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Sopon: THAI likely to lose Bt2 bln in profit in Q2

BANGKOK, 5 August 2009 (NNT) – Transport Minister, Sopon Zarum, said Thai Airways International (THAI) was likely to lose 2 billion baht in profit in the second quarter of 2009…

Commerce Ministry: Inflation contracts for 7th consecutive months

BANGKOK, 3 August 2009 (NNT) – Thailand’s inflation rate in July contracted by 4.4 percent, compared with the same period last year. Permanent Secretary for Commerce Siripol Yodmuangcharoen said the…

Govt determined to solved economic problems

SURAT THANI, 2 August 2009 (NNT) – Minister to the Prime Minister’s Office Satit Wonghnongtaey assured that the government’s main target was to solve the country’s economic problems and eliminate…

Airbus aircraft handed over to THAI Airways

TOULOUSE, July 31 (TNA) – An Airbus A330-300 handed over to Thai Airways International (THAI) on Thursday at a ceremony in the French city of Toulouse has arrived in Thailand’s Suvarnabhumi…

Rice price in Govt´s guarantee scheme concluded

BANGKOK, 30 July 2009 (NNT) – The National Rice Committee has set the price and quantity for the rice price guarantee scheme and has approved seven measures to help stabilize…

Thailand should reduce reliance on exports, says banker

BANGKOK, July 30 (TNA) – Thailand should reduce its reliance on exports for economic growth since the export sector will continue to take the brunt of the global economic meltdown,…

Thai Baht gets stronger due to surplus balance of trade

BANGKOK, 28 July 2009 (NNT) – Finance Minister Korn Chatikavanij admitted Thai Baht appreciated today day due to surplus balance of trade in exports and on speculation of the currency.…

Price of Gold Futures today likely depend on gold price in global market

BANGKOK, 28 July 2009 (NNT) – Mr. Khomsan Poramabhut, Senior Deputy Manager for the Securities Analysis Division of the Bualuang Securities (BLS), revealed that price of Gold Futures at Thailand…

Chinese and Thai investors agree to co-invest to boost business synergy

PATTAYA, July 28 (TNA) – Chinese investors from business associations worldwide and leading Thai businesspersons have co-invested in trade valued at US$6.2 billion or some Bt210.8 billion as part of…

Bangkok Bank’s Kosit sees Thailand’s exports plunging over 10%

BANGKOK, July 25 (TNA) — Kosit Panpiemras, Chairman of the Board of Executive Directors of Bangkok Bank, Thailand’s largest commercial bank, predicts that Thailand’s exports in 2009 would plunge more…