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Bangkok economy damaged by Ratchaprasong rally

BANGKOK, 3 April 2010 (NNT) – 200-300 million THB loss was reported due to today’s rally of anti-government United Front for Democracy against Dictatorship (UDD) at Ratchaprasong Junction. According to…

GDP growth likely hit by Map Ta Phut impasse

BANGKOK, 1 April 2010 (NNT) – The country’s gross domestic product could be lowered by 1.3%, resulting in a loss of 58 billion THB in value due to the protracted…

Thai Hotels Association vows to boost Thai tourism

BANGKOK, 31 March 2010 (NNT) – The prolonged political threats have hugely affected the tourism industry in Thailand, according to Prakit Shinamornpong, President of the Thai Hotels Association. Mr Prakit,…

Korn confident GDP to grow by 4.5% in 2010

BANGKOK, 30 March 2010 (NNT) – The country’s gross domestic product (GDP) will likely expand by 4.5% in 2010 despite the ongoing political tension, according to Finance Minister Korn Chatikavanij.…

HB 10 bn to inject into Thai Airways Internatiional

BANGKOK, 29 March 2010 (NNT) – Finance Minister indicated that a budget of 10 billion THB was prepared to be injected into Thai Airways International if clear objective strategies of…

BTS pink line construction approved

BANGKOK, 28 March 2010 (NNT) – The Mass Rapid Transit Authority of Thailand (MRTA) has proceeded with its plan to construct the 34.5-kilometer pink line skytrain after the project was…

Good export prospects for garments and textiles

BANGKOK, 26 March 2010 (NNT) – There is a positive growth potential for Thai textile exports this year despite labor shortages, according to Executive Director of Thailand Textile Institute (THTI)…

Tourism, service hardest hit by red-shirt rally

BANGKOK, 25 March 2010 (NNT) – A survery by the Center for Economic and Business Forecasting (CEBF) showed that tourism and the service sector were most affected by the long-standing…

SET expected to pass 900 pts this year

BANGKOK, 24 March 2010 (NNT) – Trinity Securities Company predicts the Thai stock index is likely to reach 900 points by the end of the year as capital continues to…

Thai Chamber: Current political situation affects Thai businesses

BANGKOK, 23 March 2010 (NNT) – The current political tension will affect Thai businesses and national export if prolonged, according to Dusit Nontanakorn, Chairman of the Thai Chamber Of Commerce.…