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Investors understand Thai political situation
By k on March 17, 2010
BANGKOK, 17 March 2010 (NNT) – Investors understand the political situation in Thailand, says the Board of Investment (BoI). BoI Secretary General Atchaka Sibunruang stated that there were some investors asking about the situation, but most seemed unconcerned. She is confident that if there is no violence, there will be no impact on the overall [...]
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 [...]
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 [...]
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 »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010
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
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
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 [...]