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4 Map Ta Phut projects resume work

By k on March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Office of Natural Resources and Environmental Policy and Planning (ONEP) has resolved to permit the construction of four more Map Ta Phut industrial projects, previously suspended by the court’s injunction.

Mr Sorayud Petchtrakul, Assistant to the Industry Minister and Chairman of committee in charge of seeking solutions to Map [...]


BoT urges Govt to expedite assistance for Map Ta Phut

By k on January 11, 2010

BANGKOK, 11 January 2010 (NNT) – The Bank of Thailand (BoT) suggested that the government should urgently compensate the 65 suspended projects in the Map Ta Phut industrial estate.
BoT Senior Director for Domestic Economy Department, Suchart Sakkankosone, said most of the projects, currently non-performing, had already received loans from financial institutions with affixed transaction fees [...]


JETRO concerned about Map Ta Phut project suspension thumbnail

JETRO concerned about Map Ta Phut project suspension

By k on January 6, 2010

BANGKOK, Jan 6 (TNA) – The Japan External Trade Organization (JETRO) is concerned about impasse in Thailand’s largest industrial estate, Map Ta Phut in Rayong, saying the government’s timeframe to settle the problem within four to five months is too long for investors to wait, Industry Minister Charnchai Chairungruang said on Wednesday.

After meeting Munenori Yamada, [...]


Court nods for 11 Map Ta Phut projects, 65 others suspended thumbnail

Court nods for 11 Map Ta Phut projects, 65 others suspended

By k on December 2, 2009

BANGKOK, 2 December 2009 (NNT) - The Supreme Administrative Court has resolved to permit the operations of 11 out of 76 Map Ta Phut industrial projects previously suspended by the court’s injunction.
According to the court’s ruling, the operations of the remaining 65 projects are still suspended in compliance with the Administrative Court’s order in September. [...]


Four-party panel to visit Map Ta Phut estate on 5-7 Dec

By k on November 29, 2009

RAYONG, 29 November 2009 (NNT) - A four-party committee in charge of resolving the problems surrounding the Map Ta Phut industrial estate will visit the eastern province of Rayong next week.
Rayong governor, Sayumporn Limthai stated that the newly-appointed four-party committee chaired by Former Prime Minister Anand Panyarachun is scheduled to travel to the Map Ta [...]


BoT concerned halting of 76 projects in Map Ta Phut to derail economic recovery thumbnail

BoT concerned halting of 76 projects in Map Ta Phut to derail economic recovery

By k on October 5, 2009

BANGKOK, 5 October 2009 (NNT) – The Bank of Thailand (BoT) has expressed concern over Administrative Court rulings to suspend 76 projects in the Map Ta Phut industrial estate for fear it will stagnate the recovery of the Thai economy.
Assistant BoT Governor Paiboon Kittisrikangwan admitted today that court injunctions for 76 Map Ta Phut projects [...]


Business News »

Business community disagrees with House dissolution

March 16, 2010

BANGKOK, Mar 16  (TNA) – Most Thai businesspeople disagree with the call by the Red Shirt movement to dissolve the House because it will negatively affect the overall economy, according to Thai Chamber of Commerce Deputy Secretary-General Pornsilp Patcharintanakul.
Should the House be dissolved, he said, it would take at least six months to put the [...]

Bank And Finance »

More banks closed amid mass protest

March 16, 2010

BANGKOK, 16 March 2010 (NNT) - Seven branches of commercial banks have today requested temporary suspension of their operations for safety concerns, according to the Bank of Thailand (BOT).
Krung Thai Bank has closed its branches at the Government House, the Ministry of Defence, the Parliament, Ratchadamnoen Klang Road, the Ministry of Education, Banglamphu Road, and [...]

General News »

Red Shirts collecting blood from volunteers, target one million cc

March 16, 2010

Red Shirts collecting blood from volunteers, target one million cc thumbnail

BANGKOK, March 16 (TNA) - Thai anti-government demonstrators on Tuesday began collecting blood from volunteers, targeting  a goal of one million cc before pouring it at all gates of Government House as part of their plan to intensify their campaign to bring down the administration of Prime Minister Abhisit Vejjajiva after he rejected their demand [...]

Economy »

Baht likely stand around 32.50-33.00 THB/USD

March 16, 2010

Baht likely stand around 32.50-33.00 THB/USD thumbnail

BANGKOK, 16 March 2010 (NNT) – The Thai baht is expected to move in the range of 32.50-33.00 THB to the US dollar this week, according to the Kasikorn Research Center (KResearch).
The movement of the Thai currency is expected to be influenced by the ongoing rallies of the United Front of Democracy Against Dictatorship (UDD), [...]

Energy »

PTT plant closures force LPG imports to record highs

March 16, 2010

BANGKOK, 16 March 2010 (NNT) – The amount of imported liquefied petroleum gas may reach 154 billion tons per month as the operation PTT Plc’s 6th gas plant continues to be on hold.
Director of the Fuel Trade and Stockpile Bureau, Ms Poosub Sakunee, said the Energy Ministry has met with PTT to plan LPG imports [...]

Politics »

Lack of quorum causes postponement of joint parliamentary sitting

March 16, 2010

BANGKOK, 16 March 2010 (NNT) - Only 80 out of 625 Parliament members signed up for the joint parliamentary meeting this morning, causing Parliament President Chai Chidchob to order definite postponement of the meeting due to lack of quorum.
Mr Chai said the meeting was earlier scheduled because a backlog of draft laws were awaiting parliament’s [...]