Asia Top News and Analysis Thailand

More

  • BANGKOK, Feb 8- Investors in Big C, one of Thailand's largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France's Casino Group to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. Shares in Big C Supercenter hit a 13- month high of 251 baht on Monday, just below the offer price of 252.88 baht, and jumped...

  • *Deal to boost tycoon Charoen's retail presence in Thailand. HONG KONG/ BANGKOK, Feb 7- France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group, it said on Sunday. Casino announced a 4- billion-euro disposal plan in 2016, including the sale of its...

  • The Department of Special Investigation said 12 officers were injured when police and French Embassy observers went to the Rong Kluea market on the border with Cambodia to seize items such as fake perfumes that violate intellectual property laws. Thailand, like much of Asia, is awash with counterfeit products ranging from cosmetics to DVDs.

  • BANGKOK— Thailand, which faces possible trade sanctions over abuses in its seafood industry, says it has accelerated its fight against human trafficking and unregulated fishing. The EU has warned Thailand, the world's third-largest exporter of seafood, that its seafood may be banned if it fails to institute effective measures against unregulated fishing.

  • Chinese airlines to blacklist unruly passengers Monday, 1 Feb 2016 | 6:47 AM ET

    BEIJING, Feb 1- China's leading airlines joined forces on Monday to blacklist rowdy passengers who have become an increasing problem as the number of travellers grows. Air China, China Eastern, China Southern, Hainan Airlines and Spring Air said they would share the names of passengers who misbehave and ban them from any of their flights. In July 2015, Chinese...

  • *Thailand's Central Group seen as frontrunner. SINGAPORE/ HONG KONG, Jan 29- French retail group Casino's sale of its Thai and Vietnam units has drawn the eye of Singapore's Dairy Farm International Holdings and South Korea's Lotte Shopping but they'll need punchy bids to go up against deep-pocketed Thai tycoons, bankers said. Central Group, Thailand's biggest...

  • JAKARTA, Jan 22- Indonesian agriculture officials routinely inflate rice harvest data to present a rosy picture to the government and keep farm subsidies flowing, but their latest phony numbers could lead to a severe shortage of the staple in coming months, officials say. If the data had been correct, Indonesia would be awash with rice supplies and the country's...

  • JAKARTA, Jan 22- Indonesian agriculture officials routinely inflate rice harvest data to present a rosy picture to the government and keep farm subsidies flowing, but their latest phoney numbers could lead to a severe shortage of the staple in coming months, officials say. If the data had been correct, Indonesia would be awash with rice supplies and the...

  • Thailand is set on new growth engines: FinMin Tuesday, 19 Jan 2016 | 7:53 PM ET
    Thailand is set on new growth engines: FinMin

    Thailand's vice finance minister Kiatchai Sophastienphong says the country's economy must shift from exports to domestic consumption.

  • Siam Piwat: Thailand saw healthy growth last year Tuesday, 19 Jan 2016 | 12:44 AM ET
    Siam Piwat: Thailand saw healthy growth last year

    Thailand saw healthy growth last year because the government's reform measures were successful, says Chadatip Chutrakul, CEO of Siam Piwat Company.

  • BENGALURU, Jan 14- Economic growth is losing momentum across emerging and developed economies as is inflation, with trouble in China now the biggest worry for 2016, according to the overwhelming majority of hundreds of economists polled by Reuters around the world. Elwin de Groot, senior market economist at Rabobank, warned that the world could no longer rely...

  • Half of plastic trash comes from 5 countries Thursday, 14 Jan 2016 | 7:00 AM ET
    Half of plastic trash comes from 5 countries

    Much of the plastic trash in the world's oceans come from Asia or the Pacific Islands.

  • Half of plastic ocean trash comes from 5 countries Wednesday, 13 Jan 2016 | 2:23 PM ET
    A Chinese boy runs along the rubbish-strewn beach along the sea coast in Anquan village, China.

    Economic growth in these countries is outpacing infrastructure, and their trash is collecting in the sea.

  • AEC will benefit big economies, and small ones: StanChart

    Jeff Ng, Southeast Asia economist at Standard Chartered, details how the AEC will be a positive for larger economies such as Thailand and Malaysia, as well as smaller economies like Cambodia and Laos.

  • Singha Asia on Friday signed a $1.1 billion strategic deal with Vietnam's Masan Group to buy stakes in two of the consumer goods firm's units.

  • *2016 GDP growth forecast cut to 3.5 pct from 3.7 pct. BANGKOK, Dec 25- Thailand's central bank trimmed its 2016 economic growth forecast on Friday, reflecting expectations of zero export growth and suggesting the military government will continue to struggle with a sluggish economy. The Bank of Thailand at the same time nudged its growth estimate for this year...

  • Thailand government says population is happy with performance

    A government poll claims 99% of citizens are happy

  • This government claims a 99% approval rating Tuesday, 22 Dec 2015 | 8:36 PM ET
    Royal Guards parade in front of the Grand Palace in Bangkok

    This government claims 99% of its people are happy with it. Hint: It's not North Korea.

  • *Bids total 119 bln baht vs 80.8 bln baht in 1st auction. BANGKOK, Dec 17- Thailand's telecoms regulator extended an auction for two 4 G mobile broadband network licences for a third day on Thursday amid fierce competition which has raised the overall bidding to $3.3 billion, beating the total price paid for a previously awarded set of licences.

  • What's the outlook for rates in Philippines and Indonesia? Wednesday, 16 Dec 2015 | 10:43 PM ET
    What's the outlook for rates in Philippines and Indonesia?

    Santitarn Sathirathai, head of SEA and India economics research at Credit Suisse, discusses when the BI and BSP might cut rates, because of low inflation outlooks.