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Thai fruits being promoted in Vietnam thumbnail

Thai fruits being promoted in Vietnam

By k on May 6, 2010

BANGKOK, 6 May 2010 (NNT) — The Department of Agricultural Extension (DOAE) in corporation with the Ministry of Agriculture and the Commerce Ministry will hold the “Thai Fruits Fair in ASEAN”, in Vietnam to promote Thai fruits in the ASEAN market. According to the Director–General of DOAE, Ath Intharak, the fair aims to showcase and [...]


Thailand and Japan jointly invest in craft paper business in Vietnam

By k on January 29, 2010

BANGKOK, 29 January 2010 (NNT) – Thailand cooperated with Japan to invest in craft paper business in Vietnam worth six billion THB, due to the rising trend of the business at 10% per year. Mr Chaowalit Eakabut, the Managing Director of SCG Paper stated that Vietnam currently was a very interesting investment venue, following its [...]


Laos supports Thailand and Vietnam to set up association of rice exporting countries thumbnail

Laos supports Thailand and Vietnam to set up association of rice exporting countries

By k on August 16, 2009

BANGKOK, 15 August 2009 (NNT) – Laos voiced its support in a recent bilateral talk with Thailand as part of the 41st ASEAN Economic Ministers Meeting (AEM) and related meetings to set up an association of rice exporting countries. Mr Chaiya Yimvilai, Chaiman of the Advisory Board for Commerce Minister Porntiva Nakasai, said Lao Industry [...]


Thai PM visits Vietnam to promote bilateral cooperation thumbnail

Thai PM visits Vietnam to promote bilateral cooperation

By k on July 10, 2009

BANGKOK, July 10 (TNA) – Prime Minister Abhisit Vejjajiva is pitching a proposal to his Vietnamese counterpart for a mechanism to promote cooperation in rice exports, transport, and tourism on his first official visit to Vietnam after taking up his post late last year. Mr. Abhisit left for Vietnam Friday and will meet his Vietnamese [...]


Thai rice exports fall sharply in first five months of 2009 thumbnail

Thai rice exports fall sharply in first five months of 2009

By k on July 9, 2009

BANGKOK, July 8 (TNA) — Rice exports by Thailand, the world’s number one rice exporter, is facing fierce competition from Vietnam as exports in the first five months of 2009 have slumped sharply, according to a report issued by Kasikorn Research Centre.   The report said Vietnam–which offers export rice at prices lower than Thailand [...]


Rice production focus as Thai PM visits Vietnam next week thumbnail

Rice production focus as Thai PM visits Vietnam next week

By k on July 3, 2009

BANGKOK, July 3 (TNA) – Thai Prime Minister Abhisit Vejjajiva will pay a one-day official visit to Vietnam on July 10 to strengthen bilateral relations between the two nations, particularly regarding rice production cooperation, according to Deputy Secretary to the prime minister Dr. Panithan Wattanayagorn.   Dr. Panithan, also acting government spokesman, said the trip [...]


PM to visit Vietnam on 10 July thumbnail

PM to visit Vietnam on 10 July

By k on July 2, 2009

BANGKOK, 2 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva is scheduled to pay a one-day official visit to Vietnam on 10 July 2009 in order to strengthen bilateral relations and cooperation on rice trading. Deputy Secretary-General to the Prime Minister Panithan Wattanayakorn stated that Prime Minister Abhisit, along with Deputy Prime Minister Suthep Thaugsuban [...]


Business News »

Loan clients urged to be well-prepared for higher finance costs

July 16, 2010

Loan clients urged to be well-prepared for higher finance costs thumbnail

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

Summary of the 9th APEC Energy Meeting thumbnail

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

Moody´s chops down PTT´s credit thumbnail

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 [...]