BANGKOK, 22 April 2011 (NNT) – The global gold price will possibly hit a new high of 1,600 US dollars per ounce by the end of the year while the domestic price may rocket to 22,000 baht per one-baht weight in the third quarter. YLG Bullion and Futures CEO Tipa Nawawattanasup stated that the gold […]
BANGKOK, April 16 — Prices of gold ornaments and gold bars hit a new record high in Thailand early Saturday, due to sharp increase in global gold prices resulting from worries over continued rising oil prices and inflationary pressure in overseas, said Jitti Tangsitthiphakdi, chairman of the Gold Traders Association. Mr Jitti said his association […]
BANGKOK, 12 April 2011 (NNT) – The global gold price has hit a new all-time high of 1,476 US dollars per ounce due to speculation while investors are suggested that they should exercise caution in gold trade as the price might plummet sharply. Gold Traders Association President Jitti Tangsitthibhakdi attributed the new record high to […]
Thai Airways will increase the fuel charge for international flights starting from April 18 onwards, and for European flights starting from May 2. Thai Airways International has announced that the company will raise the fuel surcharge for international-flight passengers. The company said it will be changing the fees to reduce fuel expenditures, in line with […]
A World Bank economist in Thailand is warning even if tensions ease in the Middle East, oil prices will remain high due to high demand from China, India and other industrialized countries. High oil and commodity prices are contributing to inflation, which is now seen as a key concern in Thailand and throughout the region. […]
BANGKOK, 4 April 2011 (NNT) – Domestic oil retailer and refinery PTT Plc has increased retail oil prices by 50 satang per liter for all products across the board except for E85, which will be increased by 30 satang, from today at 05.00 hrs onwards. Retail oil prices in Bangkok and vicinities are as follows: […]
BANGKOK, 30 March 2011 (NNT)-President of Thai Airways International PCL Dr. Piyasawat Amaranand said the government should let the market mechanism determine the fuel prices while encouraging the use of renewable energy in the country by advising related agencies to cancel the sales of benzene 91 across Thailand. Dr. Piyasawat said the government’s efforts in […]
PHUKET police were called to intervene in a dispute between US Navy personnel and local taxi drivers at Phuket’s deep sea port this week. Tuesday’s rumpus at Ao Makham was described today as a “negotiating snafu” by a spokesperson for the US Embassy, who said the disagreement involved a price misunderstanding. It is believed the […]
