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ASEAN+3 economic ministers agree to start FTA feasibility study soon

By k on August 16, 2009

BANGKOK, 15 August 2009 (NNT) - ASEAN+3 economic ministers today agreed to mutually conduct a feasibility study on the free trade agreement (FTA) soon in the hope of pushing member countries’ gross domestic product (GDP) up by 1.2 percent.

Commerce Minister Porntiva Nakasai revealed ASEAN economic ministers and their counterparts from China, Japan and South Korea [...]


China, ASEAN sign investment accord thumbnail

China, ASEAN sign investment accord

By k on August 15, 2009

BANGKOK, Aug 15 (TNA) – China, which now enjoys the highest growth in Asia and is the world’s third largest economy, signed an investment agreement Saturday with the 10-member Association of Southeast Asian Nations (ASEAN) here, Thai Commerce Minister Pornthiva Nakasai said.
The agreement was signed during the 41st ASEAN Economic Ministers Meeting (AEM) held in [...]


Prime Minister visits the Philippines thumbnail

Prime Minister visits the Philippines

By k on August 14, 2009

BANGKOK, Aug 14 (TNA) - Thai Prime Minister Abhisit Vejjajiva left Bangkok on Friday morning on a one-day official visit to the Philippines to strengthen bilateral relations and multi-lateral cooperation including those in the context of the Association of Southeast Asian Nations (ASEAN).

Thailand and the Philippines were among the five founding members of the grouping [...]


The Association of Southeast Asian Nations (ASEAN) and India have signed a long-awaited free trade agreemen thumbnail

The Association of Southeast Asian Nations (ASEAN) and India have signed a long-awaited free trade agreemen

By k on August 13, 2009

BANGKOK, Aug 13 (TNA) - The Association of Southeast Asian Nations (ASEAN) and India have signed a long-awaited free trade agreement (FTA) which would take effect next year and increase trade between ASEAN and India to US$60 billion within seven years, according to Thai Commerce Minister Pornthiva Nakasai.
Under the agreement, ASEAN members and India will [...]


Myanmar may have to leave ASEAN if it has nuclear plant thumbnail

Myanmar may have to leave ASEAN if it has nuclear plant

By k on August 9, 2009

JAKARTA, Indonesia, Aug 8 (TNA) — Myanmar may be forced to abandon its Association of Southeast Asian Nations (ASEAN) membership if it is found to have a nuclear reactor in the country, ASEAN Secretary-General Surin Pitsuwan said on Saturday.
So far there is no clear evidence that the Southeast Asian country, Thailand’s neighbour to the west, [...]


Academics : ASEAN talk to restore the country’s positive image thumbnail

Academics : ASEAN talk to restore the country’s positive image

By k on July 24, 2009

BANGKOK, 24 July 2009 (NNT) – An academic believed that the success of Thailand in organizing the ASEAN Foreign Ministers Meeting (AMM) could reconstruct the confidence of the international community to the Country.
Professor Doctor Sombat Thamrongtanyawong, the President of the National Institution of Development Administration (NIDA), stated that Thailand’s ability to host the AMM and [...]


US presses North Korea; Pyongyang rejects six-party talks thumbnail

US presses North Korea; Pyongyang rejects six-party talks

By k on July 24, 2009

PHUKET, July 23 (TNA) - The United States and North Korea faced off in competing press conferences as the Phuket ASEAN meetings wound to a close, with warnings and recriminations cast in both directions.
Earlier intended arrangements to share the same venue to meet the press in end-to-end time slots and schedule delays and overruns, led [...]


Clinton asserts US values importance of ASEAN thumbnail

Clinton asserts US values importance of ASEAN

By k on July 23, 2009

PHUKET, July 23 (TNA) - US Secretary of State Hillary Clinton on Wednesday asserted that the United States has valued the importance of the Southeast Asian region and is ready to strengthen its cooperation with the countries of this region.
Meanwhile, she praised the Association of South East Asian Nations (ASEAN) for its effort to protect [...]


ASEAN to jointly monitor political situation in Myanmar thumbnail

ASEAN to jointly monitor political situation in Myanmar

By k on July 20, 2009

BANGKOK, 20 July 2009 (NNT) - The Prime Minister indicated that all ASEAN members would jointly follow up the political situation of Myanmar while expressing no concerns over the nation’s possible alliance with North Korea.
After chairing the opening ceremony of the 42nd ASEAN Foreign Ministers’ Meeting (AMM), Prime Minister Abhisit Vejjajiva told the press that [...]


Thailand not to boycott Myanmar thumbnail

Thailand not to boycott Myanmar

By k on July 19, 2009

BANGKOK, 19 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva said Thailand had a clear stance towards the human rights issue in Myanmar, affirming that Thailand would never support a boycott of the neighboring nation.
Prime Minister Abhisit stated during his weekly television program ‘Confidence in Thailand with Prime Minister Abhisit’ that the human rights controversy [...]


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Business News »

New trading policy to boost number of Japanese investors

March 12, 2010

BANGKOK, 12 March 2010 (NNT) - Japanese investors will likely pay attention to the new trading policy rather than political problems.
According to Finance Minister Korn Chatikavanich, current political problem would not hurt investor confidence and would not raise any concerns during his trip to Japan on 12-13 March. Japanese investors would rather be attentive to [...]

Bank And Finance »

Security, cash reserves of banks well-prepared

March 12, 2010

BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).
Kasikorn Bank CEO Banthoon Lamsam stated that cash withdrawal of customers at present was normal, and the bank would not increase the amount of cash reserves [...]

General News »

Govt, UDD urged for endurance, mutual responsibility

March 12, 2010

BANGKOK, 12 March 2010 (NNT) – The Psychiatric Association of Thailand (PAT) has pleaded both the government and the United Front of Democracy Against Dictatorship (UDD) to uphold endurance and mutual responsibility to refrain from violence.
PAT President MD Yongyud Wongpiromsarn stated that both the UDD and the government must uphold tolerance and mutual responsibility without [...]

Economy »

Commerce Ministry urges continued production during rally

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 [...]

Energy »

More energy needed: more solutions wanted

March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy [...]

Politics »

Security tightened, checkpoints scan for weapons as Red Shirts nationwide set to enter Bangkok

March 12, 2010

Security tightened, checkpoints scan for weapons as Red Shirts nationwide set to enter Bangkok thumbnail

BANGKOK, March 12 (TNA) - Thai government security forces on Friday tightened protective measures in Bangkok with checkpoints set up across the capital and surrounding provinces to strictly screen incoming travellers and transport for arms and explosives as the anti-government movement mobilises what it claims as one million protesters to join their mass protest planned [...]