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Politics
Govt to implement assistance measures to rice farmers
By k on June 20, 2010
BANGKOK, 20 June 2010 (NNT) – The government is preparing to formulate assistance measures to help farmers due to a delay of the sowing of in-season rice in the wake of the lack of water supplies, according to Prime Minister Abhisit Vejjajiva. Speaking on his weekly talk show on Sunday, “Confidence in Thailand with PM [...]
Kanit to meet UNDP representatives on 29 June
By k on June 19, 2010
BANGKOK, 19 June 2010 (NNT) – Former Attorney General Kanit Na Nakorn is scheduled to meet representatives from United Nations Development Programme (UNDP) on 29 June 2010 in order to clarify transparency in probing recent political violence. Democrat Party Spokesperson Buranat Samutarak disclosed the party’s support to public suggestions toward the Prime Minister’s five-point national [...]
CRES to query 83 suspects for irregular financial movements
By k on June 18, 2010
BANGKOK, 18 June 2010 (NNT) – The Center for the Resolution for Emergency Situation (CRES) will summon 83 individuals and firms allegedly providing financial supports to illegal activities of the United Front of Democracy Against Dictatorship (UDD) during its recent protest. CRES Spokesperson and Army Spokesperson, Colonel Sansern Kaewkamnerd, stated that the CRES meeting on [...]
Democracy in Thailand ready for substantial reform
By k on June 17, 2010
BANGKOK, 17 June 2010 (NNT) – Prime Minister Abhisit Vejjajiva on Thursday presided over the first committee meeting for a review of the constitution. Speaking after attending the meeting, the committee chairperson Sombat Thamrongtanyawong said a consent was reached for the committee to probe six-point proposals made by a reconciliation committee independently. They are asked [...]
Thai public prosecutors defer decision on PAD case again
By k on June 16, 2010
BANGKOK, June 17 (TNA) – Thailand’s Office of the Attorney-General (OAG) postponed deciding whether to indict nine leaders of the People’s Alliance for Democracy (PAD), the ‘Yellow Shirts’, for seizing Government House in 2008, pending further investigation. The decision has been re-scheduled to be announced on August 4 at 10am. The Attorney General’s Office said [...]
Gen Sonthi backs purchase of Thaicom
By k on June 15, 2010
BANGKOK, 15 June 2010 (NNT) – Leader of the Matubhum Party General Sonthi Boonyaratkalin has agreed with the government’s plan to buy back Thaicom Satellite from Temasek Holdings for national security. General Sonthi, also former Army Chief and former Chairman of the Council for National Security (CNS), expressed his strong support for the planned repurchase [...]
Thailand seeks to buy Thaicom from Singapore’s Temasek
By k on June 14, 2010
BANGKOK, June 14 (TNA) – Prime Minister Abhisit Vejjajiva on Monday said that Thailand’s Ministry of Finance is seeking to buy the Thaicom satellite back from Singapore-based Temasek Holdings, citing national security concerns. The premier however said the purchase of Thaicom satellite is highly possible and that will be made in a logical and transparent [...]
PM denies conflict of interest, reconciling with terrorists under reconciliation plan
By k on June 13, 2010
BANGKOK, 13 June 2010 (NNT) – Prime Minister Abhisit Vejjajiva has dismissed allegations over the government’s plan to reconcile with the terrorists and act unethically. Speaking on his weekly talk show on Sunday, ” Confidence in Thailand with PM Abhisit”, the Prime Minister was responding to the recent criticism over the government’s reconciliation plan by [...]
Chart Thai Pattana urges fact-finding panel to restore its image
By k on June 11, 2010
BANGKOK, 11 June 2010 (NNT) – The coalition Chart Thai Pattana Party has urged the independent fact-finding panel on political violence chaired by former Attorney-General, Kanit Na Nakorn, to clear its negative image and gain acceptance from all sides. Chart Thai Pattana Spokesperson, Watchara Kannikar, admitted that the recent appointment of Mr Kanit as the [...]
Reconciliation road map to be complete by year end, urge all Thais to participate
By k on June 10, 2010
BANGKOK, June 10 (TNA) – Urging all Thais to join his reform efforts, Thailand’s Prime Minister Abhisit Vejjajiva on Thursday said the national reconciliation road map will be complete by the year end as a New Year’s gift to the Thai people. In a nationally televised address, the prime minister said everyone was deeply hurt [...]
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 [...]