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
Euben Paracuelles, Executive Director & Southeast Asia Economist at Nomura, expects the central bank to leave interest rates steady at 2 percent on Wednesday.
*More than 100,000 Cambodians have left Thailand in a week. The International Organization for Migration estimates that more than 100,000 undocumented Cambodian men, women and children have fled Thailand amid fears of a crackdown on illegal labour sine the May 22 coup. It estimates there were 90,000 illegals in Thailand.
*Taiwan garment maker is Cambodia's second ever listing. PHNOM PENH/ HONG KONG, June 16- The number of companies on Cambodia's stock exchange doubled on Monday- to two.
BANGKOK, June 12- As Thailand's junta tries to pull the economy back from the verge of recession, the generals have a significant advantage over the government they ousted- the country's banks are prepared to lend them money, and cheaply too.
That happened to Carrie Walczak, an American living in Germany, in May. Walczak, a 37- year-old from upstate New York, lived in Brussels for seven years with her Belgian husband before moving to Bad Homburg, Germany, where she has resided for the past 18 months.
Despite ongoing political crisis, Thailand has a "good underlying economy" and will be one of the outperformers in Southeast Asia in the long run, says Andy Palmer, Chief Planning Officer at Nissan.
*Good news for producers such as Vietnam, Thailand. Bigger purchases by the world's fifth largest buyer of the grain would be good news for growers that typically supply the country such as Thailand and Vietnam. "It is likely that Indonesia will indeed import," said David Dawe, senior economist at the U.N.' s Food and Agriculture Organization in Bangkok.
Kesara Manchusree, President, Stock Exchange of Thailand, attributes the resiliency of domestic stocks to strong fundamentals in the financial market.
BANGKOK, June 8- Thailand's junta kept many of the thousands of troops and police it readied to deal with protests in Bangkok on Sunday off the streets as the number of people making a public show of dissent to the May 22 coup dwindled.
Thailand's junta has prepared a force of over 6,000 troops and police for deployment in Bangkok on Sunday to smother protests.
BANGKOK, June 8- Thailand's junta has prepared a force of over 6,000 troops and police for deployment in Bangkok on Sunday to smother protests and prevent opposition to the May 22 coup from gaining momentum.
Despite seeing occupancy rates at its hotels drop nearly 50 percent due to the political crisis, Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings, is optimistic on tourism in Bangkok.
Alastair Newton, Senior Political Analyst at Nomura, says Thailand's current political climate is a stark difference from the previous coup in 2006, and outlines possible developments going forward.
Thailand's military rulers said they will arrest those who ignore warnings to lower the three-fingered salute from "The Hunger Games."
BANGKOK, June 3- An index of consumer confidence in Thailand jumped in May on hopes a military government that seized power promising to impose order after months of political chaos will drag the economy back from the brink of recession.
BANGKOK, June 3- Thai consumer confidence jumped in May on hopes a new military government would impose order after months of political chaos that had threatened to tip the economy into recession.
BANGKOK, June 3- Consumer confidence in Thailand rose in May after falling for 13 straight months, according to a university survey carried out after the army seized power and said it will end political unrest and revive a stumbling econonomy.
*Bumper wheat harvests in Ukraine, Russia push down prices. Blessed with near-record output, exporters in Russia and Ukraine are offering the cheapest wheat from the Black Sea region, tempting Asian buyers to switch from the Australian and U.S. grain that has traditionally dominated their supplies.
Jalil Rasheed, Investment Director at Invesco, explains why Thai stocks have held up quite well despite the military coup. He also discusses the outlook for Indonesia ahead of July elections.
The head of the military junta that took over Thailand in a coup said that elections may take over a year as peace and reforms must come first.