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Gen Sonthi backs purchase of Thaicom

BANGKOK, 15 June 2010 (NNT) – Leader of the Matubhum Party General Sonthi Boonyaratkalin has agreed with the government’s plan to buy back Thaicom Satellite from Temasek Holdings for national…

A Bangkok Senator opposes NGV/LGV price increase

BANGKOK, 15 June 2010 (NNT) – Bangkok Senator Rossana Tositrakoon, as the president of the committee on corruption investigation and good governance promotion, calls on the Prime Minister to give…

BoT warns of interest rate rise

BANGKOK, 15 June 2010 (NNT) – The Bank of Thailand (BoT) has advised the private sector to be prepared for rising interest and inflation rates. After adopting a low-interest rate…

Cabinet approves further income tax deductions for local tourists

BANGKOK, June 15 (TNA) – The Cabinet on Tuesday approved Thai travellers use of hotel receipts for personal income tax deductions of not more than Bt15,000 (US$460) in order to…

Court rejects bail bid of 11 Red Shirt leaders, guards

BANGKOK, June 15 (TNA) – Thailand’s Criminal Court on Tuesday rejected a bid for bail for eight anti-government Red Shirt leaders and three Red Shirt guards, citing concerns over possible…

JSCCIB orders speedy assistance to 22 Map Ta Phut projects

BANGKOK, 14 June 2010 (NNT) – The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has assigned two ministries to assist 22 Map Ta Phut industrial projects, which were…

Thailand seeks to buy Thaicom from Singapore’s Temasek

BANGKOK, June 14 (TNA) – Prime Minister Abhisit Vejjajiva on Monday said that Thailand’s Ministry of Finance is seeking to buy the Thaicom satellite back from Singapore-based Temasek Holdings, citing…

Private sector urges govt to solve political issue

BANGKOK, 14 June 2010 (NNT) – The Charoen Pokphand (CP) Group has suggested the government to urgently solve the domestic political uncertainty without waiting for a study result of the…

BoT suggests forming new entity to replace Development Fund

BANGKOK, 14 June 2010 (NNT) – The Bank of Thailand (BoT) suggests an establishment of a new organization to replace the Financial Institution and Development Fund which is due to…

Thai Airways business improves after political woes ease

BANGKOK, June 14 (TNA) – Thai Airways International (THAI) president Piyasavasti Amranand on Monday said the airline’s cabin factor, or ratio of seats filled, increased in June by almost 70…