Glenn Maguire, Chief Economist for South Asia, ASEAN and the Pacific at ANZ, explains why the Bank of Thailand will likely leave interest rates unchanged on late Wednesday.» Read More
TASIKMALAYA, Indonesia, July 7- The closest and dirtiest presidential race in Indonesia's young democracy could be decided on Wednesday among the mosques and rice paddies of West Java, the nation's most populous province.
BANGKOK, July 3- A university's index of consumer confidence in Thailand jumped in June, pointing to a possible improvement in domestic demand after the army took power and promised to revitalize a stumbling economy. The consumer confidence index of the University of the Thai Chamber of Commerce rose to 75.1 in June, from 70.7 in May.
*Military seized power on May 22 after months of political unrest. BANGKOK, July 3- Data from University of the Thai Chamber of Commerce:. On May 22, the Thai army seized power.
*May current account deficit $664 mln, vs April's $643 mln deficit. BANGKOK, June 30- Thailand's central bank signalled on Monday that Southeast Asia's second-largest economy would avoid recession this quarter and said manufacturing and consumption "started to show signs of recovery" in May.
*Sees 2014 current account surplus at $11.7 bln vs $0.7 bln surplus earlier. BANGKOK, June 27- Thailand's central bank cut its export growth forecast for this year to 3.0 percent from 4.5 percent, raised its inflation forecast and said this year's current-account surplus should be much larger than earlier projected.
BANGKOK, June 26- Thai exports and factory output fell more than expected in May, showing that pillars of the economy remain weak and underscoring the tough task the military government faces kick-starting growth after seven months of political turmoil.
BANGKOK, June 26- Thai exports fell more than expected in May, showing that a pillar of the economy remains weak and underscoring the tough task the military government faces kick-starting growth after seven months of political turmoil.
*May had trade deficit of $810 mln, poll predicted $300 mln surplus. BANGKOK, June 26- Thai exports fell more than expected in May, showing that a pillar of the economy remains weak and underscoring the tough task the military government faces kick-starting growth after seven months of political turmoil.
WASHINGTON, June 25- Military rule in Thailand is likely to last longer than expected and has been more repressive than after the country's last coup in 2006, a senior U.S. official said on Tuesday.
WASHINGTON, June 20- The United States downgraded Thailand, Malaysia and Venezuela on Friday to its list of the world's worst centers of human trafficking, opening up the countries to possible sanctions and dumping them in the same category as North Korea and Syria.
WASHINGTON, June 20- The U.S. State Department downgraded Thailand, Malaysia and Venezuela on Friday to its list of the world's worst centers of human trafficking, opening up the countries to possible sanctions and dumping them in the same category as North Korea and Syria.
*Rocket Internet building online empire outside US, China. Rocket Internet is bidding to create the largest internet empire outside the United States and China, seeking to replicate the success of Amazon and Alibaba in markets the U.S. and Chinese e-commerce groups have yet to dominate, such as Africa, Latin America and Russia.
BANGKOK, June 18- Thailand's central bank cut this year's growth forecast nearly by half to 1.5 percent but sees a much brighter 2015 as the new military government tries to reinvigorate the economy after prolonged political turmoil.
BANGKOK, June 18- Thailand's central bank left its key interest rate unchanged on Wednesday, as expected, and cut its economic growth forecast for 2014 nearly by half to 1.5 percent.
Deyi Tan, Executive Director at Morgan Stanley Research, says a sluggish growth forecast may prompt the Bank of Thailand to announce a 25 basis point rate cut on Wednesday.
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.