Thailand News and Press Releases

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October 31, 2008

Kiatnakin Bank reported 20% rise in Q3 profit Net Profit at 1,532 million baht in 9 months

Kiatnakin Bank reported 20% rise in Q3 profit Net Profit at 1,532 million baht in 9 months

01 Nov 08 00:54
Kiatnakin Bank reported a 20%yoy jump, or 674 million baht, in the net profit for the third quarter. The nine-month net profit stands at 1,532 million baht, up 3% from the same period last year, while hire purchase loans growth remained at 30.3%ytd.
Photo Release: General Motors ‘Smart Drive Smart Life by Chevrolet’ At Amari Orchid Resort & Tower

Photo Release: General Motors ‘Smart Drive Smart Life by Chevrolet’ At Amari Orchid Resort & Tower

01 Nov 08 00:41
General Motors Thailand, led by Mr. Antonio Zara, Vice President of GM Thailand/ ASEAN Sales, Marketing and After Sales (4th right) and Khun Pairat Khunamornlert, Managing Director, Chonburi Auto Centre (Chevrolet) (3rd right), recently hosted its 2008
Photo Release: 5-Star Ocean Tower impressed Russian Media

Photo Release: 5-Star Ocean Tower impressed Russian Media

01 Nov 08 00:28
The leading Russian Press led by Ms. Tatyana Gromyko, Editor in Chief of Perfectum Media (3rd right), were recently given a warm welcome by the Sales & Marketing Team of Amari Orchid Resort & Tower, with Khun Chutima Konfai, Assistant Director of Sales &
Photo Release: Citadines, Brand New Serviced Residence On Sukhumvit Rd.

Photo Release: Citadines, Brand New Serviced Residence On Sukhumvit Rd.

01 Nov 08 00:23
Mr.Chaiwat Utaiwan, CEO and President of Siam City Bank and Mr.Prakit Piriyakiet, Executive Director, ASEAN, South Asia and South Pacific Region Department, Tourism Authority of Thailand (TAT) presided over the Vibrant Party to celebrate the grand
Photo Release: SCB to join Chiang Mai Money Expo and offer a chance to win a free package tour to 3 European countries

Photo Release: SCB to join Chiang Mai Money Expo and offer a chance to win a free package tour to 3 European countries

01 Nov 08 00:20
SCB will join the “Chiang Mai Money Expo 2008: Wise Investment for Better Opportunities” during 7-9 November 2008 at the Chiang Mai University Auditorium. This is the third Money Expo held in Chiang Mai. Customers applying for an SCB product
APC’s InfraStruXure Central, Change Manager and Capacity Manager Enable Comprehensive Datacenter Management with Predictive Simulation and Modeling

APC’s InfraStruXure Central, Change Manager and Capacity Manager Enable Comprehensive Datacenter Management with Predictive Simulation and Modeling

31 Oct 08 23:50
APC’s New Management Suite Provides Support for Multi-Vendor Environments APC by Schneider Electric, a global leader in integrated critical power and cooling services, today announced a new version of APC InfraStruXure(R) Central, Capacity Manager
Gorgeous Gourmet December

Gorgeous Gourmet December

31 Oct 08 23:21
Mantra Restaurant & Bar presents a memorable December, with a glorious selection of the most popular gourmet cuisine from the fabulous monthly promotions throughout the year, courtesy Mantra’s fabulous Superchef Supachai. Dress up and get down to
Program Title: Return to Sandakan Sunday, November 2, 2008

Program Title: Return to Sandakan Sunday, November 2, 2008

31 Oct 08 23:17
Program Title: Return to Sandakan Telecast date: Sunday, November 2, 2008 Telecast Time: 7.00 p.m. (Thai) Return to Sandakan examines the personal impact today of one of the most horrific events of the Pacific war - the tragedy of the Sandakan POW camp
SAMIR WILDEMANN APPOINTED GENERAL MANAGER AT SOON-TO-OPEN RADISSON HOTEL BANGKOK SATHORN

SAMIR WILDEMANN APPOINTED GENERAL MANAGER AT SOON-TO-OPEN RADISSON HOTEL BANGKOK SATHORN

31 Oct 08 23:15
Carlson Hotels Worldwide – Asia Pacific, one of the world’s largest privately-held hotel companies, has appointed hospitality industry veteran Samir Wildemann as General Manager at the Radisson Hotel Bangkok Sathorn, the new leading upscale,
Pina Colada: December Cocktail of the Month @ ICE

Pina Colada: December Cocktail of the Month @ ICE

31 Oct 08 23:12
Experience this richly refreshing cocktail of the month, Pina Colada, while relaxing on the cool surrounds of ICE Bar at Amari Orchid Resort & Tower, Pattaya. Vibrant yet oozing with elegant flair, ICE Bar & Lounge is the place to see and be seen.
“All Star” Back by Popular Demand

“All Star” Back by Popular Demand

31 Oct 08 22:54
The “All Star” Band returns to Concept CM2 of Novotel Bangkok on Siam Square! This famed international band – known for delivering one hell of a show -- will perform nightly except Wednesdays from 10:15 p.m. onwards. Flash: We have
Raimon Land Awards Winner Of Hit Reality TV Show “Superstar” THB10 million Condominum

Raimon Land Awards Winner Of Hit Reality TV Show “Superstar” THB10 million Condominum

31 Oct 08 21:00
The Raimon Land-sponsored hit reality television series, Superstar, came to an exciting end with the winner, actor Akara “Gof” Amarttayakul, being awarded a two-bedroom luxury condominium at The Lofts Yennakart, valued at THB10 million. Mr.
Acer grants special privilege With the fabulous campaign Get More with Acer…Make a wish

Acer grants special privilege With the fabulous campaign Get More with Acer…Make a wish

31 Oct 08 21:00
Acer Computer Co., Ltd., Thailand’s No. 1 computer maker, launches the new campaign Get More with Acer … Make a wish to both new and existing customer who purchase all of Acer product nationwide to register at www.acer.co.th/register from
Motorola MOTO ZN200: Put style and fun in your life Newest Motorola handset makes you a mobile maestro

Motorola MOTO ZN200: Put style and fun in your life Newest Motorola handset makes you a mobile maestro

31 Oct 08 20:40
Motorola (NYSE: MOT), a global leader in wireless communications, recently launched the MOTO ZN200, the latest addition to Motorola’s family of media-optimized mobile devices. A sleek slider combining fun and style, the MOTO ZN200 offers intuitive
Thanksgiving Feast at  Novotel Siam Square

Thanksgiving Feast at Novotel Siam Square

31 Oct 08 20:26
Feasting is one of the best features of Thanksgiving Day. And that’s what The Square of Novotel Bangkok on Siam Square is certainly doing for dinner on November 27. To get you in the spirit of things, the Square is laying out a truly fantastic
Is Going Green Really More Cost Efficient?

Is Going Green Really More Cost Efficient?

31 Oct 08 20:17
Yes, is the answer. In a recent poll conducted by Hitachi Data Systems Corporation, a wholly-owned subsidiary of Hitachi, Ltd. (NYSE: HIT) and the only provider of Services Oriented Storage Solutions, an astounding 83% of the respondents stated that
Program Title: Ancient Super Ballistics Channel: The History Channel on TrueVisions (A23) and (D48)

Program Title: Ancient Super Ballistics Channel: The History Channel on TrueVisions (A23) and (D48)

31 Oct 08 20:02
Program Title: Ancient Super Ballistics Channel: The History Channel on TrueVisions (A23) and (D48) Telecast date: Sunday, November 2, 2008 Telecast Time: 9.00 p.m. (Thai) We reveal how the science and technology of ballistics actually dates back
True Introduces http://schoolbus.truelife.com, a brand-new community website for students

True Introduces http://schoolbus.truelife.com, a brand-new community website for students

31 Oct 08 19:51
True Introduces http://schoolbus.truelife.com, a brand-new community website for students Highlighting Online Tutoring for the First time in Thailand To create an online community for students throughout Thailand, TrueLife of True Corporation Plc has
Photo Release: HTC Touch Pro PDA phone wins Distinguished Award at COMWORLD event

Photo Release: HTC Touch Pro PDA phone wins Distinguished Award at COMWORLD event

31 Oct 08 18:42
Pictured (from left): Nattawat Woranopkul, Country Manager of HTC (Thailand) Ltd., receives a COMWORLD Distinguised Award from former Deputy Prime Minister and Minister of Finance Surapong Subwonglee, as Wiroj Asawarungsri, Managing Director of The
Loy Kratong Dinner at De Naga Chaing Mai...

Loy Kratong Dinner at De Naga Chaing Mai...

31 Oct 08 16:53
De Naga Hotel, Chiang Mai a new luxury boutique hotel designed in Northern Thai style. Conveniently located next to Tha Pae Gate in the old city where shopping and cultural attractions are within walking distance. The hotel is now preparing the Special

UN Meeting to Focus on Links Between Gender, Poverty and Energy in Developing Nations

01 Nov 08 00:07
Women in developing countries are amongst those most affected by a lack of access to energy sources such as modern fuels and electricity. Their long hours spent on daily survival tasks – fuel gathering, cooking and household chores – mean

PHUKET APARTMENT MARKET POSITIVE WITH OVER 85% SOLD

01 Nov 08 00:05
According the latest survey on the Phuket apartment market by CB Richard Ellis Thailand, the country’s leading property consultants, 116 units in four projects were completed Q2 2008, driving the first half 2008 new Phuket apartment supply to 189

THE THAI PROPERTY MARKET UNDER THE CURRENT GLOBAL MORASS

01 Nov 08 00:04
Most global property markets and falling - where does this leave Thai property and the foreign dominated resort market? Not the most comfortable question to ask or answer in view of the current global morass. A recent letter to the Bangkok Post expressed

AsiaNet Daily Summary - Press Releases for Friday Oct. 31, 2008

01 Nov 08 00:01
WATCHDATA SHOWCASES... PARIS: Watchdata, a well-established and recognized pioneer in smart card and contactless technology solutions will be participating and showcasing its latest smart card products at the 2008 Cartes tradeshow in Paris, France from

786 Issuers Face Downgrade Risk, A Three-Year High, Article Says

31 Oct 08 23:51
The number of potential downgrades reached 786 this month, the highest since September 2005, said an article published today by Standard & Poor's. This is an increase of 28 issuers over last month's count. Potential downgrades are defined as entities

PATA partners with STCRC and EC3 Global to build tourism sustainability

31 Oct 08 20:20
The Pacific Asia Travel Association (PATA) has partnered with the Sustainable Tourism Cooperative Research Centre (STCRC) and its subsidiary arm EC3 Global in the drive to encourage sustainable tourism and increase awareness about climate change. A

The first international branded upper mid-scale hotel set to open on Nha Trang beach

31 Oct 08 19:07
Novotel Nha Trang, Accor’s new jewel, is due to open on 15 November 2008 and will welcome guests for the forthcoming Christmas, New Year and the Tet Festival. Nha Trang is a coastal city on Vietnam’s South Central coast and is one of the

Pullman sets the pace for upscale hotel expansion in Asia Pacific

31 Oct 08 19:04
Accor’s new 5-star brand, Pullman, is setting the pace for upscale hotel development in the Asia Pacific region. By 2015, the network is expected to expand to a total of up to 100 hotels, with a significant presence across the region, including

Research key to travel industry tie-ups

31 Oct 08 17:36
Research is a key driver to improved partnerships between all stakeholders in the travel & tourism industry including, amongst others, airlines, hotels, tour operators and national tourism authorities. That's the view that PATA's Strategic Intelligence

Deutsche Bank reports 3Q 2008 net income of EUR 414 million

31 Oct 08 17:12
Deutsche Bank reported net income of EUR 414 million, versus EUR 1.6 billion in the third quarter 2007. Earnings per share on a diluted basis were EUR 0.83 for the third quarter 2008, versus EUR 3.31 per share in the prior year quarter. Income before

Westpac offers a helping hand to small business

31 Oct 08 17:10
Westpac has further extended its support to Australia's small businesses, following the Federal Government's recent Small Business Summit. Westpac's Group Executive Retail and Business Banking Peter Hanlon, who attended the summit, said Westpac was

Statement by EMEAP Monetary and Financial Stability Committee

31 Oct 08 17:08
In view of the adverse developments and volatility in the international financial markets, the Monetary and Financial Stability Committee ("MFSC") of the Executives’ Meeting of East Asia-Pacific (EMEAP) Central Banks held a number of special

The Beatles Inspire New Music Video Game; Apple Corps Ltd., MTV and Harmonix Come Together for Unprecedented Deal

31 Oct 08 16:56
Exclusive Agreement Set to Bring The Beatles Music to Fans for the First Time in Interactive Form Here, There and Everywhere in 2009 The Beatles' extraordinary music and phenomenal legacy is set to rock across the universe in the form of a video game

HSBC maintains best lending rate at 5.25% in Hong Kong

31 Oct 08 16:49
The Hongkong and Shanghai Banking Corporation Limited has announced that it will not change its best lending rate, which is currently at 5.25 per cent. HSBC’s best lending rate was last changed on 20 March 2008, when it was lowered by 50 basis

ABA meets with SEC: Voices concern over fair value accounting

31 Oct 08 16:42
The American Bankers Association met with the Securities and Exchange Commission today in the first of two scheduled roundtable discussions on fair value accounting and current market conditions. Representing the ABA, Aubrey Patterson and Randy Ferrell

Moody's takes action on Pakistani banks' deposit ratings

31 Oct 08 16:08
Local currency ratings downgraded; foreign currency ratings placed on review for downgrade Moody's Investors Service has downgraded the long-term local currency deposit ratings of all four rated Pakistani banks -- National Bank of Pakistan, Habib Bank

Moody's: Outlook for Kuwaiti banking system shifting to negative

31 Oct 08 16:02
The fundamental credit outlook for the Kuwaiti banking system is stable to negative. This reflects, on the one hand, the still good operating environment and the sector's good financial fundamentals, but on the other hand, Kuwaiti banks' high exposure to

Moody's affirms KBC after Belgian government's capital injection

31 Oct 08 16:00
KBC Bank's ratings remain at B-/Aa2/P-1 negative outlook and KBC Group's at Aa3/P-1 negative outlook Moody's Investors Service announced that the ratings of KBC Group and its subsidiaries (including KBC Bank) are unaffected by the announcement of a E3.5

Fitch Web Cast: The State of the Consumer, Today, 9p.m. SG/HK

31 Oct 08 15:35
Fitch Ratings will host a Web cast to discuss the latest trends in the U.S. credit market including the consumer impact on the U.S. corporate and structured finance sectors. The Web cast will consist of three sessions: Credit Market Update: Mariarosa

Thai bourse terminates listing fees for bonds and extends waiver of bond trading fees

31 Oct 08 14:39
The Stock Exchange of Thailand (SET)’s Board of Governors (BoG) terminated the listing fee for bonds and also extended the waiver of trading fees for bonds (only) until end-2009. The BoG’s decision applies to fees collected for listing bonds