Abhisit Vejjajiva, former Prime Minister of Thailand, says a referendum will help to eradicate any questions about the constitution's legitimacy and avoid further conflicts.» Read More
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...
*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.
Thailand's baht has long out-muscled regional peers, but amid a stumbling economy, the central bank has pulled the plug on supporting the currency.
BANGKOK, April 30- Thailand's central bank unveiled measures on Thursday to encourage more capital outflows to rein in the strong baht, a move it hopes will spur the country's ailing exports and boost the trade-dependent economy. Thailand is treading carefully after imposing tough capital controls in late 2006 that spooked markets and were quickly aborted.
BANGKOK, April 29- Thailand's central bank surprised markets by cutting its key policy rate for a second straight meeting on Wednesday, with policymakers under pressure to revive the stumbling economy. The central bank also announced it would relax curbs on capital movements out of Thailand at a news conference on Thursday, a move aimed at reducing the baht's...
BANGKOK, April 29- Thailand's central bank surprised markets by cutting its key interest rate for a second straight meeting on Wednesday, with policymakers under pressure to revive the stumbling economy. The Bank of Thailand's monetary policy committee voted 5-2 to cut the one-day repurchase rate by 25 basis points to 1.50 percent, confounding expectations...
SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.
Andrew Naylor, executive director at Cicero Group, outlines the diplomatic and economic aims of Russian prime minister Dmitry Medvedev's visit to Asia this week.
Economics will be the top agenda of Russian prime minister Dimitry Medvedev's visit to Vietnam and Thailand this week, says James Brown, Assistant Professor at Temple University, Japan.
Su Sian Lim, ASEAN economist at HSBC, says the lifting of martial law in Thailand could help the country's tourism sector, but the overall economic outlook remains weak.
Household debt across Asia is raising red flags, but the official data may not capture the full picture for families around the region.
Paul Gambles, founding partner of MBMG Group, explains why the lifting of martial law in Thailand makes "no significant difference."
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...
*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...
Mohshin Aziz, aviation analyst at Maybank Investment Bank, discusses news that the International Civil Aviation Organization flagged "significant concerns" about Thailand's aviation safety.