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Moody’s downgrades Portfolio CDS entered into by JPMorgan USD 300 million of debt securities affected

Tokyo, July 29, 2009 -- Moody's Investors Service announced today that it has downgraded the rating of the credit default swap ("CDS") entered into between JPMorgan Chase Bank NA ("JPMorgan")…

Thai Baht gets stronger due to surplus balance of trade

BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency.…

Price of Gold Futures today likely depend on gold price in global market

BANGKOK, 28 July 2009 (NNT) – Mr. Khomsan Poramabhut, Senior Deputy Manager for the Securities Analysis Division of the Bualuang Securities (BLS), revealed that price of Gold Futures at Thailand…

Anti-flu drug distributed to hospitals nationwide

BANGKOK, July 28 (TNA) – Thailand’s Ministry of Public Health has distributed anti-viral Oseltamivir (Tamiflu) capsules to government hospitals across the country, and is considering providing the medication to private…

Chinese and Thai investors agree to co-invest to boost business synergy

PATTAYA, July 28 (TNA) – Chinese investors from business associations worldwide and leading Thai businesspersons have co-invested in trade valued at US$6.2 billion or some Bt210.8 billion as part of…

No speculation on baht, says Thai central bank

BANGKOK, July 28 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Monday indicated that no speculation on the baht had been found although the currency had strengthened in…

Thaksin´s birthday not affect on the Government

BANGKOK, 27 July 2009 (NNT) – Deputy Prime Minister Suthep Thaugsuban assured today that fugitive ex-Prime Minister Thaksin Shinawatra’s birthday event over the weekend had no affect on the Government.…

Witthaya reports prenatal flu infection to WHO

BANGKOK, 27 July 2009 (NNT) – The Public Health Ministry reported the world’s first case of a foetus having contracted the A(H1N1) virus to the World Health Organization (WHO). Public…

sets loan target at 28 billion baht for 2009 :EXIM BANK

BANGKOK, 27 July 2009 (NNT) – The President of Export-Import Bank of Thailand (EXIM BANK), Mr. Apichai Boontherawara, revealed his bank had set its loan target for the whole year…

oil increase 50 satang/liter

BANGKOK, 27 July 2009 (NNT) – Domestic oil retailers will increase oil prices by another 50 Satang per liter in the next few days after the marketing margin was reduced…