economic

Economic sustainability projects prioritizes transparency

By k on February 14, 2010

BANGKOK, 14 February 2010 (NNT) – The committee on sustainable economic development projects have appointed a sub-committee to ensure transparency and seek progress on the development of each community member throughout the country. Mr Meechai Viravaidya, Founder and Chairman of the Population and Community Development Association (PDA), disclosed that the budget proposed on 31 January, [...]

Govt. to announce its performances on 6 August

By k on August 3, 2009

BANGKOK, 18 August 2009 (NNT) – Minister to the Prime Minister’s office Satit Wonghnongtaey indicated that the government would report on its accomplishments and performances during its six months in power on 6 August. Mr. Satit said Prime Minister Abhisit Vejjajiva would be the person who would present the statement. The exact time and other [...]

Banks advised to exercise business lending based on economic situation

By k on July 26, 2009

BANGKOK, 26 July 2009 (NNT) – The Director of the Center for Economic and Business Forecasting (CEBF), at the Thai Chamber of Commerce University Mr. Thanavath Phonvichai, recommended seven financial institutions to base their business lending on real demands of economic situations. Mr. Thanavath said he agreed with the government in extending the loan lending [...]

ASEAN to confer on human rights, economic cooperation, virus

By k on July 19, 2009

PHUKET, 19 July 2009 (NNT) – ASEAN Foreign Ministers have voiced agreement towards the final draft of the Terms of Reference (ToR) of the ASEAN Human Rights Body after the Meeting with the High Level Panel (HLP) on the ASEAN Human Rights Body and the High Level Legal Experts Group (HLEG) on the ASEAN Charter [...]

New economic stimulus package to boost economy in 2010-2012

By k on July 4, 2009

BANGKOK, July 4 (TNA) – The government’s second phase economic stimulus measures under “Thai Khem Khang” or “Stronger Thai 2012” project will help boost the country’s annual economic growth of 1-2.5 per cent during 2010-2012, according to a leading securities analyst. However, implementation of the measures will raise the public debt to 60 per cent [...]

BoT: Economic trends to improve; Business confidence index to rise

By k on June 30, 2009

BANGKOK, June 30 (TNA) – Thailand’s economy is expected to have hit bottom and the business confidence index is projected to increase to 50.2 in the next three months, its first rise in 15 months, a senior Bank of Thailand (BoT) official said on Tuesday.   Amara Sriphayak, senior director of the BoT Domestic Economy [...]

PM: Ready to resign after solving political, economic problems

By k on June 22, 2009

SINGAPORE, June 22 (TNA) – Visiting Thai Prime Minister Abhisit Vejjajiva said on Monday he is willing to step down after solving political turbulence and economic problems in the country and completing his chairmanship of the Association of Southeast Asian Nations (ASEAN).   Speaking to business executives during his one-day official visit to the island [...]

Tourism sector apt to bear brunt of crisis

By k on June 19, 2009

BANGKOK, June 19 (TNA) – Thailand’s tourism sector is expected to bear the major negative impact of the current economic crisis given the internal and external risk factors the country is now experiencing, according to a leading economist. Speaking at a seminar on “Navigate Crisis, Adjust to Fight Global Economic Meltdown,” Siam Commercial Bank Executive [...]

Thai Baht closes at 34.18-34.21 against the greenback

By k on June 15, 2009

BANGKOK, 15 June 2009 (NNT) – The Thai baht closed at 34.18-34.21 against the US dollar after the market ended this afternoon. The value of Thai baht fluctuated in a narrow range all day, and hit the highest at 34.13 and the lowest at 34.22 against the dollar. Thai Baht in off-shore market closed at [...]

Korn: Spread of A (H1N1) virus will not affect national economy

By k on June 13, 2009

BANGKOK, 12 June 2009 (NNT) – Finance Minister Korn Chatikavanij assured that the spread of the pandemic influenza A (H1N1) would not have an impact on the Thai economy. Mr. Korn believed that the national economic situation would not be affected by the spread of the virus, reasoning that the Ministry of Public Health had [...]

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