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True reports smaller net loss of B360m thumbnail

True reports smaller net loss of B360m

By k on May 25, 2009

True Corporation reported a consolidated net loss of 360 million baht in the first quarter, compared with a profit of 3.35 billion in the same period last year. The loss, however, was a sharp improvement from a loss of 1.581 billion baht in the fourth quarter last year.


EU fines Intel record $1.45bn thumbnail

EU fines Intel record $1.45bn

By k on May 25, 2009

By: AFP
The company hit back, saying it would fight the ruling with an appeal in EU courts, raising the spectre of a new antitrust saga between Brussels and a US technology giant after Microsoft’s years of European legal battles.


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 »

Red Shirt ‘column’ moves to army unit to await PM’s answer on House dissolution

March 15, 2010

Red Shirt ‘column’ moves to army unit to await PM’s answer on House dissolution thumbnail

BANGKOK, March 15  (TNA) - The red-clad anti-government United Front for Democracy against Dictatorship (UDD) core group began moving from its main protest venue at Phan Fah Lilat Bridge on Bangkok’s Rajdamnoen Avenue to wait for Prime Minister Abhisit Vejjajiva’s response to their demand for a House dissolution at the government’s temporary safe house at [...]

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 »

PM turns down UDD´s request to dissolve house

March 15, 2010

PM turns down UDD´s request to dissolve house thumbnail

BANGKOK, 15 March 2010 (NNT) – Prime Minister Abhisit Vejjajiva assured that House dissolution will not take place by Monday noon, in response to the request made by the anti-government United Front of Democracy Against Dictatorship (UDD).
Speaking at the 11th Infantry Regiment, the prime minister gave a press conference to elaborate his refusal to comply [...]