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Trade promotion joins with China for more Thai export channels

By k on April 20, 2010

BANGKOK, April 20 (TNA) – Thailand’s Office of Small and Medium Enterprises Promotion (OSMEP) has signed an agreement with China’s Giyen Import & Export (Shanghai) to provide more marketing channels of Thai handiwork exports to China. OSMEP deputy director general Chawan Svasti-xuto said the organisation will promote this cooperation while at the same time will [...]


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 [...]


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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 [...]


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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 [...]


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 [...]


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 [...]


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.


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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 thumbnail

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 »

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 [...]