Thai Press Reports articles from January 2010

Thai Press Reports archives from January 2010

Thailand: Education - Tool for future prosperity.
January 29, 2010... Section: General News - Nobody can deny the importance of education, an essential tool for building an individual's future as well as a nation's. Education opens doors for boundless opportunities and growth for higher achievements, but...

Thailand: Over 1mn debtors join in informal debt refinancing scheme.
January 29, 2010... Section: Business News - More than one million people have been reported registering with the informal debt-refinancing program of the government through the state-run Government Savings Bank (GSB) and the Bank for Agriculture and Agricultural...

Thailand: BMA launches new website for aging people.
January 29, 2010... Section: General News - The Bangkok Metropolitan Administration (BMA) launched a new website in order to enable aging people to easily access useful information. Bangkok Governor, M.R.Sukhumbhand Paribatra stated that the new website,...

Thailand: Thai hotels cutting prices in face of continued lag in tourism.
January 29, 2010... Section: Business News - Domestic hotels are continuing to knockdown prices to bolster weak business, with high end hotels offering up to 15% discounts, according to the Thai Hotels Association (THA). THA President, Prakit Shinamornpong,...

Thailand: Commerce Ministry to boost growth of the Thai Halal industry.
January 29, 2010... Section: Business News - Deputy Commerce Minister, Alongkorn Pollabutr introduced the Ministry's logistics policy to advance the country's export potential as well as to upgrade the Thai Halal industry to rank as the world's number four. Mr...

Thailand: Trade with Latin America expected to double.
January 29, 2010... Section: Business News - The Thailand Trade Representative and the Thai Chamber of Commerce hoped that trade with Latin American countries would double within 5 years and suggested Thai entrepreneurs to invest in the region. Dr. Vachara...

Thailand: SMEs not affected by AFTA so far.
January 29, 2010... Section: Business News - The implementation of the ASEAN Free Trade Agreement (AFTA) which took effect this past 1 January 2010 has not caused any apparent impact on Thailand's small and medium enterprises. President of the SME Bank, Soros...

Thailand: Govt pledges to strengthen Thai SMEs.
January 29, 2010... Section: Business News - The Prime Minister stressed the Small and Medium Enterprises (SMEs) as an important drive of the nation's economy. Prime Minister Abhisit Vejjajiva today presided over the Thailand SME Expo 2010, being held by the...

Thailand/Haiti: WFP lauds Thais for highest cash donation to Haiti.
January 29, 2010... Section: General News - Thai people have donated the highest amount of cash compared to other countries worldwide; about 160 million THB via the UN World Food Program (WFP) to quake devastated Haiti. According to the WFP's Asia Regional...

Thailand/Cambodia: Cabinet not to appeal against the judgement on revocation of Thai-Cambodian bilateral declaration on Khao Phra Vihan.
January 29, 2010... Section: General News - The Cabinet resolved not to appeal against the Administrative Court's sentence against the ex-Prime Minister Samak Sundaravej's Cabinet. The sentence was made on the charge against former Foreign Minister Noppadon...

Thailand: Finance Minister Korn plays down coup rumors.
January 29, 2010... Section: Government & Politics - The Finance Minister confirmed the stability of the government, with no coup attempt. Finance Minister Korn Chatikavanich stated today that the government had no plan to dissolve the house and hold a new...

Thailand: Charter revision agendas distributed to coalition parties today.
January 29, 2010... Section: Government & Politics - Tourism and Sports Minister and Chart Thai Pattana Party Leader, Chumpol Silpa-archa will distribute agendas for the constitutional amendment among coalition parties on Thursday prior to filing a motion next...

Thailand: Saxena faces new 140 million baht banking fraud charge.
January 29, 2010... Section: General News - Public prosecutors have decided to file a criminal charge against Indian-born financier Rakesh Saxena for his involvement in the 140 million THB bank defraudment that led to the collapse of the Bangkok Bank of Commerce in...

Thailand: PM to attend the 40th World Economic Forum.
January 29, 2010... Section: General News - Prime Minister Abhisit Vejjajiva is scheduled to attend the annual World Economic Forum in Switzerland from 29 January to 1 February. Mr Abhisit said the meeting would be the stage to promote the country's positive...

Thailand: DSI suppressing scam artists operating from overseas.
January 29, 2010... Section: General News - The Department of Special Investigation (DSI) will cooperate with international organizations in eliminating scam artists deceiving people to transfer money via an ATM system. According to Pol Colonel Songsak...

Thailand: The second decade of Thailand's educational reform to be on progress.
January 29, 2010... Section: General News - The Education Minister vowed to progress with educational reform over its second decade despite the House dissolution rumors. Education Minister, Chinnaworn Boonyakiat, spoke after a meeting with the educational...

Thailand: H1N1 vaccination for pregnant women to be continued nationwide with exception of Satun.
January 29, 2010... Section: General News - Type A (H1N1) vaccinations for pregnant women throughout the country will be continued, except in the southern province of Satun following two unexplained miscarriages. Permanent Secretary for Public Health, MD Paijit...

Thailand: OKMD launched the first complete creative economy website in Thailand.
January 29, 2010... Section: General News - The Office of Knowledge Management and Development (OKMD) (Public Organization) under the supervision of the Office of the Prime Minister launched a creative economy website as Thailand's first and most comprehensive...

Thailand: DEP expects 14% export growth this year.
January 29, 2010... Section: Business News - The Director General of the Department of Export Promotion (DEP) is convinced this year's exports can grow by 14% due to the recovering economy, free trade agreements and the global acceptance of Thai product quality....

Thailand: Seh Daeng spared bankruptcy charge.
January 29, 2010... Section: General News - The bankruptcy court has dismissed a lawsuit lodged by a former police chief, Police General Sant Sarutanont, against Army Specialist Major General Kattiya "Seh Daeng" Sawasdipol. The bankruptcy claim was forwarded to...

Thailand: Suan Dusit Poll finds charter change row eroding govt stability.
January 29, 2010... Section: Government & Politics - A considerable number of people believe that the ongoing squabble over constitutional amendments may affect the ruling Democrat government's stability. A Suan Dusit poll, conducted among the people of...

Thailand: Science and Tech Ministry follows up on longan recycle project in Lamphun.
January 29, 2010... Section: General News - Science and Technology Ministry is following up on the progress of the longan recycle project in two warehouses in Lamphun province. The Permanent Secretary for Science and Technology Dr Sujinda Chotipanit and his team...

Thailand: The second Bangkok Motorbike Festival 2010 officially kicked off.
January 29, 2010... Section: General News - Many leading motorbike brands showcase varieties of this year latest models to the public for the first time at the second Bangkok Motorbike Festival 2010 at Central World. Bangkok Motorbike Festival 2010 was held...

Thailand: Woman suffers miscarriage after getting H1N1 flu shot.
January 29, 2010... Section: General News - A senior public health official in Thailand's southern province of Satun on Thursday confirmed that a seven-months pregnant woman suffered a miscarriage following her immunisation with the A(H1N1) vaccine. Dr Samruam...

Thailand: French businessman nabbed in Pattaya for child sex abuse.
January 29, 2010... Section: General News - A combined force from Thailand's Department of Special Investigation (DSI) and local police in this coastal province late Tuesday night arrested a French businessman who runs many entertainment venues in the seaside...

Thailand: Court bars Thaksin's former wife from selling land.
January 29, 2010... Section: General News - Thailand's Civil Court on Wednesday issued an injunction to bar Pojaman Na Pombejra, ex-wife of convicted prime minister Thaksin Shinawatra from selling or transferring ownership of the controversial land tract on...

Thailand: Bangkok prepares for Chinese New Year.
January 29, 2010... Section: General News - The Bangkok Metropolitan Administration is implementing safety and hygience precautions for the upcoming Chinese New Year, emphasizing prevention of bird flu. Deputy Bangkok Governor Malinee Sukvejchavorakij said the...

Yemen/United Kingdom: Meeting to bolster Yeman in battle against Al Qaeda held in London.
January 29, 2010... Section: General News - Britain is hosting a one-day meeting on Yemen with ministers and senior officials from Yemen, Europe, the Gulf states and others. The underlying focus of the gathering is the issue of terrorism. British Prime Minister...

Thailand: Thai exporters plan to expand Latin American markets.
January 29, 2010... Section: Business News - The government and the private sector are planning to boost Thai export to Latin America with an aim to increase trade value to 300 billion baht within five years. Last year, the Thai Trade Representative Office,...

Thailand: Central bank sees no signs of bubble economy.
January 29, 2010... Section: Economy - The Bank of Thailand is preparing to ease regulations on capital flow by next week to deal with fluctuation expected this year in light of economic recovery. Bank of Thailand Governor Tharisa Wattanagase said that last...

Thailand: New oil coloring to start on Feb 1.
January 29, 2010... Section: General News - The Energy Ministry has announced adjustment of oil products' colors to help curb selling of illegal fuel. From February 1, fuel products will be available in different colors to prevent illegal mixtures. Initially,...

Thailand: BE of MPSC to be registered on January 28 and 29, 2010.
January 29, 2010... Section: Bond Market - The Bill of Exchange (BE) issued by Mitr Phol Sugar Corp.,Ltd. to be registered with ThaiBMA on January 28, 2010 consisting of MPSC10728A is 181-day BE, worth of THB 100 mln. The issue date is on on January 28, 2010 and...

Thailand's Airports of Thailand (AOT): Good 1QFY10 result expected but risks loom.
January 29, 2010... Section: Stocks - Hold rating is maintained for AOT on concerns about the massive investment required for the upcoming 'Phase 2' development of Suvarnabhumi Airport. With rising costs and uncertainty over landing fee discount negotiations with...

Thailand's The Erawan Group (ERAWAN): To report another loss in 4Q09.
January 29, 2010... Section: Stocks - ERAWAN will report a Bt15mn net loss in 4Q09 compared to net losses of Bt49mn in 4Q08 and Bt69mn in 3Q09. With the 4Q09 result, ERAWAN is expected to post a Bt230mn net loss in 2009, down from a Bt78mn net gain in 2008. ...

Thailand's Sansiri (SIRI): Huge growth possibility in the pipeline.
January 29, 2010... Section: Stocks - Coverage of SIRI is initiated with an Outperform rating and 2010 fair value based on the DDM method of Bt5.20, equivalent to a 2010 PER of 5.7x. Despite trading at a cheap price level, a large planned capital increase will...

Thailand's L.P.N. Development (LPN): First project in 2010 to be launched this weekend.
January 29, 2010... Section: Stocks - LPN is scheduled to launch its first project for 2010, Lumpini CondoTown Bangkae, this weekend (30 January). The project will comprise four 8-storey buildings with 790 units worth a total of Bt600mn. All units are designed as...

Thailand's BANPU PLC (BANPU): Return of the coal white knight.
January 29, 2010... Section: Stocks - BANPU is upgraded to BUY from Sell and target price is raised to Bt641 from Bt591, justified by its 23% ETR. Its share price has shed 16% since downgraded and BANPU looks attractive at the current share price. Key catalysts...

Thailand's Siam Cement (SCC): Weak results are behind us.
January 29, 2010... Section: Stocks - 7% below estimate: SCC reported a 4Q09 net profit of Bt5.3bn, down 23.7% QoQ but a reversal from the 4Q08 loss of Bt3.5bn. The result was 7% below our estimate and 4% lower than the consensus because of weaker-than-expected...

Thailand's Advanced Info Service (ADVANC): Safe haven amid 3G uncertainty.
January 29, 2010... Section: Stocks - Amid the uncertainty of the 3G auctioning timeframe, ADVANC is the safest haven, backed by a Bt6.30/share dividend-an 8% yield. The stock price is now oversold and the market has already anticipated the 3G delay. BUY rating...

Thailand: TPIPL reports on unedited consolidated F/S for the year 2009.
January 29, 2010... Section: SET Filing - TPI Polene Public Company Limited ("the Company") would like to report the operating result of the unaudited consolidated financial statements for the year ended December 31, 2009, as follows: - In year 2009, the Company...

Thailand: TLUXE reports use of capital increase from warrant exercise.
January 29, 2010... Section: SET Filing - According to an increase of the company's capital from the exercise of TLUXE-W1 at 1.50 Baht per share and ESOP-W1 at 1.50 Baht per share. The total exercise of 7,826,600 common shares in the amount of 11,739,900 Baht could...

Thailand: PTL's Board approves FS and payment of interim dividend.
January 29, 2010... Section: SET Filing - The Meeting of the Board of Directors of Polyplex (Thailand) Public Company Limited (the Company) No.1/2010 held at 11.30 am on 28 January 2010 has resolved as follows: 1. That the report on the Company's operating results...

Thailand: Thai bourse and Thaipat announces CSR direction for 2010.
January 29, 2010... Section: SET Announcement - Corporate social responsibility (CSR) will follow the "green" trend this year, where customer behavior is friendly to the environment, said The Stock Exchange of Thailand's Corporate Social Responsibility Institute...

Thailand: TPOLY reports on utilization of increased capital.
January 29, 2010... Section: SET Filing - Thai Polycons Public Company Limited ("the Company") would like to report the utilization of increased capital from July 1, 2009 to December 31, 2009 as follows: From the initial public offering to the public of 60 million...

Thailand: BLA reports using funds from capital increased.
January 29, 2010... Section: SET Filing - Bangkok Life Assurance Public Company Limited was approved to allocate the increased 200,000,000 ordinary shares to general public at 13.50 Baht per share. The total funds which received in full amount on September 14, 2009...

Thailand: UNIQ clarifies on changes more than 20% Year end 2009.
January 29, 2010... Section: SET Filing - The Company pleased to announce the Company's results for year end 2009 and 2008 as follows:- Net profit of Consolidated increased more than 20% from the same period as last year 2008 come from The Commuter Train Project...

Thailand: N-PARK informs utilization of capital increased fund.
January 29, 2010... Section: SET Filing - Natural Park Public Company Limited ("the Company"), has increased share capital by allotting 48,344,736,000 shares to the Existing Shareholders at the ratio of 1 existing share to 4 new shares at Baht 0.01 per share during...

Thailand: ABFTH clarifies reasons for over 20% decreased in ABFTH earnings for year.
January 29, 2010... Section: SET Filing - With reference to your letter No. Bor Jor (Vor) 65/1993 date 20 May, 1993 requiring the listed funds in the Stock Exchange of Thailand to disclose reasons for changes in earnings that exceeds 20% compared to the amount of...

Thailand: LUXF informs scheduled closing of the registered book for transferring.
January 29, 2010... Section: SET Filing - The registered book of Luxury Real Estate Investment Fund (LUXF) investment units will be closed for transferring of the investment units of LUXF on 11th February 2010. LUXF will pay the dividend #1/2010 (for the operating...

Thailand: JAS reports on decrease in paid-up capital.
January 29, 2010... Section: SET Filing - With reference to the resolution of the Board of Directors' meeting No.7/2009 of Jasmine International Public Company Limited ("the Company"), convened on 3 December 2009, on the confirmation on the resale of 1,397,727,200...

Thailand: PSL reports sale of one ship M.V. Nayana Naree.
January 29, 2010... Section: SET Filing - Precious Shipping Public Company Limited ("the Company") would like to notify the SET that the Company's subsidiary, Precious Ponds Limited has sold its vessel "M.V. Nayana Naree". Details of the sale transaction are as...

Thailand: PG explains on spending money from capital increased.
January 29, 2010... Section: SET Filing - According to offering increased capital ordinary shares of People's Garment Public Company Limited to the existing shareholders in the amount of 24 million shares 12 Baht per share in 2006, the company received the money...

Thailand: IEC appoints Executive Director and Management.
January 29, 2010... Section: SET Filing - The Board of Directors Meeting No. 1/2010 of The International Engineering Public Company Limited ('the company") held on January 27, 2010 passed the following resolutions: 1) Approval in appointment of Mr. Mongkol...

Thailand: SMM notifies on changing in Chairman and Directors.
January 29, 2010... Section: SET Filing - Siam Inter Multimedia Public Company Limited (the "Company") would like to inform the resolutions of the Board of Directors Meeting held on January 27, 2010 as follows; 1. Acknowledge resignation of Mr. Suthisak Lohsawat...

Thailand: FUTUREPF informs details of Asset.
January 29, 2010... Section: SET Filing - 1. Details of Asset : Certain leasehold rights of Future Park Rangsit Project Building covering an area of approximately 52,573.09 square meters, and the right to use the common area of Future Park Rangsit Project...

Thailand: Fiscal Policy Office reports monthly economic in December and the 4th quarter of 2009.
January 29, 2010... Section: Economy - Latest economic indicators showed that Thai economy has revived in the 4th quarter of 2009 from both export and domestic spending recovery. Mr Sathit Rungkasiri, Director-General of Fiscal Policy Office, revealed that...

Thailand/Haiti: Foreign Minister gives well-wishes to Thai advance team to Haiti.
January 29, 2010... Section: General News - On 27 January 2010, Foreign Minister Kasit Piromya met with the advance team of Thailand, comprising 2 representatives from the Ministry of Defense, 1 representative from the Emergency Medical Institute of Thailand, and 2...

Thailand: Adjustments to contract specification of Tapioca Chips (Both Options).
January 29, 2010... Section: Business News - On February 1, 2010, The Agricultural Futures Exchange of Thailand (AFET) will make adjustments to the contract specification of Tapioca Chips (Both Options), which will therefore affect the futures contracts of the...

Thailand: Thailand BOI to introduce sustainable investment policy.
January 29, 2010... Section: Investment - Thailand Board of Investment (BOI) aims to gear Thailand towards sustainable development after BOI board approved stronger policy focus on sustainable investment. Studies will be conducted in order to launch investment...

United Kingdom/Thailand: Professor Anne Mills receives the 2009 Prince Mahidol Award in the Field of Medicine.
January 29, 2010... Section: General News - Professor Anne Mills, Department of Health Economics and Policy, London School of Hygiene and Tropical Medicine, University of London, United Kingdom, today received the 2009 Prince Mahidol Award in the field of medicine....

New Zealand: ADB launches inaugural New Zealand dollar Kauri issue.
January 29, 2010... Section: General News - The Asian Development Bank (ADB) last week launched its inaugural New Zealand dollar Kauri issue with the pricing of a NZD225 million four-year bond. The proceeds will be part of ADB's ordinary capital resources and used...

Sierra Leone: Overcoming poverty can consolidate peace in Sierra Leone, Zoellick says.
January 29, 2010... Section: General News - Overcoming poverty in Sierra Leone will be important for consolidating its peace because conflict had inflicted a heavy toll on infrastructure, basic services and traditional job-generating sectors like agriculture and...

China: China's 3G user base to increase to 60m.
January 29, 2010... Section: Business News - China's 3G user base will rise fourfold to about 60 million by the end of this year and it will boost the development of integrated circuit and network convergence, the top industry regulator said yesterday. China now...

China: China Eastern's mission to Haiti.
January 29, 2010... Section: General News - China Eastern Airlines stewardesses get a warm welcome at the Hongqiao airport yesterday after their return. Destination: Haiti. That's all Yang Xiongnan, a pilot with China Eastern Airlines, knew about his mission...

Vietnam: Expo needs online volunteers.
January 29, 2010... Section: General News - The city should recruit volunteers to protect the official World Expo 2010 Websites from hackers, a top political advisory body member said yesterday at the annual session of the Shanghai Committee of Chinese People's...

China: Emergency training urged for residents.
January 29, 2010... Section: General News - Shanghai has been busy beefing up security and anti-terrorism measures in the Metro network and inside the Expo site. "Safety is the key to the success of Expo," Party Secretary Yu Zhengsheng said yesterday. But it...

China: Water to get armed guards.
January 29, 2010... Section: General News - Armed Police are to be sent to protect the city's water plants during Expo. "The importance and difficulty of the security of water during the World Expo 2010 are nothing less than the Olympics," the Shanghai Water...

China: Cautious investors sink key barometer.
January 29, 2010... Section: Business News - Shanghai's key stock index yesterday fell to a three-month closing low in flat trading as investors remained cautious about possible tightening of monetary policies. The benchmark Shanghai Composite Index lost 1.09...

China: Jin Jiang launches Marvel brand.
January 29, 2010... Section: Business News - Hong Kong-listed Shanghai Jin Jiang International Hotels (Group) Co Ltd, China's largest hotel owner and operator, announced yesterday it is launching a new hotel brand to tap growing demand from a younger generation of...

China: Mayor urges city to step up low-carbon economy shift.
January 29, 2010... Section: Business News - Shanghai should step up its shift to a low-carbon economy powered by advanced manufacturing and services, and encourage private businesses to do the same, Mayor Han Zheng said yesterday. He urged government officials...

China: Belgium's Agfa is optimistic about Chinese market.
January 29, 2010... Section: Business News - Belgium's Agfa announced on January 26 that in order to meet the needs of booming developed market of China and East Asia, Agfa Graphics China and Shenzhen Brothers Gaodeng Investment Group Co., Ltd. established joint...

China: Canada Increases Business Institutions in China.
January 29, 2010... Section: Business News - On the 40th anniversary of the establishment of China-Canada diplomatic ties, Wuhan representative office of Canadian Commercial Corporation, the official enterprise of Foreign Affairs and International Trade Canada...

Vietnam: Vietnam affirms fine ties with Slovakia.
January 29, 2010... Section: General News - Vietnam always attaches great importance to relations with traditional friends including Slovakia and will try its best to strengthen and further develop the fine relations between the two countries. The firm statement...

Vietnam: Macao vows to continue developing ties with Vietnam.
January 29, 2010... Section: General News - Macao will continue its policy to develop multi-faceted relations with Vietnam , said new Chief Executive of China's Macao Special Administrative Region Fernando Chui Sai On. While receiving Vietnamese Consul General...

Vietnam: Vietnam, Slovakia agree to boost legislative ties.
January 29, 2010... Section: General News - Vietnam and Slovakia have agreed to intensify cooperation and the sharing of experience in law making and supervision by increasing the exchange of visits by parliamentarians. National Assembly Chairman Nguyen Phu...

Vietnam: Congratulation to Japanese communist party.
January 29, 2010... Section: General News - Party General Secretary Nong Duc Manh has cabled a message of congratulations to Shii Kazuo on his re-election as Executive Committee Chairperson of the Japanese Communist Party. - VNA

Vietnam: Boom in Vietnam-Russia top-level visits expected.
January 29, 2010... Section: General News - 2010 will see Communist Party of Vietnam General Secretary Nong Duc Manh and State President Nguyen Minh Triet visit Russia and Russian Prime Minister Dmitry Medvedev visit Vietnam. The visits were announced by...

Vietnam: German press highlight preparations for Hanoi's millennium.
January 29, 2010... Section: General News - Hanoi's preparations for the upcoming 1,000 th anniversary of Thang Long-Hanoi were featured on Germany's 'Mirror' website on Jan.24. The website depicted the bustling atmosphere with hundreds of thousands of...

Vietnam: PM talks labour, migration in Geneva.
January 29, 2010... Section: General News - Prime Minister Nguyen Tan Dung on January 26 received the leaders of the International Labour Organisation (ILO), the International Organisation for Migration (IOM) and the UN Office in Geneva. PM Dung has been leading...

Vietnam: Get-together marks Vietnam-Slovakia diplomatic ties.
January 29, 2010... Section: General News - The Vietnam-Slovakia Friendship Association on January 26 hosted a meeting of Vietnamese who once studied and worked in Slovakia to celebrate 60 years of diplomatic ties between the two nations. Prominent among those...

Vietnam: Party leader welcomes New Zealand Foreign Minister.
January 29, 2010... Section: General News - Party General Secretary Nong Duc Manh received visiting New Zealand Foreign Minister Murray McCully in Hanoi on January 26. At the reception, General Secretary Manh expressed his pleasure with effective cooperation...

Vietnam: Vietnam attaches importance to protecting human rights.
January 29, 2010... Section: General News - The consistent policy of the Vietnamese Party and State is to protect and promote human rights, a government official has affirmed. Speaking at a workshop entitled Vietnam and UN Mechanisms on Human Rights: Several...

Vietnam: Workshop on Party development held.
January 29, 2010... Section: General News - A workshop on 80 years of building and developing the Communist Party of Vietnam (CPV) was held in Hanoi on Jan. 26 to mark the 80th anniversary of the CPV's founding. Co-chair of the workshop, National Assembly...

Vietnam: Minister stresses Vietnam's role in AEC Chairmanship.
January 29, 2010... Section: General News - As ASEAN Chair, Vietnam will spare no efforts to join with bloc members to obtain new achievements on the way towards a prosperous, peaceful and stable ASEAN Community. The statement was made by Minister of Industry...