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Philippines: Gas up by P0.85 per liter, diesel by P0.40 per liter.
March 30, 2011... Section: Business News - Domestic oil prices went up anew this week due to the continuing global political uncertainties. Oil firms raised gasoline prices by P0.85 per liter, diesel by P0.40 per liter and kerosene by P0.20 per liter this week...
Philippines: Angara calls for implementation of feed-in tariff rates for RE.
March 30, 2011... Section: Business News - Senator Edgardo J. Angara has reiterated his warning that the Philippines is failing to take advantage of renewable energy (RE) with the lack of government support for the industry. Angara said that the Feed-In-Tariff...
Philippines: Megawide invests P709M for modular housing components.
March 30, 2011... Section: Business News - The Board of Investments has approved the P709 million project of Megawide Construction Corp. as new producer of modular housing components/systems. Megawide, the major contractor for the SM Group property developer...
Philippines: BSP to do everything to keep inflation expectations well-anchored, says Tetangco.
March 30, 2011... Section: Business News - The Bangko Sentral ng Pilipinas (BSP) is ready to take further actions on its policy rates to ensure that inflation expectations remain well-anchored and price stability is preserved. Central bank's overnight...
Philippines: BIMP-EAGA recognized as most megadiverse sub-region in the world.
March 30, 2011... Section: General News - Key officials from the Brunei Darussalam, Indonesia, Malaysia, and the Philippines-East ASEAN Growth Area (BIMP-EAGA) recognized the sub-region as the most megadiverse in the world during the BIMP-EAGA Ministerial...
Philippines: Davao business sector lays out plans to support public-private partnerships.
March 30, 2011... Section: Business News - The Davao City Chamber of Commerce and Industry, Inc. (DCCCII) Board has approved a resolution to lay out the framework for public private partnerships (PPPs) in what could be described as the latest bold move of the...
Philippines: Noodle processing plant expanding in Davao City.
March 30, 2011... Section: Business News - A noodle processing company will put up its manufacturing plant in this city early next year. Davao City Investment and Promotion Center (DCIPC) head Jason Magnaye said Nissin Monde, which processes food products,...
Philippines: 7-year Philippines T-bond rate up.
March 30, 2011... Section: Business News - Average rate of Philippines seven-year Treasury bond (T-bond) rose during an auction by the Bureau of the Treasury (BTr) Tuesday but it remains better than secondary market rates. The auction committee awarded in full...
Thailand: Election day to be peaceful, police general in charge says.
March 30, 2011... Section: Government and Politics - Pol General Aswin Kwanmuang, a noted crime-buster, on March 29 vowed to ensure a peaceful election after Deputy Prime Minister Suthep Thaugsuban assigned him to keep tabs on assassins-for-hire, The Nation...
Thailand: Former Pheu Thai Party executive Parnpree says he's not a candidate for prime minister.
March 30, 2011... Section: Government and Politics - Parnpree Bahiddha-Nukara on March 29 denied he was a candidate for prime minister, saying he was still taking a break from politics after resigning his position as Pheu Thai Party (Puea Thai Party) deputy...
Thailand: Deputy Prime Minister Suthep says Democrats won't form government wuith Pheu Thai Party.
March 30, 2011... Section: Government and Politics - Democrat Party secretary-general Suthep Thaugsuban on March 29 ruled out the possibility of his party forming a coalition government with its rival Pheu Thai Party (Puea Thai Party) after the general election,...
Thailand: Bangkok City Channel (to broadcast news about Bangkok around the clock.
March 30, 2011... Section: General News - The Bangkok Metropolitan Administration (BMA) on March 29 launched the Bangkok City Channel (BCC) to broadcast news about Bangkok around the clock via True Vision Channel 76 and a C-Band frequency, The Nation reports. ...
Thailand: Abnormal weather covers Thailand.
March 30, 2011... Section: General News - The extreme weather events that have assailed Thailand during what is normally midsummer - a severe cold snap in the northern half of the country and massive flooding in the South - have forced puzzled professors to throw...
Thailand: Cattle die from abnormally cold weather in the North.
March 30, 2011... Section: General News - Unseasonably cold weather in the North has killed more than 2,000 head of cattle in Chiang Mai's Omkoi district, with a sharp temperature drop to 7 degrees Celsius in some areas over the past few days, The Nation reports....
Thailand/Cambodia: Parliament defers consideration of minutes of Thailand-Cambodia Joint Boundary Commission meetings.
March 30, 2011... Section: General News - Move to consider minutes of meetings deferred until ruling on need for approval, The Nation reports. Parliament on March 29 suspended consideration of minutes of the Thailand-Cambodia Joint Boundary Commission (JBC)...
Thailand: President of think tank TRDI urges lifting price controls and subsidies.
March 30, 2011... Section: General News - The government should consider scrapping all price controls and changing its policy of subsidising selected goods and services, Nipon Poapongsakorn, president of the Thailand Development Research Institute, said on March...
Thailand: Finance Ministry forecasts GDP growth for this year.
March 30, 2011... Section: Economy - The Finance Ministry has maintained its estimate for this year's economic growth at 4-5 per cent, as exports and domestic consumption could help cushion the effect of rising oil prices and other negative factors, The Nation...
Thailand: Seminar speakers discuss Thailand's competitiveness.
March 30, 2011... Section: General News - Thailand needs both economic and social reforms if it really wants to achieve greater competitiveness, a seminar heard on March 29, The Nation reports. Panellists discussing the country's competitiveness during the...
Asia: Asean trade ministers agree to set up SME Advisory Board.
March 30, 2011... Section: Business News - Asean trade ministers have agreed to set up an SME Advisory Board to increase competitiveness of small and medium-sized enterprises, The Nation reports. The plan is part of preparations for the Asean Economic...
Thailand/Philippines: Electricity Generating Plc acquires Quezon coal-fired electric generation facility in Philippines.
March 30, 2011... Section: Business News - Electricity Generating Plc (Egco) today successfully acquired the Quezon coal-fired electric generation facility located in the Philippines at the price of $215 million, The Nation reports. The facility was sold by...
Thailand: Bangkok Commerce Asset Management to list on SET.
March 30, 2011... Section: Business News - Bangkok Commerce Asset Management (BAM) will apply for a listing in the Stock Exchange of Thailand in the final three months of the year, following the completion of its restructuring in the previous quarter, The Nation...
Thailand: Citicorp leasing sets loan growth target.
March 30, 2011... Section: Business News - Citicorp Leasing (Thailand) aims to boost personal-loan growth from 3.1 per cent last year to 10-15 per cent this year by launching five loan products and providing financial advice to middle-market and affluent...
Thailand: Corporate social responsibility (practiced by American International Insurance.
March 30, 2011... Section: Business News - Corporate social responsibility (CSR) has taken a permanent place in the activities of American International Insurance (AIA), one of the country's leading multinational insurers, with an annual budget of Bt40 million to...
Thailand: Executive Profile: Charlotte Donavanik, Managing Director, DhosPaak.
March 30, 2011... Section: Business News - Having taken up the top management position at DhosPaak, an internal communications agency of Thai Beverage, Charlotte Donavanik has made it her mission to turn the company into a profit-making provider of integrated...
Thailand: Toyota (Thailand) cuts car production due to parts delay from Japan.
March 30, 2011... Section: Business News - Toyota production is down by 10,000 units because it had to cancel overtime for the past two weeks after about 40 quake-damaged parts suppliers in Japan halted operations, The Nation reports. Suparat Sirisuwanangkura,...
Asia: AirAsia and US-based firm, Expedia Inc in joint venture focusing on Asia-Pacific.
March 30, 2011... Section: Business News - AirAsia and the world's largest online US-based firm, Expedia Inc, on March 30 announced the launch of a joint venture focusing on the Asia-Pacific, offering a full range of flights, hotels, and holiday packages, The...
Thailand: AirAsia sees bright business prospects.
March 30, 2011... Section: Business News - AirAsia sees bright prospects despite a wave of natural calamities and unrest in parts of the world, but is taking steps to cope with the situation by raising funds in key markets starting with Thailand and Indonesia as...
Thailand: Hemaraj Land and Development to revise upwards its 2011 land-sales target.
March 30, 2011... Section: Business News - Hemaraj Land and Development will revise upwards its 2011 land-sales target on expectation of relocations of foreign automobile, transport and petrochemical firms into the Kingdom, The Nation reports. The company...
Thailand: CP All Plc to continue managing 7-Eleven stores at PTT Plc petrol stations.
March 30, 2011... Section: Business News - PTT Plc and CP All Plc have inked a deal which extends the contract for the latter to manage 7-Eleven convenience stores at PTT fuel stations for another 10 years, The Nation reports. Piyawat Titasattavorakul,...
Thailand: Expert explains how building can me made safer against earthquakes.
March 30, 2011... Section: General News - With the recent seismic activity in Japan and Myanmar (Burma), issues have arisen on how safe the buildings are in Thailand, The Nation reports. Most of the modern high-rise buildings in the country have been designed...
Japan: Japan goes on maximum alert over nuclear power plant problems.
March 30, 2011... Section: General News - Japan said Tuesday the government is on "maximum alert" over a crippled nuclear plant where highly radioactive water has halted repair work and plutonium has been found in the soil, the Bangkok Post reports. The...
Cambodia/Thailand: Interview - Cambodian Deputy Prime Minister Tea Banh.
March 30, 2011... Section: General News - Cambodian Deputy Prime Minister Tea Banh says he has no idea when or if Thai Patriots Network coordinator Veera Somkwamkid and his secretary Ratree Pipatanapaiboon, would be granted a royal pardon and released from Prey...
Thailand: Parliament defers decision on Thai-Cambodian Joint Boundary Commission report.
March 30, 2011... Section: General News - Parliament has deferred its decision on the results of a study into the three minutes of the Thai-Cambodian Joint Boundary Commission due to the lack of a quorum, the Bangkok Post reports. The House will discuss the...
Thailand: Thailand send 2 gas turbine generators to Japan to provide electricity.
March 30, 2011... Section: General News - Thailand is sending two gas turbine generators to Japan to provide electricity in areas badly affected by the recent earthquake and tsunami, the Bangkok Post reports. The Electricity Generating Authority of Thailand...
Thailand: Sea water and soil samples from Trat province collected to test for possible radiation contamination.
March 30, 2011... Section: General News - Sea water and soil samples from the eastern province of Trat have been collected to test for possible radiation contamination, officials say, the Bangkok Post reports. The sea water testing, jointly conducted by the...
Thailand: Public hearing conducted of deaths at temple during political riots.
March 30, 2011... Section: General News - None of the six people killed at Wat Pathum Wanaram during the crackdown on anti-government protests on May 19 last year were armed, according to a public hearing on March 29, the Bangkok Post reports. Khunying...
Thailand: Automakers hope to resume normal production after lunar New Year.
March 30, 2011... Section: Business News - Local carmakers estimate the overtime stoppage begun two weeks ago in the wake of the Japanese disaster has cost them 10,000 vehicles to date, but normal production is expected to resume after next month's Songkran...
Thailand: Think tank TDRI comes out against price controls.
March 30, 2011... Section: Economy - The government should abolish its policy of controlling food prices, as it causes food shortages and affects farmers' incentives to stay in the industry, the Bangkok Post reports. Nipon Poapongsakorn, president of the...
Thailand: Finance Ministry plans to propose lifting the excise tax on two types of spirits to highest level allowed by law.
March 30, 2011... Section: General News - The Finance Ministry plans to propose lifting the excise tax on two types of spirits to the ceiling allowed by law, which could push up prices by almost 300 baht a litre, according to deputy minister Man Pattanothai, the...
Thailand: Energy planners to propose new policies for diesel subsidies.
March 30, 2011... Section: General News - Energy planners are scheduled to propose new policies for diesel subsidies on April 20, by which time the finances of the state Oil Fund are expected to be low, the Bangkok Post reports. The government is committed to...
Thailand: Citi Advance aims to extend 5-10% more personal loans this year.
March 30, 2011... Section: Business News - Citi Advance, a personal-loan unit under Citicorp Leasing (Thailand), aims to extend 5-10% more personal loans this year, with five new loan products to be launched, says Vira-anong Phutrakul, chairman of the board of...
Thailand: The Finance Ministry leaves this year's economic growth forecast unchanged at 4.5%.
March 30, 2011... Section: Economy - The Finance Ministry has left this year's economic growth forecast unchanged at 4.5% after carefully weighing both negative and positive factors, the Bangkok Post reports. Naris Chaiyasoot, director-general of the...
Thailand: Politicians comment on upcoming general election.
March 30, 2011... Section: Government and Politics - The coming general election would determine the success of political reconciliation and the continuity of economic policies, say key politicians, the Bangkok Post reports. Two members of key political...
Thailand: Thai Credit Retail Bank aims to increase its customer base.
March 30, 2011... Section: Business News - Thai Credit Retail Bank (TCRB) aims to increase its customer base to one million over the next few years by focusing on underserved people who are not covered by the social security net, says chief executive officer...
Thailand: Securities and Exchange Commission files criminal complaint against 4 people on suspicion of manipulating shares of Karat Sanitaryware.
March 30, 2011... Section: Business News - The Securities and Exchange Commission on March 29 filed a criminal complaint with the Department of Special Investigation against four people allegedly involved in manipulating shares of Karat Sanitaryware (KARAT), the...
Thailand: British biotechnology expert comments on R&D in applied sciences in Thailand.
March 30, 2011... Section: General News - Thailand has strong research and development in applied sciences which will help solve commercial problems, says David Dent, a British biotechnology expert, the Bangkok Post reports. The local R&D circle is based...
World: Technology enables patients and doctors to use Web portal to connect with specialists all over the world.
March 30, 2011... Section: General News - Technology opens new opportunities for patients and doctors to use a Web portal to connect with specialists all over the world, the Bangkok Post reports. Finding a doctor used to be a frustrating experience for people...
Thailand: Prospect Development Co launches Bangkok Free Trade Zone in Samut Prakan.
March 30, 2011... Section: Business News - Prospect Development Co has officially launched the Bangkok Free Trade Zone in Samut Prakan's Bang Phli district, offering space for manufacturers geared toward re-export to operate tax-free as long as the products are...
Thailand: Bangkok Commercial Asset Management financial advisor cites areas needing improvement before listing on stock market.
March 30, 2011... Section: Business News - Bangkok Commercial Asset Management Co (BAM) needs to improve its risk management, IT system, financial management and business before listing on the stock market, says its financial adviser, the Bangkok Post reports. ...
Thailand: Hemarai Land and Development president comments on investment plans.
March 30, 2011... Section: Business News - Hemaraj Land and Development Plc expects to lift its full-year land sales projection from 1,200 rai thanks to more automotive, petrochemical and logistics operators moving to Thailand, the Bangkok Post reports. David...
Thailand: RS Plc to launch its third satellite television channel.
March 30, 2011... Section: Business News - RS Plc, the country's second largest entertainment company, has invested 100 million baht to launch its third satellite television channel, expecting to earn 400 million baht from the satellite TV business this year, the...
Thailand: PTT Plc eyes overseas expansion.
March 30, 2011... Section: Business News - PTT Plc, the national energy conglomerate, is reviving its plans to expand the oil retail business outside of Thailand after several years of inactivity, the Bangkok Post reports. Saran Rangkasiri, executive...
Thailand: The Mall Group upgrades fashion offerings at its suburban stores.
March 30, 2011... Section: Business News - The Mall Group is upgrading the fashion offerings at its suburban stores this year, bringing them on par with its inner-city outlets in a bid to increase sales and reduce risk, the Bangkok Post reports. Malinee...
Thailand: TOT Plc now has a full 11-member board.
March 30, 2011... Section: Business News - TOT Plc now has a full 11-member board after the Finance Ministry assigned seven executives to serve as directors of the state telecom enterprise, the Bangkok Post reports. The new seven members are Suchart...
Thailand: True Move urges 15-year mobile licences for all operators.
March 30, 2011... Section: Business News - True Move, the country's third-largest mobile operator, has reiterated its call for the National Broadcasting and Telecommunications Commission (NBTC) to issue new 15-year mobile licences for all operators to end...
Thailand: Thai hotels see high occupancy rate in first two months of this year.
March 30, 2011... Section: Business News - Thai hotels enjoyed the highest occupancy rate in three years in the first two months of this year after local political conflicts had eased, according to the Thai Hotels Association (THA), the Bangkok Post reports. ...
Asia-Pacific: AirAsia in joint venture with online travel giant Expedia Inc.
March 30, 2011... Section: Business News - The budget airline group AirAsia on March 29 announced a joint venture with the online travel giant Expedia Inc to tap the emerging online travel booking market in Asia-Pacific, the Bangkok Post reports. The deal,...
Thailand: Thai public opinion on nuclear power plant.
March 29, 2011... Section: General News - In the latest wake of nuclear radioactivity in Japan, many Thais have protested against the government's plan to build a nuclear power plant on fears that it might harm lives and the environment. In the latest ABAC Poll,...
Thailand: PM's weekly national address: Southern floods.
March 29, 2011... Section: General News - Prime Minister Abhisit Vejjajiva spoke with two governors of Nakhon Si Thammarat and Phatthalung provinces in his national address this morning, expressing concerns over the flood situation and promising to help the flood...
Thailand: Radioactive crisis rouses the Thai society.
March 29, 2011... Section: General News - Japanese authorities recently detected high level of radioactive iodine in the sea near the nuclear power plant, Fukushima Daiichi, which was over 1,850 times above the limit Kyodo news agency reported that, additionally...
Thailand: National Warning Center told public to keep themselves updated.
March 29, 2011... Section: General News - Director of the National Disaster Warning Center Group Captain Somsak Kowsuwan has advised Thai people to keep themselves updated on natural disaster warnings through Radio Thailand's news report. According to Group...
Thailand: Poll finds people are more interested in news reports after the earthquake in Myanmar.
March 29, 2011... Section: General News - Suan Dusit Poll of Suan Dusit Rajabhat University conducted a recent survey on people's opinion on the recent earthquake in Thailand. Results showed that the incident has caused them to be more interested in news reports....
Thailand: DDPM announced 47 drought-affected provinces and 5 provinces in the South under severe floods.
March 29, 2011... Section: General News - The Department of Disaster Prevention and Mitigation, Vibul Sanguanpong announced drought in 47 provinces and severely inundated 5 in the South, with Nakhon Si Thammarat the most affected, causing damages to over 27,315...
Thailand: "No Death Zone" sign warns commuters during Songkran Festival.
March 29, 2011... Section: General News - The highway police will put up a road sign carrying a statement in Thai No Death Zone on Asia-Phahonyothin roads in a bid to reduce the number of death tolls during Songkran Festival this year. Superintendent Pol...
Thailand: Floods to be treated as national concern.
March 29, 2011... Section: General News - Prime Minister's Office Minister Sathit Wongnongtoey has been distributing relief bags to flood stricken residents in the South, adding that he will propose to the Cabinet today to include the crisis in the national...
Thailand: ABAC Poll reports best/worst behaviors of politicians.
March 29, 2011... Section: Government & Politics - Rhetoric and nepotism are found to be the best and the worst practices of politicians and government officials respectively, according to a recent survey by Assumption University Research Center (ABAC Poll)....
Thailand: FDA warns against using beauty clinic services, citing health concerns.
March 29, 2011... Section: General News - Food and Drug Administration (FDA) Secretary General Dr Pipat Yingseri has revealed that any beauty clinics found to have used forbidden chemicals in their practices will be prosecuted under the consumer protection policy...
Thailand: Thailand, cited as the top country of cam-cording in cinema.
March 29, 2011... Section: General News - Director General of the Department of Intellectual Property, Patchima Tanasanti disclosed the result of a survey made by the Motion Pictures Association (MPA) of the United States, on copyright infringement of...
Thailand: 32nd Bangkok Motor Show lively.
March 29, 2011... Section: Business News - The 32nd Bangkok International Motor Show is reportedly lively with over 300,000 visitors flocking to see displays of progressive innovation in the automotive industry in the first three days of the event. According...
Thailand: Short holidays offered upon concerns over disasters.
March 29, 2011... Section: General News - Domestic travel agencies have started to adjust their business operation by focusing on selling short tour packages after Thai people are found worrying about natural disasters and do not want to travel far. Tourism...
Thailand: NESDB says Thai econ remains strong.
March 29, 2011... Section: Economy - The National Economic and Social Development Board (NESDB) has reassured that the Thai economy remains strong and no adjustment is needed to the country's growth projection because of the natural disasters in Japan and the...
Thailand: Korn says govt trying to up income for people.
March 29, 2011... Section: General News - Finance Minister Korn Chatikavanij has stressed that the government has concrete measures to increase income for people in order to ensure that they can survive the currently high living costs. The minister stressed...
Thailand: Pheu Thai Spokesperson says PM is not doing his job effectively.
March 29, 2011... Section: Government & Politics - Pheu Thai Party Spokesperson, Promphong Nopparit complains that Prime Minister Abhisit Vejjajiva is not doing his job effectively. Mr. Promphong said Mr. Abhisit had disappointed the Opposition by not...
Thailand: Police deployment before election only a precuationary measure.
March 29, 2011... Section: Government & Politics - Deputy Prime Minister for Security Affairs Suthep Thuagsuban said police troops were expected to be deployed before the election to maintain law and order, adding that it was not any indication that violence...
Thailand: PM says pleaded everyone not to concoct political rumors to stir public opinions.
March 29, 2011... Section: Government & Politics - Prime Minister Abhisit Vejjajiva said he wished for a transparent election campaign, saying vote-buying wouldl undermine people's rights to vote, adding that Former Prime Minister Thaksin Shinawatra would be...
Thailand: PAD vows not to stand down.
March 29, 2011... Section: Government & Politics - PAD urges MP, Senators, and Prime Minister to clarify the impacts of the JBC meeting and will continue to rally despite House dissolution. Maj.Gen. Chamlong Srimuang, a core leader of the People's Alliance...
Thailand: PM comments on Anand Panyarachun's proposed resignation.
March 29, 2011... Section: Government & Politics - Prime Minister Abhisit Vejjajiva gave an interview on reports of Mr. Anand Panyarachun. Chairman of the National Reform Commission and committee members' proposed resignation 7 days before the general...
Thailand: Suthep says govt trying to help 2 Thais in Cambodia.
March 29, 2011... Section: Government & Politics - Deputy Prime Minister for Security Affairs Suthep Thaugsuban has confirmed that the government is trying to speed up the process to help two Thai detainees in Cambodia. Speaking about the assistance to...
Thailand: Suthep dismisses another coup rumor.
March 29, 2011... Section: Government & Politics - Deputy Prime Minister overseeing Security Affairs Suthep Thaugsuban has dismissed a rumoured coup d'etat before the upcoming house dissolution, stressing that all sides must walk towards a new election. Mr...
Thailand: Police issues arrest warrant for Porsche driver.
March 29, 2011... Section: General News - Pathum Thani Police have identified the driver of a brand-new Porsche whch fatally slammed into a 17 year-old late last week. An arrest warrant has been issued for him after he failed to turn himself in to authorities. ...
Thailand: 5 deaths in southern floods; 3 crocodiles on the loose.
March 29, 2011... Section: General News - The southern provinces continue to experience severe floods, with Nakorn Sri Thammarat worse hit. 22 districts have been affected and five deaths have resulted from the disaster. Tha Sala district is the worst hit with...
Thailand: PM visits site of fire in Nakhon Ratchasima Province.
March 29, 2011... Section: General News - The prime minister has traveled to Nakhon Ratchasima province to campaign on the government's welfare policies and to visit a local market that was partially destroyed in a fire. Yesterday, Prime Minister Abhisit...
Thailand: PAD to appear in Parliament to clarify opposition against JBC.
March 29, 2011... Section: Government & Politics - The People's Alliance for Democracy is prepared to give its argument in Parliament on its opposition against the Thai-Cambodian Joint Boundary meeting reports. The group claims the premier has not been...
Thailand: Porsche driver turns himself in.
March 29, 2011... Section: General News - The driver of a brand-new Porsche who slammed into a 17 year old girl from Laos turned himself in to police yesterday. The driver of a red-plated Porsche, Peerapol Thaksinthaweesap, who slammed into 17 year old Kambai...