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
Timothy Riddell, Head of Global Markets Research at ANZ, says investors can look to Taiwan and Korea for buying opportunities, but warns to avoid Thailand and the Philippines.
BANGKOK, Feb 6- Thailand's consumer confidence dropped for a 10th straight month in January, a survey showed on Thursday, as the prolonged political crisis is making Thais reluctant to spend, adding to the country's economic problems.
BANGKOK, Feb 5- Thailand's fiery protest leader denounced the government's battered rice-buying scheme as corrupt and the prime minister leapt to its defence on Wednesday, days after an election did nothing to restore stability in the divided country.
BANGKOK, Feb 5- Thailand's central bank warned on Wednesday of "substantially increased" risk to economic growth after the weekend's disrupted general election did nothing to restore stability in the politically polarised country.
BANGKOK, Feb 5- The Bank of Thailand's monetary policy committee felt the risks to economic growth had increased substantially due to political unrest and worried that export orders could take a hit, according to minutes of its last rate-setting meeting. At the meeting on Jan. 22, the MPC voted 4-3 to leave the policy rate unchanged at 2.25 percent, a three-year low.
--Clyde Russell is a Reuters market analyst. Those realities included the fact that rice buyers were largely able to switch to competitors, allowing Vietnam and India to overtake Thailand as the world's top rice exporters.
TOKYO/ JAKARTA, Feb 5- Asia's central bankers are being forced to juggle their day jobs with what their governments have failed to do- steeling their economies for the hard times. India and Indonesia were first in the firing line of investors last year when the Fed's plans to scale back its $85 billion in monthly cash injections started to take shape.
BANGKOK, Feb 4- Pressure on Thailand's embattled government mounted on Tuesday, when a flagship rice-buying scheme vital to its support stumbled closer to collapse and the opposition filed legal challenges that could void a disrupted weekend election.
BANGKOK, Feb 4- Thailand's anti-government protests, now in their third month, have taken a heavy toll on tourism in the bustling capital Bangkok, but sparked an upturn in arrivals at beach and mountain resorts, officials say.
*China pulls out of Thai rice deal in further blow to government. *Bangkok protests appear to dwindle.
Euben Paracuelles, Executive Director and Southeast Asia Economist of Nomura Singapore, discusses the impact of having more by-elections in the months ahead on Thailand's economy.
Steve Wilford, Director of Corporate Investigations at Control Risks, says Thailand must face another series of by-elections before a proper government can be formed.
NEW DELHI, Feb 3- India's largest carmaker Tata Motors unveiled its first new models in four years on Monday, banking on two small cars to reverse the company's sliding passenger car sales in the face of growing foreign competition.
The "political impasse" in Thailand is set to continue for months says Daryl Liew, head of portfolio management at REYL, adding that there are still "some compelling stock ideas" despite uncertain macro picture.
Michael Peel, Bangkok regional correspondence at the Financial Times, says the elections in Thailand have done nothing to improve the political turmoil in the country.
Paul Gambles, Managing Partner, MBMG International, explains why he thinks Sunday's elections was a "false dawn," and outlines what's next for the country.
Arvind Ramakrishnan, head of Asia at Maplecroft, discusses the significance of the elections in Thailand and what they mean for the country's future.
SINGAPORE/ PARIS, Jan 28- Vietnamese carrier VietJetAir said it would finalise a $9 billion order for up to 92 Airbus aircraft next month as it seeks to tap into Southeast Asia's fast growing low-cost market dominated by AirAsia Bhd and Lion Air.
*Factory output down 6.1 y/y in Dec vs -10.6 pct in Nov. BANGKOK, Jan 28- Thai factory output dropped more than expected in December, adding to worry about how hard the country's political turmoil is hitting the economy and raising the chance of a interest rate cut this quarter. The Industry Ministry sees a 1.5-2.5 percent rise this year.