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Moody’s rates Thai banks’ credibility “stabilized”

BANGKOK, 26 January 2010 (NNT) – A leading global credit rating firm, Moody’s Investors Service, heightens the credibility evaluation of Thai commercial banks from “poor” to “stabilized,” indicating an improvement…

PTT, Bangchak to reduce oil prices by 40 Satang on Wed

BANGKOK, 26 January 2010 (NNT) – Domestic oil retailers will reduce oil prices by 40 Satang per liter in every product, except E85, from 27 January 2010 at 5.00 hrs…

BOI to support 8 projects

BANGKOK, 26 January 2010 (NNT) – The Board of Investment (BOI) has given a green light to promote the investment of eight projects with the total value of more than…

Deputy PM allays concerns over new coup

BANGKOK, Jan 26 (TNA) – Armoured army vehicles seen on Bangkok’s streets Monday evening are part of Thailand’s assistance to the United Nations peacekeeping force in the Sudan, Deputy Prime…

Khao Phra Viharn national park closes after Sunday clash

SI SA KET, Jan 26 (TNA) – Thailand’s Khao Phra Viharn national park closed on Tuesday after a Sunday clash between Thai army rangers and Cambodian troops in an area…

SME development plan to help GDP and export figures

BANGKOK, 25 January 2010 (NNT) – The Prime Minister has disclosed expectations that the country’s gross domestic product will grow by 3.5% with export to expand by 14% this year.…

BoI to extend “Thailand Investment Year”

BANGKOK, 25 January 2010 (NNT) – The Board of Investment (BoI) is extending the “Thailand Investment Year” for another year to stimulate investment after an increase in investment support from…

Energy Ministry to check stock of oil palm productivity this year

BANGKOK, 25 January 2010 (NNT) – The Ministry of Energy expedites the checking of this year stock of oil palm to ensure consumers of its sufficiency for bio diesel B3…

Krung Thai expects to expand customer base this year through Bill Payment and THB 35 bn loan releasing

BANGKOK, 25 January 2010 (NNT) – Krung Thai Bank set the target to expand customer base in the private sector to cover 1,000 companies, through the Bill Payment service, along…

Thai-Cambodian border clash will not intensify conflict

BANGKOK, Jan 25 (TNA) – Thailand’s Prime Minister Abhisit Vejjajiva on Monday reaffirmed that fighting between military patrols of Thailand and Cambodia early Sunday in an area claimed by both…