Economy

Current economic uptrend as a result of higher employment rate in Q1

By k on March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thailand sees an economic uptrend due to higher employment rates in the first quarter of this year.
Speaking in his weekly talk show, “Confidence with Thailand with Prime Minister Abhisit”, the Prime Minister stated that the rate of employment during this period was on the rise or higher, compared to [...]

Commerce Ministry urges continued production during rally

By k on March 12, 2010

BANGKOK, 12 March 2010 (NNT) – The Commerce Ministry requests department stores and manufacturers of goods to make sure that there will be no shortages of products during the period of protests of the anti-government group.
After meeting with representatives of 40 department stores and manufacturers, Department of Trade Negotiation Director-General Chutima Boonyaprapat advised them to [...]

TCC urged Govt to maintain economic recovery

By k on March 11, 2010

BANGKOK, 11 March 2010 (NNT) – The Thai Chamber of Commerce presented five key economic issues for government’s consideration in hope that they could help sustain the country’s currently fragile economic recovery.

TCC’s Vice Chairman Pongsak Assakul suggested that the most important issue to ensure the constant economic recovery was politics since it was unpredictable and [...]

4 Map Ta Phut projects resume work

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Office of Natural Resources and Environmental Policy and Planning (ONEP) has resolved to permit the construction of four more Map Ta Phut industrial projects, previously suspended by the court’s injunction.
Mr Sorayud Petchtrakul, Assistant to the Industry Minister and Chairman of committee in charge of seeking solutions to Map [...]

Thailand and USA join hands to solve trade barriers

By k on March 9, 2010

BANGKOK, 9 March 2010 (NNT) – Thailand and the United State held a discussion to reduce trade barriers of the two countries.
The Deputy Permanent Secretary for Agriculture and Cooperatives had a meeting with the US Agriculture Ministry Executive on the import-export of fruits between the two countries.
Both countries agreed to apply the academic information for [...]

FTA condition to be revised to minimize loss on Thailand

By k on March 8, 2010

BANGKOK, 8 March 2010 (NNT) – The council of economic ministers is revising the conditions of the free trade agreements (FTA) already committed with 12 partner countries, to ensure maximum benefits for Thailand.
President of Thailand Trade Representative, Mr Kiat Sittheeamorn, revealed that the economic ministers are looking into all FTA terms, especially those made with [...]

SET Index likely to fluctuate next week

By k on March 7, 2010

BANGKOK, 7 March 2010 (NNT) – The Stock Exchange of Thailand (SET) composite index from 8-12 November 2009 is expected to fluctuate, according to the Kasikorn Research Center (KResearch).
KResearch reported that the fluctuation would be mainly caused by concerns of investors over the ongoing domestic political uncertainty. However, the national stock market might not be [...]

Japan may import poultry from Thailand again

By k on March 6, 2010

BANGKOK, 6 March 2010 (NNT) – Minister of Agriculture and Cooperatives, Theera Wongsamut, asks the Japanese government to consider re-importing poultry from Thailand after the country has been clear of avian flu for over a year.
During a recent visit to Japan, Mr Theera met with Japanese Minister of Agriculture and Fishery, Hirotaka Akamatsu. The two [...]

Low disbursement rate hinders economic expansion

By k on March 5, 2010

BANGKOK, 5 March 2010 (NNT) - The low disbursement rate has been cited as the main factor hindering economic expansion.
Deputy Prime Minister in charge of economic policy, Trairong Suwannakhiri, said the Thai economy would gradually improve in the form of a “Pipe Shape” rather than “V Shape” as the nation still relied on partner countries [...]

Public debt stands at 43.85% of GDP

By k on March 4, 2010

BANGKOK, 4 March 2010 (NNT) - The country’s public debt as of the end of December 2009 stood at 3.96 trillion THB or 43.85% of the GDP, according to the latest report by the Public Debt Management Office.
Out of the total public debt as of the end of December last year, Mr Chakkrit Parapunthakul, Deputy [...]

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