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Former PM Surayud denies offering to mediate with Thaksin

BANGKOK, Dec 22 (TNA) – Thailand’s former Prime Minister Surayud Chulanont on Tuesday denied news reports that he has offered to mediate between the Democrat-led coalition government and the convicted fugitive…

Next year’s gold price expected major flux

BANGKOK, 21 December 2009 (NNT) – The President of the Gold Traders Association predicts next year’s gold price will undergo a major fluctuation due to speculations from hedge funds at…

Banks target SMEs in loan lending

BANGKOK, 21 December 2009 (NNT) – Siam Commercial Bank (SCB) has set plans to lend more to Small and Medium Enterprises (SMEs) by using pricing strategies to attract them. SCB…

FTI expects 600 bn THB damages for Map Ta Phut frozen projects

BANGKOK, 21 December 2009 (NNT) – The Federation of Thai Industries (FTI) has admitted concerns over possible negative effects of the 65 projects suspension in Map Ta Phut industrial estate…

Families valued top in Asia under recession

BANGKOK, 21 December 2009 (NNT) – A poll recently conducted among 33,000 people from 16 economic zones, including Thailand, shows that 95% of the samples give priority to the family…

Thai govt rules out return to ante-coup playing field for talks with Thaksin

BANGKOK, Dec 21 (TNA) – The government of Prime Minister Abhisit Vejjajiva has rejected proposals by the Thailand’s opposition Puea Thai Party to reinstate the country’s 1997 constitution and return…

Visiting Myanmar, Malaysia will benefit Thai trade and investment

BANGKOK, 20 December 2009 (NNT) – Deputy Commerce Minister, Mr. Alongkorn Ponlaboot stated that visiting Myanmar and Malaysia would help expand trade and investment cooperation with Thailand. Mr Alongkorn voiced…

Finance Ministry considers new target on revenue collection in 2010

BANGKOK, 20 December 2009 (NNT) – The Ministry of Finance is considering an increased target of revenue collection of the Custom and Revenue Departments due to the global economic recovery…

People flocking to OTOP CITY 2009

BANGKOK, 20 December 2009 (NNT) – Entrepreneurs from the government-initiated One Tambon One Product (OTOP) project ask the government to promote the “OTOP CITY 2009″ fair more to boost their…

Ex-PM did not order MPs to quit

BANGKOK, 20 December 2009 (NNT) – The Opposition Puea Thai Party has played down the rumors that former Prime Minister Thaksin Shinawatra ordered the party MPs to resign. The New…