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PM Abhisit meets US investors; says Thai economy passes lowest point thumbnail

PM Abhisit meets US investors; says Thai economy passes lowest point

By k on September 22, 2009

NEW YORK, Sept 22 (TNA) – Prime Minister Abhisit Vejjajiva met US investors during his one-week trip to the US, saying the Thai economy has been through the lowest point and is recovering in the long term plan.

Arriving in New York for the 64th Session of the UN General Assembly and the G20 Summit in [...]


Small investors leave province; buses stop running :Yala

By k on June 14, 2009

YALA, June 14 (TNA) - Small investors in the troubled southern province of Yala have already exited the province because of frequent attacks carried out by insurgents while buses in the provincial seat have stopped services for an indefinite period after Saturday’s incident in which a passenger was killed and 14 others wounded.
A Senate committee [...]


Moody’s updates profiles of Japanese CMBS loans

By k on May 26, 2009

Tokyo, May 26, 2009 — Moody’s Investors Service has released a report
entitled,”Profile of Japan CMBS Loans: Updated as of End-March 2009.”


Moody’s affirms CCT’s Baa2 ratings; outlook negative

By k on May 26, 2009

Singapore, May 26, 2009 — Moody’s Investors Service has today affirmed
CapitaCommerical Trust’s (CCT) Baa2 corporate family and Baa3 senior
unsecured debt ratings. The outlook on the ratings is negative.


Business News »

Consumer confidence plunges first time in 4 months

March 11, 2010

BANGKOK, 11 March 2010 (NNT) – February’s consumer confidence index stands at 78.4% which declined for the first time since November last year, according to the University of Thai Chamber of Commerce (UTCC).
UTCC Vice Rector for research affairs, Saowanee Thairungroj, said the consumer confidence has been moving under the 100 mark for 67 consecutive months [...]

Bank And Finance »

Bangkok Bank foresees 4-5% econ expansion

March 11, 2010

BANGKOK, 11 March 2010 (NNT) – Bangkok Bank says the Thai economy is likely to expand by 4-5% due to recovery, asking the Bank of Thailand (BoT) to adjust the policy interest rate in line with the national economy.
Speaking about the direction of the Thai economy this year, Bangkok Bank President Chatsiri Sophonpanich forecast that [...]

General News »

CCTV fully functioned for the UDD´s movement

March 11, 2010

BANGKOK, 11 March 2010 (NNT) - Deputy Governor of Bangkok Metropolitan Administration, Theerachon Manomaipiboon had ensured readiness of CCTV to handle security in Bangkok.
Two thousand of closed-circuit televisions (CCTV) were installed throughout Bangkok to monitor the movement of anti government protesters of the National United Front of Democracy Against Dictatorship (UDD).
Additional 200 cameras provided by [...]

Economy »

TCC urged Govt to maintain economic recovery

March 11, 2010

BANGKOK, 11 March 2010 (NNT) – The Thai Chamber of Commerce presented five key economic issues for government’s consideration in hope that they could help sustain the country’s currently fragile economic recovery.
TCC’s Vice Chairman Pongsak Assakul suggested that the most important issue to ensure the constant economic recovery was politics since it was unpredictable and [...]

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 »

PM Abhisit: Can dissolve House, resign, if it could improve situation

March 11, 2010

BANGKOK, March 11 (TNA) - Thai Prime Minister Abhisit Vejjajiva pledged Thursday that he is ready to resign or dissolve the parliament if this can solve the country’s political conflict, but the anti-government Red Shirt movement vowed to mobilise its supporters to the capital insisting that they will penetrate what they describe as a government [...]