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World
ASEAN Chairman’s Statement on Myanmar 11 August 2009, Bangkok
By k on August 12, 2009
Thailand, as the ASEAN Chair, has learned with deep disappointment that Daw Aung San Suu Kyi was sentenced to serve eighteen months of house confinement with limited freedom. The Chair wishes to reiterate the calls made by the ASEAN Foreign Ministers attending the 42nd ASEAN Foreign Ministers’ Meeting and the 16th ASEAN Regional Forum held [...]
Over 953,000 evacuated in E China as Typhoon Morakot approaching
By k on August 9, 2009
HANGZHOU, Aug. 9 (Xinhua) — More than 953,000 people in two coastal provinces in east China have been removed to safe places by Sunday as Typhoon Morakot was estimated to make a landfall soon. More than 473,300 residents of Zhejiang had been relocated and some 35,440 ships called back from the sea, the provincial flood-control [...]
E China on guard as typhoon Morakot approaches
By k on August 8, 2009
FUZHOU, Aug 8 (Xinhua) — Eastern China is on guard as typhoon Morakot approaches after slamming into Taiwan Friday night. According to the Fujian provincial meteorological station, Morakot is likely to land again in the coastal province between Saturday evening and night. Although the typhoon was weakening after a landfall in Taiwan, it still packed [...]
“World’s largest” shipyard opens in NW China coastal city
By k on July 2, 2009
SHENYANG, July 2 (Xinhua) — A shipyard that has laid claim to be the largest in the world in terms of physical size began operation Wednesday at Changxing Island in Dalian, a coastal city in northeast China’s Liaoning Province. STX (Dalian) Shipbuilding Co. Ltd., a subsidiary of the STX Group from the Republic of Korea [...]
truck bomb kills at least 22 Irag
By k on June 20, 2009
At least 22 people were killed and dozens more wounded on Saturday by a truck bomb at lunchtime in a town south of the oil-rich city of Kirkuk, the bloodiest attack to hit Iraq in a month. The attack struck near a mosque in Taza, a predominantly Turkmen Shiite town, at around 1:00 pm (1000 [...]
General Motors files for bankruptcy
By k on June 1, 2009
Reuters New York US car maker General Motors filed for bankruptcy protection, marking one of the biggest collapses in the corporate history as the iconic entity grapples with global recession and plunging sales. The century-old auto maker, which is surviving on American taxpayers money has filed for Chapter 11 protection with the US Bankruptcy Court, [...]
Last Survivor of Titanic Dies
By k on June 1, 2009
LONDON (May 31) — Millvina Dean, who as a baby was wrapped in a sack and lowered into a lifeboat in the frigid North Atlantic, died Sunday, having been the last survivor of 1912 sinking of the RMS Titanic. She was 97 years old, and she died where she had lived — in Southampton, England, [...]
In Swat Valley Capital Pakistan Claims Victory Over Militants
By k on May 30, 2009
By Catherine Maddux Islamabad The Pakistani military says it has prevailed over Taliban militants in Mingora, the main town in Swat Valley. The military says it gained control a week after re-entering the town to dislodge Taliban fighters. Major General Athar Abbas (File photo) Major General Athar Abbas told reporters that government forces [...]
N. Korea may be prepping long-range missile
By k on May 30, 2009
YEONPYEONG, South Korea – North Korea is showing signs of preparing for another long-range missile launch after launching a series of short-range missiles, including one on Friday. The communist country warned Friday it would act in “self-defense” if provoked by the U.N. Security Council, which is considering tough sanctions over the communist country’s nuclear test. [...]
US urges Europe, China to step up Afghan help
By k on May 30, 2009
SINGAPORE – U.S. Defense Secretary Robert Gates urged Europe and China to step up their involvement in rebuilding Afghanistan, saying Saturday that America alone cannot put the conflict-ridden nation back on its feet while mired in a fight against the Taliban. Gates said he has been tougher on the Europeans than countries in Asia in [...]
Business News »
Loan clients urged to be well-prepared for higher finance costs
July 16, 2010

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

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

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 [...]