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Moody’s assigns Aa2 to Kyushu Electric Power’s Japan bonds

Tokyo, June 04, 2009 -- Moody's Investors Service has assigned an Aa2 rating to Kyushu Electric Power Co., Inc.'s (Kyushu Electric) Series 408, Yen 20 billion bonds, due 2019. The…

NRPC: Rice mortgage quota raised to 6 million tons

BANGKOK, 4 June 2009 (NNT) – The National Rice Policy Committee (NRPC) has resolved to raise the rice mortgage quota from 4 million tons to 6 million with a total…

Southern unrest on Thai PM’s Malaysia visit agenda

BANGKOK, June 4 (TNA) – Thailand’s Prime Minister Abhisit Vejjajiva said on Thursday he plans to discuss the insurgency in the country’s far South with Malaysia during his official visit…

Thai Finance Ministry to issue 5-yr savings bonds in July

BANGKOK, June 4 (TNA) – Thai Finance Minister Korn Chatikavanij has given approval for the issuance of five-year saving bonds worth Bt30 billion in July, said the Ministry’s director-general of…

Moody’s downgrades MISC’s rating to A3; outlook stable

Hong Kong, June 04, 2009 -- Moody's Investors Service has downgraded MISC Berhad's ("MISC") issuer and senior unsecured debt ratings to A3 from A2. At the same time, Moody's has…

ASEAN pushes resumed Korean security talks; Outcries against NKorean actions

JEJU ISLAND, June 1 (TNA, Agencies) – Thai Prime Minister Abhisit Vejjajiva on Monday proposed an Asian region security meeting to help revive the stalled six-party denuclearisation talks after North…

GM Thailand still strong, moving ahead with new diesel engine plant

BANGKOK, June 1 (TNA) – Even though General Motors in the United States is in economic straits and plans to file for Chapter 11 protection on Monday, its subsidiary General…

General Motors files for bankruptcy

Reuters New York US car maker General Motors filed for bankruptcy protection, marking one of the biggest collapses in the corporate history as the iconic entity grapples with global recession…

Customs law asked to be amended

BANGKOK, 1 June 2009 (NNT) – The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) will propose the Finance Ministry to review customs law in order to be fair…

Oil fund not to shoulder oil price more than 4 months

BANGKOK, 1 June 2009 (NNT) – Energy Minister MD Wannarat Channukul affirmed that the rising price of oil depended on the global marketing mechanism while stating that the oil fund…