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General News
Summary of the 9th APEC Energy Meeting
By k on July 12, 2010
Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
PM unfazed by rumours of assassination attempt
By k on July 1, 2010
BANGKOK, July 1 – Thai Prime Minister Abhisit Vejjajiva said on Thursday that he is unfazed by rumours of a purported assassination attempt against him, but said that tightened security measures will be provided for the country’s key figures and that the state of emergency should remain in force in the capital. The prime minister [...]
Permanent free public transport to be decided by year-end
By k on June 30, 2010
BANGKOK, 30 June 2010 (NNT) – The Ministry of Finance expects to bring the final conclusion to the plan to provide free public transport permanently before the end of this year. As part of the government’s effort to alleviate low-income earners’ financial hardships, Finance Minister Korn Chatikavanij disclosed today that the ministry currently deemed the [...]
CRES to decide on Emergency Decree extension next week
By k on June 29, 2010
BANGKOK, 29 June 2010 (NNT) – The Center for the Resolution of Emergency Situation (CRES) will decide whether to revoke the state of emergency enforcement by 5 July 2010 ahead of Cabinet review on the matter. CRES and Army Spokesperson, Colonel Sansern Kaewkamnerd, admitted that the CRES has not concluded the decision at present. He [...]
Banharn urges speedy probe on Bhumjaithai bomb attack
By k on June 25, 2010
BANGKOK, 25 June 2010 (NNT) – Ex-Prime Minister and incumbent Chart Thai Pattana Party Chief Advisor Banharn Silapa-archa has urged relevant officials to hastily bring conclusion to the probe on the recent bomb attack near the Bhumjaithai Party Headquarters. Chart Thai Pattana Spokesperson Watchara Kannikar stated that Mr Banharn had voiced his concern about the [...]
New antioxidant, iron-rich rice strains developed
By k on June 24, 2010
BANGKOK, 24 June 2010 (NNT) – Researchers from the National Research Council of Thailand (NRCT) have successfully developed new rice strains which have the property to reduce free radicals and diabetes. NRCT Secretary General, MD Soottiporn Chittmittrapap, said the new rice strains, named Riceberry and Sinlek, contained very high nutrition. They are rich in iron, [...]
Bhumjaithai bombing to affect Emergency Decree decision
By k on June 23, 2010
BANGKOK, 23 June 2010 (NNT) – Defense Minister General Prawit Wongsuwan has voiced his confidence that the recent explosion in front of the coalition Bhumjaithai Party headquarters will affect the decision to cancel or extend the state of emergency imposition. Speaking about the bombing incident, the minister admitted that it would be used as one [...]
Govt to finalize Thaicom purchase within 2 weeks
By k on June 21, 2010
BANGKOK, 21 June 2010 (NNT) – The government will finalize the controversial attempt to purchase Thaicom Satellite back from Singaporean Temasek Holdings within two weeks, according to Information Communication Technology Minister Chuti Krairiksh. The minister believed that the government could finalize the concession and related issues to buy back the satellite within the next two [...]
Auto export soars by 135% in May
By k on June 19, 2010
BANGKOK, 19 June 2010 (NNT) – The auto export in May has grown 135% while the domestic sales have risen 53% as favored by the recovering economy, according to the latest report of the Federation of Thai Industries (FTI). Spokesperson of the FTI’s Automotive Industries Club Surapong Paisitpatanapong reported on the situation of the auto [...]
Export figure in May breaks new record in 22 months
By k on June 18, 2010
BANGKOK, 18 June 2010 (NNT) – The export figure in May expanded by 42.1% with the total value of 16.55 billion USD, the highest in 22 months. Minister of Commerce Pornthiva Nakasai attributed the significant increase of 42.1% in Thai exports to the recovery of the global economy. As for the export value in the [...]
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010

BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]
Bank And Finance »
Commercial banks announce hikes in interest rates on fixed deposits
July 16, 2010
BANGKOK, 16 July 2010 (NNT) —Interest rates on fixed deposits and lending rates have been hiked by financial institutions following the hike in the policy rate by the Central Bank. Krungthai Bank has announced its fixed deposit interest rate hike of 0.25-0.35%, while key lending rates would be increased by 0.125-0.15%, effective today. Siam Commercial [...]
General News »
Summary of the 9th APEC Energy Meeting
July 12, 2010

Thai delegates led by Minister of National Resources and Environment, Suwit Khunkitti, along with international counterparts from 20 countries attended the 9th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting in Fukui, Japan on 19 June 2010. During the summit, a speech on the “Low Carbon Paths to Energy Security: Cooperative Energy Solutions for a Sustainable [...]
Economy »
4 Govt agencies cooperate to promote Thai investment abroad
July 12, 2010
BANGKOK, 12 July 2010 (NNT) – The Office of Thailand Trade Representative (TTR) joins force with three financial institutions to promote Thai investments abroad, with operators in various business groups showing keen interest in the project. TTR along with SME Bank, EXIM Bank and the Government Pension Fund (GPF) announced their cooperation in credit support [...]
Energy »
Moody´s chops down PTT´s credit
June 29, 2010

BANGKOK, 29 June 2010 (NNT) – An international credit rating firm, Moody’s Investors Service, has lowered the creditworthiness of Thai petroleum giant PTT Plc from A2 to A3 with a negative outlook. Moody’s Investors Service has changed the local currency issuer rating for PTT Plc from A2 stable to A3 negative while the foreign currency [...]
Politics »
One month needed for Interpol consideration over Thaksin´s case
July 16, 2010
BANGKOK, 16 July 2010 (NNT) – A nod from the Paris-based international police intelligence-sharing association, Interpol, over case of self-exiled ex Prime Minister Thaksin Shinawatra should be known within one month. Police Maj-General Terdsak Rujirawong, Commander of the Royal Thai Police Foreign Affairs Division, said on Friday that an arrest warrant on terrorism charge issued [...]