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Industrial sector concerned about Thai consumers’ declining purchasing power

BANGKOK, June 18 (TNA) – Federation of Thai Industries (FTI) chairman Payungsak Chartsuthipol on Thursday said the industrial sector was concerned about a sign of declining purchasing power arising from…

Industrial index down in May

BANGKOK, 17 June 2010 (NNT) – The Thai Industries Sentiment Index (TISI) has dropped to 94.7 in May from 99.3 in the previous month, according to Chairman of the Federation…

Democracy in Thailand ready for substantial reform

BANGKOK, 17 June 2010 (NNT) – Prime Minister Abhisit Vejjajiva on Thursday presided over the first committee meeting for a review of the constitution. Speaking after attending the meeting, the…

Govt will not acquire Thaicom if too expensive

BANGKOK, 17 June 2010 (NNT) — Following the government’s highly anticipated moves on acquiring the Thaicom satellite, Thai Prime Minister Abhisit Vejjajiva has expressed a clear standpoint that the acquisition…

KBank and Thai Chamber of Commerce facilitates exports

BANGKOK, 17 June 2010 (NNT) — Kasikorn Bank (KBank) in cooperation with the Thai Chamber of Commerce has launched a new service that will help issue an automated certificate of…

Finance minister denies opposition’s allegation on stock manipulation

BANGKOK, June 17 (TNA) – Finance Minister Korn Chatikavanij on Wednesday denied the opposition party’s indirect accusation he was manipulating Thaicom stock, saying he had never been involved with such…

BoT to peg RP rate until the end of 2010

BANGKOK, 16 June 2010 (NNT) — The Bank of Thailand (BoT) will peg the RP rate at 1.25% until the end of this year, following the requests of the private…

MOAC assigned to consider 1-bn-THB aid for drought-hit farmers

BANGKOK, 16 June 2010 (NNT) – The cabinet has assigned the Ministry of Agriculture and Cooperatives to review its proposal for a budget worth 1 billion THB for aiding drought-affected…

Commerce Ministry to boost econ in 5 southernmost provinces

PATTANI, 16 June 2010 (NNT) – The Ministry of Commerce and related private sector will help boost trade in the five southernmost provinces after the local economy has been negatively…

Thai public prosecutors defer decision on PAD case again

BANGKOK, June 17 (TNA) – Thailand’s Office of the Attorney-General (OAG) postponed deciding whether to indict nine leaders of the People’s Alliance for Democracy (PAD), the ‘Yellow Shirts’, for seizing…