One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.» Read More
BEIJING— All-expenses-paid trips to reward top salespeople aren't unusual, but direct marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours. One company is sending 12,700 salespeople to Thailand on a tour that continues until next week. vice-chairman Xu Guowei...
DENVER— They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing. The Tuk Tuk Factory, based in Amsterdam, has signed a licensing agreement with Denver- based eTuk USA to allow the company to manufacture and sell an electric version of the vehicle. The three partners' other company, eTuk Denver, launched a call-and-demand shuttle...
Vichai Sriprasert, honorary president of Thai Rice Exporters Association (TREA), says prices of grains now adhere to market mechanisms after the military ended the controversial price-support scheme.
Prasarn Trairatvorakul, governor of Bank of Thailand, says the current levels of Thai baht is "more in line" with regional currencies.
Darren Buckley, President of AmCham and country head and country officer of Citibank Thailand, says there is a slowdown in credit card spending and a pick up in the delinquency rate in Thailand.
Darren Buckley, President of AmCham, explains why foreign direct investment from the U.S. into Thailand increased nearly 5-fold in 2014 despite the country's political instability.
Richard Han, CEO of Hana Electronics, says last year's military coup resulted in much-needed stability that allowed businesses to return to normal in Thailand.
Thailand's economy continues to stumble even though the central bank has cut rates twice in a row. CNBC asks Prasarn Trairatvorakul, governor of Bank of Thailand, whether he is running out of options.
Defense spending among nations in the South China Sea region is rising, but most of it isn't going to the United States.
But move would be good for rice exporters Thailand, Vietnam. JAKARTA, May 21- Indonesia's president could be forced to backtrack on promises to curb rice imports, with analysts saying the country may ship in as much as 1.6 million tonnes of the staple grain this year due to soaring prices at home and the threat of a strong El Nino. "Sometimes Indonesia's policy isn't...
Syed Hamid Albar, former Malaysian Minister of Foreign Affairs, says countries such as Malaysia should allow asylum seekers to land on their shores before a serious humanitarian problem emerges.
Deyi Tan, ASEAN economist at Morgan Stanley, does not expect a V-shaped recovery for Thailand due to factors such as falling exports and a lack of aggressive fiscal policy.
BANGKOK, May 18- Thailand surprisingly reported quarterly growth for January-March, which economists attributed to changes in past data calculations and said the economy is still making little headway. "The momentum is still quite weak in Q1," said Santitarn Sathirathai, Singapore- based head of Southeast Asia economics for Credit Suisse.
Barnabas Gan, analyst at OCBC, says government spending and improved tourist arrivals in Thailand have failed to offset slower growth in private consumption and exports.
Kobsidthi Silpachai, head of Capital Markets Research at Kasikornbank, outlines the weaknesses in Thailand's domestic economy.
Jeffrey Halley, head of Trading, Asia at Saxo Capital Markets, says below-view data will likely keep the Thai bath on the back foot and advises investors to short the currency against the euro or the yen.
KUALA, LUMPUR, May 15- Malaysia's economy posted 5.6 percent growth in the first quarter, beating forecasts and just a tad slower than the previous quarter, as it showed resilience in the face of weak global prices for energy and commodity exports. After releasing the data, Bank Negara Malaysia's Governor Zeti Akhtar Aziz said the Southeast Asian economy was...
WASHINGTON— State Department officials under Secretary of State Hillary Rodham Clinton moved quickly when aides to Bill Clinton asked them in March 2010 to approve plans for the former president to address clients of a multinational British bank, Barclays. The long-running case had hardly been a secret: Barclays had openly acknowledged in its annual...
*Japan, Australia forecasters announce arrival of El Nino. SINGAPORE, May 12- In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia.
*Markets eyeing Japan, Australia forecast on Tuesday. SINGAPORE, May 12- In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia.