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Violence erupts after red-shirt leaders surrender

By k on May 19, 2010

Violence erupted at several locations in Bangkok after some red-shirt leaders turned themselves in to police on Wednesday afternoon. Several red-shirt leaders including Natthawut Saikua, Jatuporn Prompan, Kwanchai Praipana, Nisit Sintuprai, Yoswarit Chuklom and Whiphutalaeng Pattanaphuthai were seen surrendering to police at the Royal Thai Police headquarters at about 1.30pm. But three other leaders — [...]


Curfew in the capital, provinces

By k on May 19, 2010

The Centre for the Resolution of Emergency Situation (CRES) has announced curfew in Bangkok, nearby cities and provinces in the North and Northeast earlier placed under emergency law, televisions reported on Wednesday afternoon. Under the declared curfew, the people in restricted provinces are not allowed to leave their homes from 8pm today to 6am on [...]


Govt to cut levy to Oil Fund next week thumbnail

Govt to cut levy to Oil Fund next week

By k on August 9, 2009

BANGKOK, 9 August 2009 (NNT) – Speaking on his weekly talk show,” Confidence in Thailand with Prime Minister Abhisit, the Prime Minister states that the government will reduce the levy to the Oil Fund to peg diesel price next week. Prime Minister Abhisit Vejjajiva said the government would come up with measures to prevent the [...]


Domestic gold ornaments price at Bt15,750/gold baht thumbnail

Domestic gold ornaments price at Bt15,750/gold baht

By k on August 8, 2009

BANGKOK, 8 August 2009 (NNT) – The domestic price of gold ornaments is today traded at 15,023.56 baht per gold baht (15.2 grams) and sold at 15,750 baht per gold baht. Chairman of Gold Traders Association Jitti Tungsitpakdee has announced the domestic gold prices for 8 August. Gold bars were quoted at 15,250 to 15,350 [...]


PM Abhisit urges Thais to be active in learning, accessing information thumbnail

PM Abhisit urges Thais to be active in learning, accessing information

By k on August 8, 2009

BANGKOK, Aug 8 (TNA) – Prime Minister Abhisit Vejjajiva on Friday urged the Thai people to be active to learn, access information, reform themselves, and wipe out corruption in order to help develop the country. Delivering a lecture on “Thailand Climbs Up” to top officials of the Office of the Civil Service Commission, he said [...]


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 [...]


PM to meet with US Secretary of State this evening thumbnail

PM to meet with US Secretary of State this evening

By k on July 21, 2009

BANGKOK, 21 July 2009 (NNT) – The Prime Minister will today attend a much anticipated Cabinet meeting before meeting with US Secretary of State Hillary Clinton. Prime Minister, Abhisit Vejjajiva, this morning met with the ambassadors to Thailand of Australia and Switzerland who have both ended their stay of duty. He is scheduled to chair [...]


Poll: Majority favors daily update on influenza A (H1N1) thumbnail

Poll: Majority favors daily update on influenza A (H1N1)

By k on July 20, 2009

BANGKOK, 20 July 2009 (NNT) – A recent opinion survey by Suan Dusit Rajabhat University indicated that the majority of the public wanted the government to issue daily updates on the A (H1N1) situation. The latest Suan Dusit Poll was conducted among people in Bangkok and other provinces on 20 July 2009 on how to [...]


New savings bonds won’t affect liquidity, says BoT thumbnail

New savings bonds won’t affect liquidity, says BoT

By k on June 29, 2009

BANGKOK, June 27 (TNA) – The government’s plan to issue its first batch of savings bonds – an issue valued at Bt 50 billion — will neither fuel rising interest rates nor affect the liquidity in the system very much, according to the Bank of Thailand (BoT). BoT Deputy Governor Atchana Waiquamdee said the issuance [...]


Weekend anti-government rally won’t impact stocks thumbnail

Weekend anti-government rally won’t impact stocks

By k on June 27, 2009

BANGKOK, June 27 (TNA) – The planned mass anti-government rally by the United Front for Democracy against Dictatorship (Red Shirts) protesters over this weekend will have little impact on investment in the Stock Exchange of Thailand (SET), according to top securities executives. Tisco Securities President and CEO Paiboon Nalinthrangkurn said the exchange’s depression was caused [...]


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Business News »

Loan clients urged to be well-prepared for higher finance costs

July 16, 2010

Loan clients urged to be well-prepared for higher finance costs thumbnail

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

Summary of the 9th APEC Energy Meeting thumbnail

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

Moody´s chops down PTT´s credit thumbnail

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 [...]