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BoT monitoring public debt
BANGOK, 9 December 2009 (NNT) – The increasing public debt may compromise the country’s sustainable economic recovery, says Bank of Thailand (BoT) Senior Director Suchart Sakkankosone. Mr Suchart speculated that…
BoT downplays Map Ta Phut as risk-factor for creditor banks
BANGKOK, Dec 5 (TNA) – Bank of Thailand (BoT) Assistant Governor Sorasit Soontornkes on Friday shrugged off mounting concern that the suspension of 65 investment projects in the Map Ta…
Banks asked to grant extended repayment plans for frozen projects
BANGKOK, 4 December 2009 (NNT) – Finance Minister Korn Chatikavanij urges commercial banks to extend loan repayment periods for customers owning investment projects in the Map Ta Phut industrial estate…
EC seeks disqualification of Deputy Finance Minister for alleged shareholding
BANGKOK, 2 December 2009 (NNT) – The Election Commission (EC) resolved to ask the court to disqualify Deputy Finance Minister Pruttichai Damrongrat for holding more than 5% of company shares…
Thai central bank keeps key interest rate unchanged
BANGKOK, Dec 2 (TNA) – Thailand’s central bank on Wednesday kept its policy interest rate unchanged at 1.25 per cent, saying the current rate is “appropriate and supportive of the…
BoT confident Thai economy will recover well in Q4
BANGKOK, 1 December 2009 (NNT) – The Bank of Thailand (BoT) is confident in the potential of the Thai economy to recover in the fourth quarter of 2009 despite some…
Income guarantee scheme pushes farm products
BANGKOK, 29 November 2009 (NNT) – The government’s income guarantee scheme for agriculturalists can improve the prices of farm products, according to the Prime Minister. Prime Minister Abhisit Vejjajiva stated…
JETRO Bangkok backs Thai SMEs
CHIANG MAI, 28 November 2009 (NNT) – JETRO Bangkok Intellectual Property vowed to support Thailand’s small and medium business enterprises (SMEs). The business consultant centers will be appointed at Chiang…
Lifting cost-of-living alleviation measures won’t fuel inflation
BANGKOK, Nov 26 (TNA) – The government’s decision to lift some of its measures to ease the cost of living will neither fuel the costs nor boost inflation, according to…
BoT intervention in Baht currency results in export expansion
BANGKOK, 25 November 2009 (NNT) – The Finance Minister complimented the measures by of the Bank of Thailand (BoT) in Thai currency intervention, which resulted in the expansion of exports.…
