GO
Loading...

Thailand

More

  • *Army seized power on May 22 in bid to end unrest, lift growth. BANGKOK, Nov 17- Thailand's economy grew much less than expected in the July-September quarter as exports and tourism contracted, forcing the authorities to again cut the country's growth forecast for 2014.. Southeast Asia's second-largest economy grew 1.1 percent in the third quarter from the prior...

  • *Army seized power on May 22 in bid to end unrest, lift growth. BANGKOK, Nov 17- Thailand's economy grew much less than expected in the July-September quarter as exports contracted, forcing the authorities to again cut the country's growth forecast for the year. The army seized power on May 22 in a bid to end the crisis and kick-start the sputtering economy, but...

  • G-20 summit to be test of forum's staying power Friday, 14 Nov 2014 | 2:13 AM ET

    BRISBANE, Australia— The annual G-20 leadership summit that groups democrats with authoritarians and rich nations with poor has long suffered from a perception it's all talk and no action. Prompting pressure for tangible results at the Group of 20' s Brisbane summit this weekend, experts say, are comments from the International Monetary Fund warning about a "...

  • *Army seized power on May 22 in bid to end crisis. BANGKOK, Nov 14- Thailand's economy probably expanded slightly in the third quarter after a military coup in May returned some stability to the country, but the pace of recovery will likely be slower than expected as exports and domestic demand remain sluggish. "Fragile domestic demand and weak exports temper high...

  • Thai police bans book criticizing monarchy Thursday, 13 Nov 2014 | 12:38 AM ET

    The book, "A Kingdom in Crisis: Thailand's Struggle for Democracy in the Twenty-First Century," has contents that defamed the monarchy and "will affect the kingdom's stability, order or the good morality of the people," national police chief Gen. The book, which had not gone on sale in Thailand, was written by Andrew MacGregor Marshall, a former journalist with Thomson...

  • Food agency has funds to stay in N. Korea, for now Monday, 10 Nov 2014 | 2:42 AM ET

    TOKYO— The U.N. agency that has provided food aid to North Korea for nearly two decades says it has enough donations to stay open for the rest of this year but is uncertain whether it will be able to operate there beyond next March. Donors have been less generous with the North because of concerns over political issues there and the perception that aid is more...

  • *Committee votes 6-1 to keep rate at 2.0 pct; one wanted a cut. BANGKOK, Nov 5- Thailand's central bank left the door open to a possible cut in interest rates as the economy is growing more slowly than it forecast earlier, but held its policy rate steady on Wednesday. The Bank of Thailand said at a policy review it would cut its GDP forecasts this year and next, although...

  • BANGKOK, Nov 5- Thailand's central bank left its benchmark interest rate unchanged on Wednesday, as expected, but said there was still room to cut rates if needed as economic growth slows. The Bank of Thailand said it would cut its economic growth forecasts this year and next, but noted exports were poised to gradually pick up next year with the global recovery.

  • BANGKOK, Oct 31- Thailand's factory output fell but exports and consumption rose on Friday, suggesting the economy is struggling to gain momentum after a coup ended months of political unrest five months ago. "Overall, Thailand's economy is seeing a gradual recovery but the environment is still weak in terms of household spending and private investment," said...

  • BANGKOK, Oct 30- Sixteen years old and studying 13 hours a day, high school pupil Worapot doesn't have time to waste matching up to a military-led government's idea of what makes a good Thai. "Now the system might get even worse," said Worapot, as he sat on the steps of a language school in a bustling Bangkok shopping district where he is taking extra lessons in English.

  • *Thailand is world's biggest exporter, producer of rubber. BANGKOK, Oct 17- Thailand's government has announced a series of measures to support rubber farmers reeling from a slump in global prices to five-year lows, helping push up futures in Tokyo and Shanghai by almost 5 percent at one stage on Friday. The steps announced late on Thursday include nearly $1...

  • *Thailand is world's biggest exporter, producer of rubber. BANGKOK, Oct 17- Thailand's government has announced a series of measures to help rubber farmers reeling from a slump in global prices to five-year lows, helping push up futures in Tokyo and Shanghai by nearly 5 percent on Friday. The steps include nearly a billion dollars in funds to finance rubber...

  • Global sugar mills retrench as depressed prices take toll Wednesday, 8 Oct 2014 | 11:36 AM ET

    LONDON/ SAO PAULO, Oct 8- Squeezed margins in sugar mills, caused by depressed prices after years of global over-supply, are hastening closures and consolidation in the sector, potentially eroding global output and supporting prices. Faced with declining revenues, more sugar mills in top producer Brazil are expected to shut in the coming months, while...

  • KUALA LUMPUR/ JAKARTA, Oct 3- September marked a turning point for Southeast Asia's foreign exchange and stock markets, ending a six-month run of capital inflows as the dollar's broad rally drew investors' attention to the currency risk and exalted valuations in these markets. Even though the cumulative net foreign investment was positive in the four...

  • BANGKOK, Oct 2- Consumer confidence in Thailand dropped in September for the first time since May's military coup, a university survey showed, adding to evidence that authorities haven't yet been able to get an economic recovery on track. Consumption is a pivotal engine of growth in Thailand, so getting Thais to spend more is crucial for reaching the growth...

  • "Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.

  • YANGON, Oct 1- Myanmar has granted nine foreign banks, including three Japanese lenders and Australia's ANZ, approval to operate on a limited basis- a move aimed at spurring foreign investment in an economy emerging from decades of military rule.

  • TOKYO/ BANGKOK, Oct 1- Three major Japanese banks are among foreign banks that have been granted limited operating licences in Myanmar, a move that Myanmar's government hopes will spur foreign investment in an economy emerging from decades of military rule.

  • BANGKOK, Sept 30- Thai factory output dropped for a 17th straight month and a central bank index showed consumption slipped in August, the latest signs that the country's economy is still sputtering.

  • *Commerce Ministry sees 2014 exports up 0.5-1.0 pct, not 3.5 pct. BANGKOK, Sept 29- Thai exports unexpectedly fell the most in August since flooding in late 2011 paralyzed the economy, putting pressure on the military government to speed up stimulus measures.