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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 [...]
Thai authorities sent to examine Thai rice on sale in China
By k on August 13, 2009
BANGKOK, 13 August 2009 (NNT) – The authorities of the Ministry of Commerce have gone to China during 12 to 15 August to probe the complaints that Thai jasmine rice in the country was substandard and the quality guarantee logo on the rice bags was a forged version.
Following the complaints on the Thai Jasmine rice [...]
Thailand-Guangdong committee aims at boosting trade
By k on June 27, 2009
GUANGZHOU, June 27 (TNA) - Visiting Thai Prime Minister Abhisit Vejjajiva on Saturday expressed satisfaction over rising exports of Thai fruits to China’s Guangdong province, saying that a Thai-Guangdong committee will be established to boost trade, investment and tourism between both sides.
Concluding his four-day official visit to China, Mr. Abhisit said he is happy to [...]
Thailand and China to sign agreement to expand cooperation on various aspects
By k on June 19, 2009
BANGKOK, 19 June 2009 (NNT) - The Thai and Chinese Governments will sign an agreement to expand bilateral cooperation on economy and trade during the trip of Thai delegates to China on June 24, according to the Director General of the Department of Trade Negotiations Nanthawan Sakuntanak.
The pact will be signed by Thailand’s Minister of [...]
US urges Europe, China to step up Afghan help
By k on May 30, 2009
SINGAPORE - U.S. Defense Secretary Robert Gates urged Europe and China to step up their involvement in rebuilding Afghanistan, saying Saturday that America alone cannot put the conflict-ridden nation back on its feet while mired in a fight against the Taliban.
Gates said he has been tougher on the Europeans than countries in Asia in demanding [...]
Moody’s says new investment rules a big step for China insurers
By k on May 26, 2009
Hong Kong, May 26, 2009 — Moody’s Investors Service says — in a new
report — that an amendment to China’s Insurance Law, allowing insurers
to invest in new asset classes, will be central to helping them improve
long-term asset-liability management.
China Tells Rich Nations To Cut Emissions By 40 Percent
By k on May 25, 2009
BEIJING - Rich nations should cut their greenhouse gas emissions by at least 40 percent by 2020 from 1990 levels as part of a new global climate change pact, China said on Thursday, spelling out its stance ahead of negotiations.
Asia Construction Frenzy Needs Green Injection
By k on May 25, 2009
TAIPEI - Powered by solar energy generated on its roof, Taipei 101, the world’s tallest completed building, is not only a leader for its breathtaking height but also for its eco-friendly features.
Business News »
Business community disagrees with House dissolution
March 16, 2010
BANGKOK, Mar 16 (TNA) – Most Thai businesspeople disagree with the call by the Red Shirt movement to dissolve the House because it will negatively affect the overall economy, according to Thai Chamber of Commerce Deputy Secretary-General Pornsilp Patcharintanakul.
Should the House be dissolved, he said, it would take at least six months to put the [...]
Bank And Finance »
Additional banks declared closed during UDD rally
March 15, 2010
BANGKOK, 14 March 2010 (NNT) - Commercial banks have requested temporary suspension of their operations at 17 branches located in Bangkok from 15 March onwards owing to the mass rally of the anti-government United Front for Democracy against Dictatorship (UDD), according to the Bank of Thailand.
Krung Thai Bank is closing its branches located on Ratchadamnoen [...]
General News »
Red Shirts collecting blood from volunteers, target one million cc
March 16, 2010
BANGKOK, March 16 (TNA) - Thai anti-government demonstrators on Tuesday began collecting blood from volunteers, targeting a goal of one million cc before pouring it at all gates of Government House as part of their plan to intensify their campaign to bring down the administration of Prime Minister Abhisit Vejjajiva after he rejected their demand [...]
Economy »
Baht likely stand around 32.50-33.00 THB/USD
March 16, 2010
BANGKOK, 16 March 2010 (NNT) – The Thai baht is expected to move in the range of 32.50-33.00 THB to the US dollar this week, according to the Kasikorn Research Center (KResearch).
The movement of the Thai currency is expected to be influenced by the ongoing rallies of the United Front of Democracy Against Dictatorship (UDD), [...]
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 »
Lack of quorum causes postponement of joint parliamentary sitting
March 16, 2010
BANGKOK, 16 March 2010 (NNT) - Only 80 out of 625 Parliament members signed up for the joint parliamentary meeting this morning, causing Parliament President Chai Chidchob to order definite postponement of the meeting due to lack of quorum.
Mr Chai said the meeting was earlier scheduled because a backlog of draft laws were awaiting parliament’s [...]