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Agro and Food
Rice Price Guarantee Scheme
By k on June 13, 2009
Rice mortgage is one of many methods the government uses to assist farmers by manipulating rice prices. However, there are problems found in the government rice mortgage scheme, including produce adulteration and price arbitrage. The government by Prime Minister Abhisit Vejjajiva therefore initiated the idea to use a rice price guarantee scheme instead of the [...]
Food and beverage companies unite to tackle “hidden hunger”
By k on May 25, 2009
The food and grocery sector needs to unite to use its influence and contacts if the world is to address the “forgotten Millennium Goal” of hidden hunger, according to a Joint Declaration signed today by some of the world’s biggest food and nutrition companies.
Business News »
Stock exchange rebound into positive after PM rejects House dissolution
March 15, 2010
BANGKOK, 15 March 2010 (NNT) – The Thai stock market has moved into the positive zone after the prime minister refused to dissolve the House by noon today as demanded by the anti-government United Front of Democracy Against Dictatorship (UDD).
The activity in the stock exchange fluctuated up and down to both negative and positive zones, [...]
Bank And Finance »
Additional banks declared closed during UDD rally
March 15, 2010
BANGKOK, 14 March 2010 (NNT) - Commercial banks have requested temporary suspension of their operations at 17 branches located in Bangkok from 15 March onwards owing to the mass rally of the anti-government United Front for Democracy against Dictatorship (UDD), according to the Bank of Thailand.
Krung Thai Bank is closing its branches located on Ratchadamnoen [...]
General News »
Red Shirts threaten to deluge Government House with blood
March 15, 2010
BANGKOK, March 15 (TNA) - Anti-Thai government demonstrators on Monday announced that they would step up their campaign to bring down the administration of Prime Minister Abhisit Vejjajiva after he rejected their demand to dissolve the lower house of Parliament and call new elections.
The protesters are now threatening to splash all the entrances to Government [...]
Economy »
International firm points out tourism impact by the protest
March 15, 2010
BANGKOK, 14 March 2010 (NNT) - Jones Lang LaSalle, a global real estate services has predicted impact on tourism amid the demonstration by the supporters of the National United Front of Democracy Against Dictatorship (UDD).
The Head of Jones Lang LaSalle’s Bangkok Office, Andrew Langdon stated the peaceful protests would only draw minor impact to the [...]
Energy »
More energy needed: more solutions wanted
March 10, 2010
BANGKOK, 10 March 2010 (NNT) - The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy [...]
Politics »
Grenade attack wounds two soldiers in Bangkok army unit
March 15, 2010
BANGKOK, March 15 (TNA) – Unidentified attackers fired six M79 grenades into a Bangkok-based army unit, wounding two soldiers.
Col Nutthawat Akanibutr, commander of the First Infantry Regiment, said six M79 grenades were fired into his unit on Vibhavadi Rangsit road but only four exploded.
Sgt Maj First Class Preecha Pansamut was wounded in the abdomen and [...]