Share BANGKOK, Dec 31 – The Thai economy is likely to grow 3-5 per cent next year given the continued economic growth in November and the fourth quarter of this year, according to the Bank of Thailand (BoT). Mathee Supapongse, senior director of BoT’s Domestic Economy Department, said Thailand’s improved economic growth will make the [...]
ShareBANGKOK, Dec 31 – The Phnom Penn Municipal Court has not set a date for the trial of seven Thais who were detained by Cambodian troops Wednesday as they inspected the border of Sa Kaeo province and Cambodia’s Banteay Meanchey province, according to Thai Ministry of Foreign Affairs spokesman Thani Thongphakdi. The seven, including Democrat [...]
ShareBANGKOK, 29 December 2010 (NNT) – PTT Plc has disclosed that consumers will next year have to pay more at the pump should the state-owned company be required to continue subsidizing the price of LPG. According to PTT’s CEO Prasert Boonsampan, the company will not raise gasoline price this week providing that the price of [...]
SharePHANG NGA, 26 December 2010 (NNT) – Citizens of Phuket and Phang Nga as well as relatives of those who lost their lives in the tsunami six years ago gathered to commemorate the incident which struck the south-western coast of Thailand in 2004, killing thousands. Merit-making ceremonies were held in dedication to the victims, at [...]
ShareBANGKOK, 25 December 2010 (NNT) – According to the Center for Economic and Business Forecasting (CEBF), 90 billion baht will be in circulation during this New Year will reach, the highest in five years.revealed According to CEBF Director Dr Thanawat Polvichai, a recent survey, conducted from 1,229 respondents, on consumer’s behaviors during this New Year [...]
ShareBANGKOK, 26 December 2010 (NNT) – Prime Minister Abhisit Vejjajiva has admitted that Former Prime Minister Thaksin Shinawattra is living in Dubai, but reiterated that he would not allow the former Prime Minister to be involved in any political movements. In light of reports that a group of Phue Thai party members have gone to [...]
ShareBANGKOK, 25 December 2010 (NNT) – The Bank of Thailand (BoT) has warned investors of the baht fluctuation given the capital flows after the New Year are unpredictable, adding it is prepared to invest its reserves in Chinese bonds or securities. BoT Governor Prasarn Trairatvorakul stated that from now on the baht could both depreciate [...]
ShareBANGKOK, 23 December 2010 (NNT) – Deputy Prime Minister for Security Affairs Suthep Thaugsuban has disclosed that the government is willing to consider a police reform to bolster the service for Thai people. Mr. Suthep stated that the government would review the police reform plan recommended by the police reform panel for higher working efficiency [...]
ShareBANGKOK, 22 December 2010 (NNT) – Deputy Prime Minister in charge of Economic Affairs Dr. Trairong Suwannakhiri said that the global economy next year would grow at a slower pace than it did this year due to high unemployment rates in the US and the public debt problems in Europe. According to Trairong, the US [...]
ShareSingapore, December 21, 2010 — Moody’s placed the Ba1 corporate family rating and Ba2 senior unsecured rating of Vedanta Resources plc on review for possible downgrade on 17th August 2010, after it had announced the proposed acquisition of a controlling stake (of up to 60%) in Cairn India Ltd. for $9.6 billion or less. At [...]