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Commerce Ministry assures price guarantee project will not affect market prices

BANGKOK, 8 August 2009 (NNT) – The Commerce Ministry has assured that its agricultural product price guarantee project will not result in lowered market prices. Director-General of the Department of…

BOI gives grim report of Thai situation, employment down 53.5%

BANGKOK, 7 August 2009 (NNT) – Thailand’s Board of Investment (BOI) has reported that employment in the country dropped by a staggering 53.5% in the first 7 months of the…

Suvarnabhumi Airport Link likely to begin service as scheduled, says SRT chief

BANGKOK, Aug 6 (TNA) – The Airport Rail Link project, providing direct rail service to and from Suvarnabhumi Airport, is expected to be completely implemented and open for service as…

Sopon: THAI likely to lose Bt2 bln in profit in Q2

BANGKOK, 5 August 2009 (NNT) – Transport Minister, Sopon Zarum, said Thai Airways International (THAI) was likely to lose 2 billion baht in profit in the second quarter of 2009…

Commerce Ministry: Inflation contracts for 7th consecutive months

BANGKOK, 3 August 2009 (NNT) – Thailand’s inflation rate in July contracted by 4.4 percent, compared with the same period last year. Permanent Secretary for Commerce Siripol Yodmuangcharoen said the…

Govt determined to solved economic problems

SURAT THANI, 2 August 2009 (NNT) – Minister to the Prime Minister’s Office Satit Wonghnongtaey assured that the government’s main target was to solve the country’s economic problems and eliminate…

Airbus aircraft handed over to THAI Airways

TOULOUSE, July 31 (TNA) – An Airbus A330-300 handed over to Thai Airways International (THAI) on Thursday at a ceremony in the French city of Toulouse has arrived in Thailand’s Suvarnabhumi…

Rice price in Govt´s guarantee scheme concluded

BANGKOK, 30 July 2009 (NNT) – The National Rice Committee has set the price and quantity for the rice price guarantee scheme and has approved seven measures to help stabilize…

Thailand should reduce reliance on exports, says banker

BANGKOK, July 30 (TNA) – Thailand should reduce its reliance on exports for economic growth since the export sector will continue to take the brunt of the global economic meltdown,…

Thai Baht gets stronger due to surplus balance of trade

BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency.…