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January 2010


TOT launches a new internet package with no contract made with customers

By k on January 28, 2010

BANGKOK, 28 January 2010 (NNT) – TOT Public Co., Ltd launches a new internet package called Simple Fit, to attract new customers who want the service with no contract. Ms Pumpaetip Iamsopa, Deputy Managing Director of Marketing Office, TOT Public Co., Ltd stated that in 2010, TOT would penetrate the internet market. Recently, a new [...]


Suthep confident in coalition despite charter revision conflict thumbnail

Suthep confident in coalition despite charter revision conflict

By k on January 28, 2010

BANGKOK, 28 January 2010 (NNT) – Deputy Prime Minister for Security Affairs, Suthep Thaugsuban has voiced his confidence to continue working with all coalition partners despite a disagreement with the ruling Democrat Party on the charter revision issue. The deputy prime minister stated that he was determined to do anything to make all coalition partners [...]


Economy signals continued recovery

By k on January 28, 2010

BANGKOK, Jan 28 (TNA) – The Thai economy signalled a continued recovery with a growth of more than 3.5 per cent in the fourth quarter of 2009, resulting in the gross domestic product (GDP) shrinking only 2.8 per cent for the whole year, lower than 3 per cent as many expected, according to the Fiscal [...]


No new A(H1N1) deaths in health ministry’s weekly report

By k on January 28, 2010

BANGKOK, Jan 27 (TNA) – No new fatalities related to Influenza Type A(H1N1) have occurred during the past week, said the Public Health Ministry in its weekly report. The country’s total swine flu death toll stands at 198. Dr Siriwat Thiptharadol, deputy permanent secretary for public health said the ministry targets  finish giving two million [...]


Lower SET Index mainly caused by domestic political issue

By k on January 27, 2010

BANGKOK, 27 January 2010 (NNT) – A recent drop of the SET market was mainly caused by investors’ concern on the domestic political situation. President of the Stock Exchange of Thailand (SET), Patareeya Benjapolchai, said the stock index dropped by 5% since last week. She said that the SET had to lower the stock base [...]


SCB confident in business growth, economic recovery

By k on January 27, 2010

BANGKOK, 27 January 2010 (NNT) – The Siam Commercial Bank (SCB) is confident with the potential of banks to have its total loan expanded by about 7-10% following the estimation of the Thai economy’s growth of no less than 3.5-4.5%. SCB President, Kannikar Chalitaporn, expected that the Thai economy this year would expand by 3.5-4.5% [...]


Descending gold prices causing buying frenzy

By k on January 27, 2010

BANGKOK, 27 January 2010 (NNT) – Throngs of speculators have flocked to purchase gold as prices continue to descend despite worldwide shortages causing deliveries to be delayed by 3-4 days. President of the Gold Traders Association, Jitti Tangsitthibhakdi, explained today that the week’s drop in gold prices was a consequence of the latest loan measures [...]


Court bars Thaksin’s former wife from selling land thumbnail

Court bars Thaksin’s former wife from selling land

By k on January 27, 2010

BANGKOK, Jan 26 (TNA) – Thailand’s Civil Court on Wednesday issued an injunction to bar Pojaman Na Pombejra, ex-wife of convicted prime  minister Thaksin Shinawatra from selling or transferring ownership of the controversial land tract on Bangkok’s Ratchadapisek area until the case is concluded. The injunction was issued after the Bank of Thailand (BoT) Financial [...]


Deputy Army Chief emphasises ‘no coup’ thumbnail

Deputy Army Chief emphasises ‘no coup’

By k on January 27, 2010

BANGKOK, Jan 27 (TNA) – Thailand’s Deputy Army Chief Gen Prayuth Chan-ocha on Wednesday reemphasised that there will no coup d’etat, affirming that the military would will serve the country according to their responsibility. Commenting on rumours that there will be a coup during Army Chief Gen Anupong Paochinda’s overseas trip early next month, Gen [...]


Industrial clustering requires members’ trust

By k on January 26, 2010

BANGKOK, 26 January 2010 (NNT) – A scholar pointed out that industrial cluster development could strengthen Thai industrial competitiveness, but to achieve that, trust among members is a pre-requisite. Assoc Prof Chaiyos Santiwong of faculty of business administration, Chiang Mai University, said that industrial cluster has played a much more important role now when every [...]


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Business News »

Loan clients urged to be well-prepared for higher finance costs

July 16, 2010

Loan clients urged to be well-prepared for higher finance costs thumbnail

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

Summary of the 9th APEC Energy Meeting thumbnail

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

Moody´s chops down PTT´s credit thumbnail

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 [...]