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  • BANGKOK, March 31- The Thai central bank's private consumption index crept up in February, but it said economic recovery continued to be slow and was being driven mainly by the return of tourists. On Tuesday, the Bank of Thailand released a raft of economic indicators that showed consumption and investment remain weak 10 months after the army seized power to end...

  • BANGKOK— The head of Thailand's ruling junta may use extraordinary constitutional powers to expedite safety improvements in the aviation sector, which is facing international sanctions, the country's transport minister said Monday. The International Civil Aviation Organization this month designated Thailand's air safety standards as a cause for...

  • *Feb output +3.55 pct y/y, first increase since March 2013. BANGKOK, March 30- A 22- month streak of declining Thai factory output has ended, lifting hopes for an economic recovery, but a member of the country's monetary policy committee warned that the traditional growth drivers are "not really working anymore". The Industry Ministry said factory output in...

  • *Confident of recovery this year- Industry Ministry official. BANGKOK, March 30- Thai factory output unexpectedly rose in February from a year earlier, ending a 22- month streak of falls and giving some hope of improvement in the beleaguered economy. The Industry Ministry said output in Southeast Asia's second-largest economy in February rose 3.55 percent...

  • About 4,000 fishermen stranded on Indonesian islands Saturday, 28 Mar 2015 | 12:14 AM ET

    JAKARTA, Indonesia— The number of foreign fishermen stranded on several remote eastern Indonesian islands has spiraled to 4,000, including some revealed in an Associated Press investigation to have been enslaved. Many are migrant workers abandoned by their boat captains after the government passed a moratorium on foreign fishing five months ago,...

  • About 4,000 fishermen stranded on Indonesian islands Friday, 27 Mar 2015 | 7:04 PM ET

    JAKARTA, Indonesia— The number of foreign fishermen stranded on several remote eastern Indonesian islands has spiraled to 4,000, including some revealed in an Associated Press investigation to have been enslaved. Many are migrant workers abandoned by their boat captains after the government passed a moratorium on foreign fishing five months ago,...

  • BANGKOK— Thailand is facing bans on new international flights and increased inspections after the International Civil Aviation Organization flagged significant concerns about the country's aviation safety, officials said Friday. Japan has blocked new flights from Thailand following the ICAO decision and South Korea is considering similar measures,...

  • BANGKOK— Thailand's junta leader has vowed to take legal action against companies using forced labor, after an Associated Press investigation revealed that fish caught by enslaved migrant workers was being exported from Thai ports to global markets. "If they still continue to exploit their fellow human beings, they should not be given any licenses to operate...

  • *Shipments to China -15 pct y/y, to U.S +5.1 pct. BANGKOK, March 26- Thai exports fell more than expected in February, showing that a key growth engine for the country is still sputtering, but imports surprisingly rose for the first time in five months. With disappointing exports in early 2015, "the outlook is not so good," said Sarun Sunansathaporn, economist with Tisco...

  • 3 Chinese killed in bus crash on Thai island of Phuket Wednesday, 25 Mar 2015 | 5:25 AM ET

    BANGKOK— A tour bus carrying Chinese tourists plunged off a road on the popular Thai resort island of Phuket on Wednesday, killing three and injuring 16, police said. He said it was on its way from Phuket's Kata beach to Phang Nga province, another popular beach destination in southern Thailand. Phuket is a popular destination among Thai and foreign tourists.

  • "Thai Union embraces AP's finding," the company said in a statement that calls the use of slave labor "utterly unacceptable." Thai Union said the supplier was "terminated" immediately. The statement did not list a specific company, and Thai Union declined further comment.

  • Global stocks rebound after Wall Street slide Friday, 20 Mar 2015 | 4:57 AM ET

    BEIJING— Stock markets in Asia and Europe were mostly higher Friday after a slide in oil prices drove a Wall Street decline. KEEPING SCORE: In early trading, Germany's DAX added 0.4 percent to 11,950.11 points and France's CAC-40 rose 0.1 percent to 5,041.82. Benchmarks in Sydney, New Zealand and Singapore also rose.

  • Five themes Asia investors need to know Thursday, 19 Mar 2015 | 8:50 PM ET
    An Indonesian man looks at a running display showing share prices at the stocks exchange building in Jakarta.

    Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.

  • They are not well known in America or Europe but owner Line Corp. hopes to change that. It has already opened two stores in Seoul and its first Shanghai and New York stores will open this year. It will also give the company a backdoor into China, where Line is blocked along with other foreign messaging apps and social media sites.

  • Thailand's outdated tech sector casts cloud over economy Wednesday, 18 Mar 2015 | 5:00 PM ET

    BANGKOK, March 19- Next month the last batch of televisions will roll off the production line at LG Electronics' plant in Thailand's Rayong province, just east of Bangkok. The move is part of a downward trend for Thailand's once-booming electronics industry, that is struggling to find a foothold in the global supply chain for modern technology like smartphones...

  • *Thailand becomes latest Asian nation to ease policy. BANGKOK, March 11- Thailand unexpectedly cut its benchmark interest rate on Wednesday, in a bid to give the ailing economy a spark that the military government has been unable to provide so far. Thailand expanded only 0.7 percent in 2014, as the military, which seized power in May, was unable to get growth on track.

  • Why the BOT wants to keep rates on hold   Tuesday, 10 Mar 2015 | 11:43 PM ET
    Why the BOT wants to keep rates on hold

    Santitarn Sathirathai, head of Southeast Asia and India Economics Research at Credit Suisse, says the Bank of Thailand is concerned about potential bubbles in its stock and property markets.

  • Why this top-performing currency may falter Thursday, 5 Mar 2015 | 5:54 PM ET

    The Thai baht has surprised by becoming a top-performing currency over the past year despite political turmoil, but that may change, analysts say.

  • *GM to stop car manufacturing in Indonesia. GM Indonesia to shutter assembly plant, axe 500 jobs. Feb 27- A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors said on Friday it would cease production of its Chevrolet Sonic in Thailand by the middle of this year.

  • Lower oil both blessing and curse for AirAsia Thursday, 26 Feb 2015 | 11:46 PM ET

    Lower oil prices usually boost airline profits, but for AirAsia, the drop pushed the carrier into the red as Malaysia's ringgit took a knock-on blow.