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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, would [...]
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 ministers [...]
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 target [...]
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 of [...]
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 Department, said [...]
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 nation, Mr. [...]
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 Vice [...]
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 34.08 [...]
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 been [...]
Business News »
New trading policy to boost number of Japanese investors
March 12, 2010
BANGKOK, 12 March 2010 (NNT) - Japanese investors will likely pay attention to the new trading policy rather than political problems.
According to Finance Minister Korn Chatikavanich, current political problem would not hurt investor confidence and would not raise any concerns during his trip to Japan on 12-13 March. Japanese investors would rather be attentive to [...]
Bank And Finance »
Security, cash reserves of banks well-prepared
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).
Kasikorn Bank CEO Banthoon Lamsam stated that cash withdrawal of customers at present was normal, and the bank would not increase the amount of cash reserves [...]
General News »
Govt, UDD urged for endurance, mutual responsibility
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – The Psychiatric Association of Thailand (PAT) has pleaded both the government and the United Front of Democracy Against Dictatorship (UDD) to uphold endurance and mutual responsibility to refrain from violence.
PAT President MD Yongyud Wongpiromsarn stated that both the UDD and the government must uphold tolerance and mutual responsibility without [...]
Economy »
Commerce Ministry urges continued production during rally
March 12, 2010
BANGKOK, 12 March 2010 (NNT) – The Commerce Ministry requests department stores and manufacturers of goods to make sure that there will be no shortages of products during the period of protests of the anti-government group.
After meeting with representatives of 40 department stores and manufacturers, Department of Trade Negotiation Director-General Chutima Boonyaprapat advised them to [...]
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 »
Security tightened, checkpoints scan for weapons as Red Shirts nationwide set to enter Bangkok
March 12, 2010

BANGKOK, March 12 (TNA) - Thai government security forces on Friday tightened protective measures in Bangkok with checkpoints set up across the capital and surrounding provinces to strictly screen incoming travellers and transport for arms and explosives as the anti-government movement mobilises what it claims as one million protesters to join their mass protest planned [...]