BANGKOK, 30 June 2010 (NNT) – The Ministry of Finance expects to bring the final conclusion to the plan to provide free public transport permanently before the end of this year. As part of the government’s effort to alleviate low-income earners’ financial hardships, Finance Minister Korn Chatikavanij disclosed today that the ministry currently deemed the [...]
BANGKOK, 30 June 2010 (NNT) – Director of the Center of Economic and Business Forecasting (CEBF) Dr Thanawat Polvichai has voiced his opposition to the government’s relief measures, saying that they are not the solution to the high cost-of-living problem and that they are ruining the mechanism of the market. Speaking of the government’s decision [...]
BANGKOK, 30 June 2010 (NNT) – The Department of Corrections does not allow the anti-government United Front of Democracy against Dictatorship (UDD) co-leader Korkaew Pikulthong to run the by-election campaign as candidate of the Pheu Thai Party. Election Commission (EC) member , Prapan Naikovit, disclosed on Wednesday that Mr Korkaew was not allowed to leave [...]
BANGKOK, June 30 (TNA) – The Stock Exchange of Thailand (SET) has teamed up with Tisco Securities and Deutsche Bank to hold a road show in London on July 12-13 to tell and show leading European institutional investors about economic, political and investment conditions in Thailand. SET president Charamporn Jotikasthira revealed executives of 10 leading [...]
BANGKOK, 29 June 2010 (NNT) – The Kasikorn Research Center (KResearch) has raised the GDP estimation to 4-6% in line with the continuous economic growth. Dr Charl Kengchon, Managing Director of KResearch, stated that the center decided to increase its GDP projection to 4-6% from the original 2.6-4.5% because the economic situation in Thailand in [...]
BANGKOK, 29 June 2010 (NNT) – The Commerce Ministry is preparing to set up the Border Trade Promotion Center at five locations in the border provinces, in order to expand trade and investment with neighboring countries. Deputy Permanent Secretary for Commerce Kritsada Piampongsan unveiled the Ministry’s policy on border trade that five centers for border [...]
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 [...]
BANGKOK, 29 June 2010 (NNT) – The opposition Pheu Thai Party will ask Prime Minister Abhisit Vejjajiva to speed up the investigation of pending cases involving the People’s Alliance for Democracy (PAD)’s seizure of Government House and national airports. Mr Prompong Nopparit, Spokesperson of the Pheu Thai Party, disclosed today that the party’s legal team [...]
BANGKOK, 29 June 2010 (NNT) – The Center for the Resolution of Emergency Situation (CRES) will decide whether to revoke the state of emergency enforcement by 5 July 2010 ahead of Cabinet review on the matter. CRES and Army Spokesperson, Colonel Sansern Kaewkamnerd, admitted that the CRES has not concluded the decision at present. He [...]
BANGKOK, June 29 (TNA) – The Thai economy this year is likely to rise 5.5 per cent with a projected range of 5.0-6.0 year-on-year, higher than projected in March when it was seen at 4.5 per cent year-on-year, Fiscal Policy Office director-general Sathit Rangkasiri said. Factors that supported Thai economy in the first quarter of [...]
