korn-chatikavanij

Finance minister denies opposition’s allegation on stock manipulation

By k on June 17, 2010

BANGKOK, June 17 (TNA) – Finance Minister Korn Chatikavanij on Wednesday denied the opposition party’s indirect accusation he was manipulating Thaicom stock, saying he had never been involved with such illegal activity. Thailand’s opposition Pue Thai Party recently allegated that persons with first names beginning with an initial “Kor” and “Sor” had played a key [...]

Finance minister urges all parties to end any resort to violence

By k on February 16, 2010

BANGKOK, Feb 16 (TNA) – Finance Minister Korn Chatikavanij on Monday called on all parties involved in the recent spate of violence to end such activities, warning that the economy could be ruined if the violence continues unabated. Mr Korn said that should the persistent political conflict turn violent with more physical explosions taking place, [...]

Foreign investors worry about court order suspending projects

By k on October 3, 2009

BANGKOK, Oct 3 (TNA) – Thailand’s Finance Minister Korn Chatikavanij on Friday conceded that foreign investors are concerned over the Central Administrative Court’s order regarding 76 industrial projects in the Map Ta Phut industrial estate in the eastern seaboard province of Rayong suspending their operations. Speaking through the Sky Link system from Istanbul, Turkey, where [...]

quite concerned about the tourism sector

By k on August 7, 2009

BANGKOK, Aug 7 (TNA) – Thailand’s Minister of Finance Korn Chatikavanij on Thursday allowed that his government is quite concerned about the tourism sector as it has been persistently plagued by a series of challenges, including ongoing political divisiveness, the spread of A(H1N1) influenza, and the reduced purchasing power of foreign tourists. Speaking after joining [...]

Thai economy sees recovery

By k on August 6, 2009

BANGKOK, 6 August 2003 (NNT) – Finance Minister Korn Chatikavanij stated several economic indicators had indicated the recovery of Thailand’s economic condition but measures were needed to maintain the country’s economic stability. He also voiced his concern over Thai tourism as it was impacted by many factors such as the global economic gloom, the internal [...]

Finance Minister wants to see baht weaken

By k on August 5, 2009

BANGKOK, Aug 5 (TNA) – Finance Minister Korn Chatikavanij on Tuesday indicated the ministry wanted the baht to depreciate so it could help boost exports and the economic recovery. However, he conceded it is the duty of the Bank of Thailand (BoT) to supervise the baht movement. On one hand, he said the stronger baht [...]

Thai Baht gets stronger due to surplus balance of trade

By k on July 28, 2009

BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency. Mr. Korn said the fewer amount of the US dollar currency had flown out of Thailand due to less imports from overseas markets. He added [...]

Cabinet to talk on bond issuance adjustment today

By k on July 14, 2009

BANGKOK, 14 July 2009 (NNT) – The cabinet will discuss the adjustment of the government bond issuance today after the batch of bonds was quickly sold out yesterday. After receiving a report from Finance Minister Korn Chatikavanij that the government bonds worth 1.5 billion baht were sold out within a short period of time yesterday, [...]

800 billion loan debate begins in Parliament

By k on June 15, 2009

BANGKOK, June 15 (TNA) – The live broadcast on a parliamentary debate on the Bt800 billion loan package sought by the coalition government of Prime Minister Abhisit Vejjajiva aimed at jump starting Thailand’s economy began Monday.   Finance Minister Korn Chatikavanij told members of the House of Representatives that the planned borrowing of Bt800 billion [...]

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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