MCOT

KHON KAEN, Sept 16 -- Several provinces in Thailand are still underwater while more rainfall is forecast across the country through Thursday.

Flooding continues in the northeastern province of Khon Kaen. 

Wednesday, 17 September 2014 14:32

Thai firm invests in solar cell project in Japan

Ratchaburi Holding has joined with the Chow Group to invest in two solar cell projects in Japan, with a total capacity to generate 33 megawatts of electricity.  They plan to sell this solar cell produced electricity commercially by 2016.

The Commerce Ministry has planned to boost Thai exports to New Zealand by eight percent in 2014 from last year, said Nantawan Sakuntanak, director-general of the International Trade Promotion Department.

Wednesday, 17 September 2014 14:26

New natural gas field found in Udon Thani

A new natural gas field that could be used for the production of electricity and natural gas for vehicles has been found in the northeastern province of Udon Thani, said Kurujit Nakornthap, director-general of the Mineral Fuels Department.

Kurujit said a petroleum explorer near the Sin Phu Hom natural gas field in Udon Thani had informed him that it they had discovered the new natural gas field nearby and that they had told the Electricity Generating Authority of Thailand (EGAT) so that the latter could amend its plans for electricity production.

He said PTT Exploration and Production has already announced that gas reserves at the Sin Phu Hom field could produce natural gas for at least 15 years and EGAT has asked for an extension to buy natural gas from PTT for another three years, ending in 2024.

To date, two commercial scale natural gas fields have been found in the northeastern region.

The first, in Nam Phong district of Khon Kaen province is now producing 10-15 million cubic feet per day, compared to the 100 million cubic feet per day previously.

Kurujit said EGAT plans to construct a new electricity plant to take the place of the Nam Phong electricity plant, which would be used until 2024, as the demand for electricity in the northeast ha been rising more than 4.5 percent annually.

BANGKOK, Sept 15 -- Thailand is awaiting a decision by the Vietnamese government on developing petrochemical and oil refineries there, according to Pailin Chuchottaworn, chief executive officer of PTT Plc.

Tuesday, 16 September 2014 14:32

Finance ministry to restructure taxes

BANGKOK, Sept 15 --  Finance Minister Sommai Phasi on Monday asked ministry officials to amend several fiscal policies, aimed at enabling Thailand’s economy to sustain growth.

Tuesday, 16 September 2014 14:30

Investment in northern Asian bourses attractive

BANGKOK, Sept 15 -- Investors are advised to invest in stock markets in China, Hong Kong, Taiwan and South Korea on positive signs that their economies would continue to sustain growth while Asian stock markets have started to rebound, said Komsorn Prakobphol, a senior investment strategist at Tisco Wealth. 

BANGKOK, Sept 13 --  The United States and Japanese ambassadors to Thailand have held discussions with Deputy Prime Minister and Foreign Affairs Minister Gen Thanasak Patimaprakorn, who informed them that the interim Thai government would do everything possible to strengthen the Association of Southeast Asian Nations (ASEAN). 

BANGKOK, Sept 13 -- Members of the National Legislative Assembly (NLA) have given support to the government’ policy covering 11 areas, urging the new interim administration of Gen Prayuth Chan-ocha to be determined in suppressing corruption prevailing in Thailand.

TRANG, Sept 15 -- Thailand's southern province of Trang, currently hampered by severe downpours and flooding, has closed six waterfall attractions as a safety precaution, while Prachin Buri in the east is facing another round of flooding, which is affecting large numbers of villagers.

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