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Moody’s assigns Prime-1 ratings to Citibank N.A. (Sydney Branch)’s US$1bln

Sydney, July 03, 2009 -- Moody's Investors Service has assigned Prime-1 ratings to Citibank N.A. (Sydney Branch)'s US$1billion Commercial Paper and Certificate of Deposit programme. The programme may issue either…

Thai and Cambodian armies to withdraw excess troops from border

BANGKOK, 3 July 2009 (NNT) – Thailand and Cambodia will today reduce the number of troops stationed along the Preah Vihear Temple to ease tensions that have been building for…

Rice production focus as Thai PM visits Vietnam next week

BANGKOK, July 3 (TNA) – Thai Prime Minister Abhisit Vejjajiva will pay a one-day official visit to Vietnam on July 10 to strengthen bilateral relations between the two nations, particularly…

Korean business views Thailand as investment magnet

SEOUL, July 3 (TNA) – Leading South Korean businesspersons view Thailand as an attractive investment spot, and some plan to shift their production bases into the country, according to Industry…

Thai Baht opens at 34.13-34.15 against the dollar

BANGKOK, 3 July 2009 (NNT) – Thai local currency opened at 34.13-34.15 against the dollar, weaker than yesterday. The Baht traded slightly stronger at 9.24 am today to stand in…

PM to visit Vietnam on 10 July

BANGKOK, 2 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva is scheduled to pay a one-day official visit to Vietnam on 10 July 2009 in order to strengthen bilateral relations…

Highlights of 42nd AMM, PMC, 16th ARF rev

BANGKOK, 2 July 2009 (NNT) – Highlights of the coming three important meetings, including the 42nd ASEAN Ministerial Meeting (42nd AMM), the Post Ministerial Conferences (PMC) and the 16th ASEAN…

Tourism operators say business worsens this year

BANGKOK, July 1 (TNA) – The global economic slowdown coupled with domestic political problems and the spread of the Influenza A (H1N1) have further depressed Thailand’s tourism business this year,…

Thai economy to recover in Q4

BANGKOK, 2 July 2009 (NNT) – Deputy Prime Minister for Economic Affairs Korbsak Sabhavasu assured that Thai economic figures will turn to the positive in the fourth quarter of 2009.…

Moody’s affirms Shinsei Bank’s A3 rating with negative outlook

Tokyo, July 02, 2009 -- Moody's Investors Service has affirmed Shinsei Bank, Limited (Shinsei)'s ratings, while the ratings outlook remains negative. The ratings affected are its D+ bank financial strength…