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Kasit briefs 42nd AMM progress

PHUKET, 20 July 2009 (NNT) – The Thai Foreign Minister Kasit Piromya gave a press conference, briefing the progress of the 42nd ASEAN Foreign Ministers Meeting (AMM) at 17.45 hrs…

Commerce Ministry: Over 1,000 businesses terminated in June

BANGKOK, 20 July 2009 (NNT) – Director-General of the Department of Business Development Kanissorn Navanugraha declared that 3,628 corporations had registered new businesses in June, whereas 1,200 businesses were defunct.…

Influenza A (H1N1) outbreak had affected the 2009 GDP forecast

BANGKOK, 20 July 2009 (NNT) – Governor of the Bank of Thailand (BOT) Tarisa Watanagase admitted that the influenza A (H1N1) outbreak had affected the 2009 Gross Domestic Product (GDP)…

Moody’s summarizes second quarter CLO rating actions, revises CLO rating

London, 20 July 2009 -- Moody's Investors Service announced today that during the second quarter of 2009, it downgraded 510 CLO tranches of 93 transactions, totaling approximately US$33 billion. Approximately…

Thai exports in the first six months contract by 23.5 per cent

BANGKOK, July 20 (TNA) – Thailand’s exports in the first half of 2009 contracted by nearly one-quarter — 23.5 per cent, compared to the same period last year, according to…

Thailand not to boycott Myanmar

BANGKOK, 19 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva said Thailand had a clear stance towards the human rights issue in Myanmar, affirming that Thailand would never support a…

ASEAN to confer on human rights, economic cooperation, virus

PHUKET, 19 July 2009 (NNT) – ASEAN Foreign Ministers have voiced agreement towards the final draft of the Terms of Reference (ToR) of the ASEAN Human Rights Body after the…

GSBank, commercial banks to roll out soft loans to prop up SMEs

BANGKOK, 18 July 2009 (NNT) – The Finance Ministry is about to roll out soft loans worth 50 billion baht through the Government Savings Bank (GSBank) and other local commercial…

Thai Influenza A (H1N1) vaccine to be tested in August

BANGKOK, 19 July 2009 (NNT) – Influenza A (H1N1) produced in Thailand will be ready for a test in August, according to the Public Health Ministry. Deputy Permanent Secretary of…

Phuket tourism to improve from ASEAN meetings

PHUKET, July 19 (TNA) — Tourism in Thailand’s southern resort of Phuket is expected to become bullish again due to the confidence gained by foreign tourists following the ongoing meetings…