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charnchai-chairungrueng
SME Bank increases maximum rate of loan for entrepreneurs
By k on July 26, 2009
BANGKOK, 26 July 2009 (NNT) – The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has resolved to raise the maximum rate of SME loans to 500 million baht to stimulate investments. Industry Minister Charnchai Chairungrueng stated that the Small and Medium Enterprises Development Bank of Thailand (SME Bank) Board had increased the [...]
Industry Ministry to promote Thai SMEs with over Bt300 million budget
By k on June 30, 2009
BANGKOK, 30 June 2009 (NNT) – The Ministry of Industry is prepared to invest about 300 million baht to develop Thai small and medium entrepreneurs (SMEs) ahead of the establishment of the ASEAN Community. As a preparation of Thai SMEs for the ASEAN Community in order to gain benefit in the next 6 years, Industry [...]
Thailand to open investment promotion office in Korea
By k on June 29, 2009
BANGKOK, June 28 (TNA) — Industry Minister Charnchai Chairungrueng leaves Tuesday for a five-day visit to persuade South Korean business interests to invest in Thailand, and to open a Board of Investment (BoI) office in Seoul, the South Korean capital. The BoI office in Seoul will be the 11th such office set up by the [...]
Thailand to import the Tata Nano from India
By k on June 4, 2009
MUMBAI, June 4 (TNA) — Visiting Thai Industry Minister Charnchai Chairungrueng said here on Thursday that Thailand is expected to import the price-competitive 650 cc Tata Nano brand manufactured by India’s Tata Motors soon. Accompanied by Atchaka Brimble, secretary-general of the Thai Board of Investment (BoI), and several leading Thai businessmen, Mr. Charnchai, who is leading [...]
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 [...]