- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
January 2010
Motorbike riders urged to use Gasohol 91
By k on January 31, 2010
BANGKOK, 31 January 2010 (NNT) – The Ministry of Energy and the Thai Motorcycle Enterprise Association are encouraging motorcycle riders to use Gasohol 91 to reduce costs and promote ethanol production in the country. Energy Minister MD Wannarat Channukul urged motorcycle riders to shift to Gasohol 91 after presiding over the Gasohol 91 campaigning activity [...]
Government won’t launch coup against itself
By k on January 31, 2010
BANGKOK, Jan 31 (TNA) — Despite Thailand’s ongoing political turbulence, Deputy Prime Minister Suthep Thaugsuban on Sunday assured the public that the Abhisit government is still in control and that it has no need to carry out a coup against itself. His remarks were made after the main opposition Puea Thai Party voiced concerns of [...]
Honda Thailand recalling 2,700 vehicles as safety precaution
By k on January 31, 2010
BANGKOK, Jan 31 (TNA) — A total of 2,700 Honda City cars sold in Thailand in 2008 will be recalled, said Adisak Rohitasune, senior vice president of Asian Honda Motor Co., Ltd. No mechanical irregularities were reported in Thailand, according to the company, but because a specific mechanism has misfunctioned elsewhere, Honda is effecting its [...]
Thailand and Japan jointly invest in craft paper business in Vietnam
By k on January 29, 2010
BANGKOK, 29 January 2010 (NNT) – Thailand cooperated with Japan to invest in craft paper business in Vietnam worth six billion THB, due to the rising trend of the business at 10% per year. Mr Chaowalit Eakabut, the Managing Director of SCG Paper stated that Vietnam currently was a very interesting investment venue, following its [...]
PM arrives Switzerland for World Economic Forum
By k on January 29, 2010
BANGKOK, 29 January 2010 (NNT) – Prime Minister Abhisit Vejjajiva arrived at Zurich International Airport in Switzerland to participate in the 40th World Economic Forum. The specially-arranged plane carrying Mr Abhisit, Minister of Foreign Affairs Kasit Piromya, Deputy Commerce Minister, Alongkorn Pollabutr, Deputy Prime Minister Korbsak Sapavasu, Deputy Secretary-General to the Prime Minister Panithan Watanayakorn [...]
Montara blaze cost PTTEP 11.4bn THB loss
By k on January 29, 2010
BANGKOK, 29 January 2010 (NNT) – The blaze incident at one of PTTEP’s oil rigs in the Timor Sea early November last year cost the company over 11.4 billion THB in losses according to the results of a probe. Executive Vice President of PTTEP Plc, Mr Chatchawal Eimsiri, revealed that the 11.4-billion-THB damage caused by [...]
TAT to revive tourism in Song Phi Nong district
By k on January 29, 2010
BANGKOK, 29 January 2010 (NNT) – The Tourism Authority of Thailand (TAT) will revive Song Phi Nong district in Suphanburi province, emphasizing arts and cultural tourism. Part of the efforts is to revive Bang Li market, considered essential to the livelihood of the people, according to Song Phi Nong Municipal Mayor Wiroj Kanuwattana, adding that [...]
Suthep assures strong ties among coalition
By k on January 29, 2010
ANGKOK, 29 January 2010 (NNT) – Deputy Prime Minister for Security Affairs Suthep Thaugsuban has assured strong ties remain among all parties of the coalition government despite differences of opinion on charter revision. The deputy prime minister emphasized that the prime duty of the government was to solve problems for the nation. He stated that [...]
BoT to encourage overseas investment and capital flow liberalisation
By k on January 29, 2010
BANGKOK, Jan 29 (TNA) – The Bank of Thailand (BoT) is set to issue next week added measures to encourage private-sector investment abroad and liberalisation of capital flows. Delivering a policy statement in this week, BoT Governor Tarisa Watanagase said last year’s economic crisis was the world’s worst in 60 years. It had changed the [...]
BoT denies soap bubble economy in Thailand
By k on January 28, 2010
BANGKOK, 28 January 2010 (NNT) – The Bank of Thailand (BoT) Governor, Tarisa Watanagase, ruled out signs of a possible soap bubble situation in Thailand today. Mrs Tarisa stated that reliance on the government’s expansionary monetary policy would no longer be as needed to prop up the economy amid clearer signs of economic recovery. She [...]
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010
BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010
Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010
BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]