Share Thai export figure in June 2011 stood at 21 billion US dollars, an increase of 16.8% year-on-year while imports were worth 19.8 billion US dollars, rising by 26.1% year-on-year, according to the Ministry of Commerce. Outgoing Commerce Minister Pornthiva Nakasai concluded that Thailand last month enjoyed a trade surplus of 1.2 billion US dollars. [...]
Share the Bank of Thailand (BoT) has suggested that the private sector should take advantage of the stronger baht for the time being by importing capital goods in order to reduce production costs. Speaking in a seminar on Thursday, BoT Governor Prasarn Trairatvorakul admitted that the Thai economy is currently in good stability and has [...]
Share Phathumthani: 19 July 2011, Mitsubishi Motors Thailand celebrates Mother’s Day by offering special interest rates from 0.99%-1.99% with free insurance for customers who purchase Mitsubishi vehicle and also inviting customers to prepare car before rainy season by providing free car checking 27 items for Mitsubishi customers starting from now to the end of August [...]
ShareThe Thai Ministry of Defence has voiced its readiness to talk with the Cambodian counterpart upon the verdict of the International Court of Justice (ICJ) ordering troops of both sides to withdraw from the disputed Preah Vihear area. Responding to the recent ICJ’s temporary injunction on the 4.6-square-kilometer disputed zone around the Preah Vihear Temple, [...]
ShareBANGKOK, 19 July 2011 (NNT) – Outgoing Prime Minister Abhisit Vejjajiva has convened a meeting of related units in response to the World Court’s temporary injunction ordering withdrawals of both Thai and Cambodian troops from the disputed areas around Preah Vihear Temple. Heads of security units as well as related officials reportedly travelled to attend [...]
ShareBANGKOK, 18 July 2011 (NNT)-The Thai Labor Solidarity Committee (TSLC) has submitted a letter to Pheu Thai, asking the Party to expedite the implementation of their 300 THB minimum wage as well as the policy on labor rights. TSLC President Mr. Charlie Loisoong is urging Pheu Thai to follow through on their policies. The letter [...]
ShareBANGKOK, 17 July 2011 (NNT) – The Bank of Thailand (BoT) admitted high competition among commercial banks to give loans and seek more savings benefit low-income people. BoT’s Onsite Examination Department 1 Senior Director Salinee Wangtal said the government policy to increase loans to small entrepreneurs by government’s banks have forced commercial banks to seek [...]
SharePheu Thai Spokesperson Mr. Prompong Nopparit said the Red Shirt members have entered politics legally while expressing confidence that all of Pheu Thai MPs will be certified by 19 July, 2011. The Spokesperson explained that the Election Commission of Thailand had approved the qualifications of Red Shirt core leaders as MP candidates on 2 June, [...]
Share Outgoing Prime Minister Abhisit Vejjajiva has suggested that the Pheu Thai Party should focus its attention on national development after it takes over the administration. Speaking at Government House, the outgoing prime minister admitted that the Pheu Thai Party is facing with a number of challenges, especially how it could fulfil the promised policies and [...]
ShareThe Ministry of Commerce has confirmed that the upcoming establishment of the ASEAN Economic Community (AEC) will help expand market for ASEAN nations and lift the grouping on par with other recognized economic blocs. Permanent Secretary for Commerce Yanyong Puangrach stated that the AEC formation in 2015 will integrate ASEAN member states together economically, making [...]