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value-added-tax
VAT cut to boost jewelry export
By k on June 29, 2009
BANGKOK, 29 June 2009 (NNT) – Value added tax (VAT) cut from raw material imports of gems for the jewelry industry will boost jewelry export value to 300 billion baht this year, said Deputy Commerce Minister.
Deputy Commerce Minister Alongkorn Ponlaboot revealed that the governments policy would make Thailand more competitive, and cut production cost for [...]
Thai govt revenue in first seven months of fiscal 2009 down 16.67% from projection
By k on May 25, 2009
BANGKOK, May 16 (TNA) — Government revenue in the first seven months of fiscal 2009 - from last October 1 to April 30, 2009 - fell 16.67 per cent below projections, a senior Thai Finance Ministry official said.
Business News »
Thai stock indexes to fluctuate in narrow range next week
March 14, 2010
BANGKOK, 14 March 2010 (NNT) – Thai stock indexes were expected to swing in a narrow range next week as a result of the domestic political affair, according to the Kasikorn Research center (KResearch). KResearch predicted the movement of Thai stock indexes from 15 to 19 March, reporting that the indexes would slightly [...]
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 »
Coalition parties confirm support to PM Abhisit
March 15, 2010
Coalition parties have affirmed their support to the Abhisit administration, saying there is no need for a national government as proposed by some MPs.
Leader of Chartthai Pattana Party Chumpol Silpa-archa made the comment after House Speaker Chai Chidchob insisted a joint parliamentary session be held on Tuesday at 9.00 am.
Bhumjaithai Party executive members also voiced [...]
Economy »
Current economic uptrend as a result of higher employment rate in Q1
March 14, 2010
BANGKOK, 14 March 2010 (NNT) – Thailand sees an economic uptrend due to higher employment rates in the first quarter of this year.
Speaking in his weekly talk show, “Confidence with Thailand with Prime Minister Abhisit”, the Prime Minister stated that the rate of employment during this period was on the rise or higher, compared 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 »
Grenade attack wounds two soldiers in Bangkok army unit
March 15, 2010
BANGKOK, March 15 (TNA) – Unidentified attackers fired six M79 grenades into a Bangkok-based army unit, wounding two soldiers.
Col Nutthawat Akanibutr, commander of the First Infantry Regiment, said six M79 grenades were fired into his unit on Vibhavadi Rangsit road but only four exploded.
Sgt Maj First Class Preecha Pansamut was wounded in the abdomen and [...]