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4 Map Ta Phut projects resume work

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Office of Natural Resources and Environmental Policy and Planning (ONEP) has resolved to permit the construction of four more Map Ta Phut industrial projects, previously suspended by the court’s injunction.
Mr Sorayud Petchtrakul, Assistant to the Industry Minister and Chairman of committee in charge of seeking solutions to Map [...]


ICT launches crisis alert center to monitor protests

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) – The Ministry of Information and Communication Technology (ICT) has launched a crisis alert center following mass protests of the anti-Government group United Front for Democracy Against Dictatorship (UDD).

According to ICT Minister Second Lieutenant, Ranongruk Suwunchwee, the hotline 1212 is a 24-hour alert center for crisis. The center will strictly [...]


Korbsak named as chief coordinator with UDD

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) - Secretary General to the Prime Minister Korbsak Sabhavasu has been appointed chairman of the working panel to coordinate with UDD core figures.
The appointment was made by the Internal Security Operations Command (ISOC) during its meeting on Wednesday chaired by Prime Minister Abhisit Vejjajiva. The meeting reviewed security measures to [...]


More energy needed: more solutions wanted

By k on 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 [...]


Security act invocation to affect confidence in short run: Thai central bank thumbnail

Security act invocation to affect confidence in short run: Thai central bank

By k on March 10, 2010

BANGKOK, March 10 (TNA) – The Cabinet decision to Implement Thailand’s Internal Security Act (ISA) in the capital and its environs to prevent any eruption of violence during the Red Shirt protests later this week may negatively affect investor confidence and domestic spending, according to the Bank of Thailand (BoT), but it will last only [...]


Bank of Thailand keeps interest unchanged at 1.25% thumbnail

Bank of Thailand keeps interest unchanged at 1.25%

By k on March 10, 2010

BANGKOK, March 10 (TNA) –  The Bank of Thailand (BoT) on Wednesday decided to maintain its policy interest rate at 1.25 per cent per annum and will consider adjusting it to normal levels during the next meeting on April 21 if no incident likely to severely affect the economy occurs.
The Monetary Policy Committee (MPC) decision [...]


Thailand and USA join hands to solve trade barriers

By k on March 9, 2010

BANGKOK, 9 March 2010 (NNT) – Thailand and the United State held a discussion to reduce trade barriers of the two countries.
The Deputy Permanent Secretary for Agriculture and Cooperatives had a meeting with the US Agriculture Ministry Executive on the import-export of fruits between the two countries.
Both countries agreed to apply the academic information for [...]


ICT given more time to review changes to telecom concession contracts

By k on March 9, 2010

BANGKOK, 9 March 2010 (NNT) - The Cabinet today voted in favor of a time extension for the examination of the amendments to concession contracts between TOT and CAT Telecom as requested by the Ministry of Information and Communication Technology (ICT).
Deputy Government Spokesman, MD Phumin Lithiraprasert, today told the press that the Cabinet has given [...]


Bankers permitted to halt ATM, close bank branches in emergency

By k on March 9, 2010

BANGKOK, Mar 9 (TNA) – The management of Thailand’s commercial banks are permitted to instruct an immediate halt to ATM services or the operations of bank branches in risk-prone areas without prior consent from the central bank,  according to Bank of Thailand (BoT) Deputy Governor Krirk Vanikkul.
The BoT decision was made amid mounting rumors that [...]


Thailand approves $19 million loan to Laos for road construction

By k on March 9, 2010

Thailand approves $19 million loan to Laos for road construction

BANGKOK, March 9 (TNA) – The Thai Cabinet on Tuesday gave a green light to lend Bt655 million (US$19.8 million) to neighbouring Laos PDR for two road improvement projects, according to Finance Ministry.

The Neighbouring Countries Economic Development Cooperation Agency (NEDA) reported that financial assistance worth Bt655 [...]


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Business News »

Security act invocation to affect confidence in short run: Thai central bank

March 10, 2010

Security act invocation to affect confidence in short run: Thai central bank thumbnail

BANGKOK, March 10 (TNA) – The Cabinet decision to Implement Thailand’s Internal Security Act (ISA) in the capital and its environs to prevent any eruption of violence during the Red Shirt protests later this week may negatively affect investor confidence and domestic spending, according to the Bank of Thailand (BoT), but it will last only [...]

Bank And Finance »

Bank of Thailand keeps interest unchanged at 1.25%

March 10, 2010

Bank of Thailand keeps interest unchanged at 1.25% thumbnail

BANGKOK, March 10 (TNA) –  The Bank of Thailand (BoT) on Wednesday decided to maintain its policy interest rate at 1.25 per cent per annum and will consider adjusting it to normal levels during the next meeting on April 21 if no incident likely to severely affect the economy occurs.
The Monetary Policy Committee (MPC) decision [...]

General News »

ICT launches crisis alert center to monitor protests

March 10, 2010

BANGKOK, 10 March 2010 (NNT) – The Ministry of Information and Communication Technology (ICT) has launched a crisis alert center following mass protests of the anti-Government group United Front for Democracy Against Dictatorship (UDD).
According to ICT Minister Second Lieutenant, Ranongruk Suwunchwee, the hotline 1212 is a 24-hour alert center for crisis. The center will strictly [...]

Economy »

4 Map Ta Phut projects resume work

March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Office of Natural Resources and Environmental Policy and Planning (ONEP) has resolved to permit the construction of four more Map Ta Phut industrial projects, previously suspended by the court’s injunction.
Mr Sorayud Petchtrakul, Assistant to the Industry Minister and Chairman of committee in charge of seeking solutions to Map [...]

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 »

Korbsak named as chief coordinator with UDD

March 10, 2010

BANGKOK, 10 March 2010 (NNT) - Secretary General to the Prime Minister Korbsak Sabhavasu has been appointed chairman of the working panel to coordinate with UDD core figures.
The appointment was made by the Internal Security Operations Command (ISOC) during its meeting on Wednesday chaired by Prime Minister Abhisit Vejjajiva. The meeting reviewed security measures to [...]