Adithep Vanabriksha, CIO at Aberdeen Asset Management, discusses the initial public offering market in Thailand which is heating up with 30 companies and trusts waiting to be listed.» Read More
"It is not true that we have placed any orders with CPF," McDonald's Japan spokesman Takashi Hasegawa said on Thursday. McDonald's Japan said last month it would source all of its chicken meat from its two existing suppliers in Thailand, McKey Foods Services Ltd and Cargill Thailand.
*Army seized power on May 22 in bid to end crisis, spur growth. BANGKOK, Aug 18- Thailand avoided recession in the second quarter, though doubts remain about how robustly it can recover after the army stepped in to end political unrest and seek to lift a stumbling economy.
Santitarn Sathirathai, Head of Southeast Asia and India Economics Research at Credit Suisse, outlines the domestic and external factors that will likely impact the Thai economy.
*Army seized power on May 22 in bid to end crisis. BANGKOK, Aug 18- Thailand's economy expanded 0.9 percent in April-June from the previous three months, avoiding a technical recession, the planning agency said on Monday.
Fred Gibson, Associate Economist at Moody's Analytics, says challenges remain in the Thai economy despite an upside surprise in the country's second quarter gross domestic product.
Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist at Morgan Stanley, explains why he's overweight on Singapore. He also discusses the outlook for Indonesian and Thai stocks.
BANGKOK, Aug 14- Thailand's military government will likely cut the floor price for sales from the country's mammoth rice stocks after it failed to shift any grain in its first tender last week, a senior government official said on Thursday.
V. Anantha Nageswaran, CEO at Vansight, says domestic events will insulate India, Thailand and Vietnam from global geopolitical risks.
*Army seized power on May 22 after months of political tensions. BANGKOK, Aug 7- Data from University of the Thai Chamber of Commerce:. On May 22, the Thai army seized power.
Kobsidthi Silpachai, head of capital markets research at Kasikorn Research, says the Thai government is committed to keeping inflation down and that the country's growth should be below trend this year.
Rahul Bajoria, Regional Economist at Barclays, says the Bank of Thailand will stand pat on interest rates for the time being and explains why the country won't be vulnerable to a Fed rate hike.
BANGKOK, July 31- Thailand's central bank on Thursday insisted that economic activity "likely" picked up in the second quarter, one day after weak data fuelled concerns the country may have slipped into a recession after months of political turmoil.
*Finance Ministry cuts 2014 GDP growth f'cast to 2 pct from 2.6 pct. The poor output figures increases worries that Southeast Asia's second-largest economy may have slipped into recession in the second quarter, though the Finance Ministry said there was a little growth in April-June.
BANGKOK, July 30- Thai factory output fell nearly twice as much as expected in June, the latest piece of data signaling that eased political tension is not yet generating a revival for the struggling economy. In June, factory output dropped 6.6 percent from a year earlier, the Industry Ministry said on Wednesday.
Adithep Vanabriksha, Deputy Chief Investment Officer at Aberdeen Asset Management, explains why Thailand's outlook has improved. He also names the Thai stocks which offer attractive valuations.
*Mozambique coal ambitions face setback in depressed market. MAPUTO, July 22- A Thai-Mozambican consortium has set a 2018 target to commission a $4.5 billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president said.
Thitinan Pongsudhirak, Director of the Institute of Security and International Studies, Chulalongkorn University, says the "happiness fair" is an effort from the junta party to promote reconciliation.
MUMBAI/ BANGKOK, July 21- Thailand is set to reclaim its status as the world's top rice exporter as weak monsoon rains curb India's crop, helping the Southeast Asian country's new military government offload bulging stockpiles.
*Qantas, British Airways among airlines to avoid Ukraine. SYDNEY, July 18- Qantas Airways and several other airlines altered their flight paths some time ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
*Qantas, Air Berlin among airlines to shift route ahead of crash. SYDNEY, July 18- Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.