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asean
ASEAN concerned about Thailand’s crisis
By k on May 22, 2010
BANGKOK, 22 May 2010 (NNT) – Members of ASEAN have voiced their concerns over the political violence in Thailand, which may affect the roadmap for the establishment of the ASEAN Community by 2015. A recent statement issued by ASEAN mentions that peace, stability and the development of Thailand are crucial for driving the region towards [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]