no commission’ offer

By k on December 30, 2009

BANGKOK, Dec 30 (TNA) – Executive directors of Thailand’s Association of Securities Companies will meet early next year to discuss impacts of the move by two securities firms to collect no commission on the excess to a trading amount of Bt20 million, according to an industry executive.
Association president Jongrak Raruaysong said the two companies had [...]

Bangkok Bank invests 20 bn THB in China

By k on December 30, 2009

BANGKOK, 29 December 2009 (NNT) - Bangkok Bank PCL launches Bangkok Bank China Co, Ltd with the registered capital of 20 billion THB.

President of Bangkok Bank Chartsiri Sophonpanich said that the Bangkok Bank China Co, Ltd was officially opened on 28 December 2009. The new company is a wholly foreign-funded bank, with Bangkok Bank owning [...]

Thailand-Russia to improve trade and investment partnership

By k on December 30, 2009

BANGKOK, 29 December 2009 (NNT) – Thailand and Russia aim high in bilateral trade as they view each other as prospective markets in the next decade.

At a recent meeting between the Thai and Russian trade delegations in Bangkok, both sides shared experience in ways to increase trade opportunities. They agreed to exchange business representatives in [...]

ICT to launch satellite TV online

By k on December 30, 2009

BANGKOK, 29 December 2009 (NNT) – The Ministry of Information and Communication Technology (ICT) is going to launch a satellite television broadcasting information technology news, to begin in February 2010 via www.ictnetwork.tv.
ICT Minister Second Lt Ranongruk Suwunchwee said the ministry has cooperated with CAT Telecom Plc, TOT Plc, and the Software Industry Promotion Agency (SIPA), [...]

PTT ready to sell more petrol for New Year

By k on December 30, 2009

BANGKOK, 29 December 2009 (NNT) – The PTT Plc has set plans to reserve more oil for distribution during the New Year long holidays via its 1,300 gas stations nationwide.
A PTT executive Prajya Phinyawat, stated on Tuesday that the PTT gas stations nationwide, particularly the ones located in famous tourist destinations such as Pai district [...]

Thai Finance Ministry raises economic growth estimates for 2009 and 2010

By k on December 30, 2009

BANGKOK, Dec 29 (TNA) – Boosted by better-than-expected economic growth late this year, Thailand’s Ministry of Finance has revised upward its economic expansion estimate for this year and next year.
Director-General Satit Rungkasiri of the Fiscal Policy Office said the ministry made a new projection that the economy in 2009 would shrink only 2.8 per cent [...]

Thailand’s Public Health Minister resigns, takes responsibility for management flaws in ministry projects

By k on December 30, 2009

BANGKOK, Dec 29 (TNA) - Public Health Minister Witthaya Kaewparadai announced his resignation Tuesday to take responsibility for ‘management flaws’ in his ministry’s projects under the Bt86 billion Thai Khemkhaeng (Strong Thailand) stimulus package.
Mr Witthaya told reporters after meeting with Prime Minister Abhisit Vejjajiva early Tuesday morning at Government House that no funds designated for ministry [...]

Economists project 3% growth in 2010

By k on December 28, 2009

BANGKOK, 28 December 2009 (NNT) – Economists anticipate next year’s economy to grow 3% while exporters are advised to prepare for currency flux risk, according to the Bangkok Poll.
The survey conducted during 14-18 December on economic experts from 21 leading private and government institutions indicated that 81% of the respondents expected to see at least [...]

Thai jasmine rice urged to enter Iranian market

By k on December 28, 2009

BANGKOK, 28 December 2009 (NNT) – The Department of Export Promotion suggests to Thai jasmine rice exporters to penetrate the Iranian market.
Director-General of Export Promotion Department, Srirat Rattapana, said that currently Thai rice was sold in the Iranian low market at the price of 1.3 USD per kilogram while Thai jasmine rice, which is considered [...]

Finance Ministry´s 2010 goal focuses on public services

By k on December 28, 2009

BANGKOK, 28 December 2009 (NNT) - The Finance Ministry strives for stable and sustainable development of Thailand, aiming to steer forward the nation’s economy, says Finance Minister Korn Chatikavanij.
Mr Korn has recently delivered policies for the ministry’s officials in 2010, emphasizing on servicing the citizens, as well as the private sector. He said the ministry [...]

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