Rajiv Biswas, Senior Director and Asia-Pacific Chief Economist of IHS Global Insight, says a political resolution, rather than an interest rate cut by the Bank of Thailand, would be the real solution to Thailand's economic woes.» Read More
*Decision due on Wednesday, March 12, at 0730 GMT. BANGKOK, March 11- Thai policymakers will cut the country's benchmark interest rate on Wednesday to help the economy cope with the damage from months of political unrest, according to a majority of economists polled by Reuters.
*Search area expanded in South China Sea and west of Malaysia. KUALA LUMPUR/ WASHINGTON, March 11- The so-far fruitless search for a missing Malaysian airliner entered its fourth day on Tuesday, as sources in Europe, the United States and Asia voiced growing scepticism that the flight lost with 239 people on board was the target of an attack.
BANGKOK-- A leading international rights group called on Thai authorities Friday to investigate the navy's alleged role in the trafficking of desperate migrants from Myanmar instead of charging journalists for reporting on the subject.
*Consumer confidence down for 11th straight month. BANGKOK, March 6- Thailand's consumer confidence tumbled to a 12- year low in February, a survey showed on Thursday, as political unrest continued to take a toll on consumption and investment in Southeast Asia's second-biggest economy.
BANGKOK-- Thailand's political crisis is far from resolved, but Bangkok had at least one reason to breathe a temporary sigh of relief Monday: Major intersections barricaded by the protesters reopened to traffic for the first time in six weeks.
*Current account surplus $0.22 bln in Jan vs $2.53 bln surplus in Dec. BANGKOK, Feb 28- Thailand reported a fresh set of weak indicators on Friday, producing more evidence that the country's political crisis is hurting the economy and adding to pressure on the central bank to cut interest rates.
BANGKOK, Feb 28- Thai factory output declined slightly less than expected in January, but the 10th consecutive month of reduced activity is the latest indicator of declining domestic demand during the country's protracted political crisis. Data from the Bank of Thailand on private consumption and investment for January is due later on Friday.
Alecia Quah, Senior Analyst, Asia-Pacific at IHS Country Risk, says Thailand could see more unrest if the anti-graft body issues charges against Prime Minister Yingluck Shinawatra for corruption on Thursday.
Caution is the way to navigate Thai equities at the moment, says Adithep Vanabriksha, CIO, Thailand of Aberdeen Asset Management, adding that he is looking at a downgrade in upcoming fourth-quarter earnings from Thai firms.
Kim Mcquay, Thai Country Representative from The Asia Foundation, discuss latest news saying that Thai Prime Minister Yingluck Shinawatra may decide not to attend a corruption probe later on Thursday.
*Property index has fallen 10 percent in three months. BANGKOK, Feb 26- Political unrest and an over-supplied $20 billion real estate market in Thailand are the latest challenges threatening developers who are cancelling new launches in the hopes of staving off a bubble.
Geoff Lewis, Global Market Strategist, J.P. Morgan Asset Management discusses the effects and complications of the current situation in Thailand.
BANGKOK, Feb 25- Thailand announced a slump in trade figures on Tuesday with the biggest drop in imports in more than four years in January, as months of anti-government protests extended their economic toll beyond falling tourism numbers.
*Gold faces resistance zone of $1,335- $1,338-. SINGAPORE, Feb 25- Gold ticked lower on Tuesday but held near its strongest level in four months, underpinned by concerns about economic growth in China and nervousness over Ukraine after acting President Oleksander Turchinov warned that his country was close to default.
*Gold still targets $1,307.46- technicals. SINGAPORE, Feb 24- Gold rebounded from intraday lows on Monday, adding to last week's gains, as speculators ditched equities on persistent worries over the pace of the U.S. economic recovery and China's growth. Gold hit a low of $1,318.71 an ounce earlier in the session, but stood at $1,327.00 by 0710 GMT, up $3.99.
BANGKOK, Feb 23- A bomb wounded at least 16 people at an anti-government protest site in central Bangkok on Sunday, hospital authorities said, hours after government supporters vowed to "deal with" the protesters. The Erawan Medical Center, which monitors Bangkok hospitals, said at least 16 people had been injured in the blast.
BOMB BLAST WOUNDS AT LEAST EIGHT AT ANTI-GOVT PROTEST SITE IN CENTRAL BANGKOK- NATIONAL SECURITY CHIEF.
BANGKOK, Feb 22- Some Thai anti-government protesters followed the advice of their leader on Saturday, shunning products of firms linked to the family of Prime Minister Yingluck Shinawatra and handing back cellphone SIM cards.
SINGAPORE, Feb 21- Global cocoa prices have rallied to 2-1/ 2- year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El Nino means "boy" in Spanish and was first used by anchovy fishermen in Ecuador and Peru in the 19th century.
SINGAPORE, Feb 21- The El Nino weather pattern that can trigger drought in some parts of the world while causing flooding in others is increasingly likely to return this year, hitting production of key foods such as rice, wheat and sugar. A strong El Nino can wither crops in Australia, Southeast Asia, India and Africa when other parts of the globe such as the U.S.