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Asia Top News and Analysis Thailand

  • SINGAPORE, Jan 23- Siam Commercial Bank Pcl has begun to formally seek bids for its life insurance business in a sale that could raise about $3 billion for Thailand's third-biggest lender, said people with knowledge of the process. Thailand caps foreign companies' stakes in domestic insurance ventures at 49 percent, but lawyers said Thailand recently amended...

  • SINGAPORE, Jan 23- Siam Commercial Bank Pcl has begun to formally seek bids for its life insurance business in a sale that could raise about $3 billion for Thailand's third-biggest lender, said people with knowledge of the process. Thailand caps foreign companies' stakes in domestic insurance ventures at 49 percent, but may permit higher holdings on a...

  • An oil tanker docked at a PT Pertamina facility at Tanjung Priok Port in Jakarta, Indonesia

    Oil production in Asia-Pacific is declining at a rate not seen elsewhere in the world, Wood Mackenzie has warned.

  • Biggest Trump risk to Thailand is trade: Vice finmin

    Kiatchai Sophastienphong, vice minister for finance of Thailand, discusses potential fallout from Trump policies.

  • PARIS, Jan 12- Qatar Airways said on Thursday it was seeking guarantees from a potential new engine supplier after delays to Airbus jet deliveries, but said Boeing was ahead of schedule on its latest version of the 777, leaving scope to bring those jets forward. Qatar Airways remains in talks with CFM International about supplying engines for an upgraded order...

  • PARIS, Jan 12- Qatar Airways is seeking strict guarantees as it talks to CFM International about supplying engines for a revamped order for Airbus narrow-body jets, which it expects to finalise "soon", its chief executive said on Thursday. CFM exclusively supplies engines for the competing Boeing 737 aircraft, which Qatar Airways has also ordered.

  • *Almost all fuel shipments to Myanmar come from Singapore. Servicing growth that could top 8 percent this year is a clutch of small tankers ferrying gasoil and diesel from Singapore 2,000 kilometers north to Myanmar. Shipping data in Thomson Reuters Eikon shows that around 20 small tankers with a combined capacity of around 220,000 deadweight tonnes are...

  • TOKYO, Dec 22- Japan is seeking to win a contract to supply Thailand with an air defense radar system built by Mitsubishi Electric Corp, as it looks to counter growing Chinese influence in the Southeast Asian nation, according to four Japanese government officials and one industry source. Japan's push for stronger ties with Thailand, will benefit the U.S. given...

  • TOKYO, Dec 22- Japan is seeking to win a contract to supply Thailand with an air defense radar system built by Mitsubishi Electric Corp, as it looks to counter growing Chinese influence in the Southeast Asian nation, according to four Japanese government officials and one industry source. Japan's push for stronger ties with Thailand, will benefit the U.S. given...

  • Bank of Thailand has some dry powder: Economist

    Vishnu Varathan at Mizuho Bank says that the Bank of Thailand has further scope to ease if it has to.

  • These are the EMs you should be looking out for

    China, Brazil, Indonesia and Thailand are attractive EM picks, says Mark Mobius at Templeton Emerging Markets.

  • The Eagle Ford crude oil tanker sails out of the NuStar Energy dock at the Port of Corpus Christi in Texas.

    The cartel's production cuts are expected to make it possible for Americans to ply the route to Asia from the United States.

  • KUALA LUMPUR, Nov 30- Human rights abuses at palm oil plantations are going unpunished by the industry watchdog due to weak rules, critics say, as an Amnesty International report on Wednesday exposed severe violations at Indonesian plantations. "Simply put, the RSPO does not protect workers and is unable to provide truly responsible palm oil," said Emma Lierley,...

  • KUALA LUMPUR, Nov 30- Human rights abuses at palm oil plantations are going unpunished by the industry watchdog due to weak rules, critics say, as an Amnesty International report on Wednesday exposed severe violations at Indonesian plantations. "Simply put, the RSPO does not protect workers and is unable to provide truly responsible palm oil," said Emma Lierley,...

  • Thailand's Crown Prince, Maha Vajiralongkorn, making a speech at a cultural event with local religious leaders in the southern Thai province of Pattani. He is widely expected to ascend the throne, following the death of the much loved king Bhumibol Adulyadej.

    Thailand's defense minister says the cabinet expects an audience with Crown Prince Maha Vajiralongkorn, who is expected to ascend the throne as early as this week.

  • Societe Generale's Xavier Denis explains that Thailand has a neutral rating, despite steady growth, because of political instability in recent years.

  • AirAsia plans to float a holding company that will tally all of its operations and entities under a HK listing for the Malaysia-based carrier.

  • Althea, a Seoul-based start-up, is trying to cash in on the trend by making inroads into southeast Asia's growing e-commerce market.

  • KUALA LUMPUR, Nov 7- Some activist groups are withdrawing support for the palm oil body that provides sustainability certificates for the industry, saying it is biased towards producers and its complaints panel is flawed. Aidenvironment, an Amsterdam- based green group, could become the latest to cut ties with the Roundtable on Sustainable Palm Oil over what it...

  • SINGAPORE/ JAKARTA, Nov 2- Indonesia and Vietnam are looking to join Thailand in blazing a trail for solar power in Southeast Asia, introducing targets to fire up green energy generation as a landmark global agreement to curb pollution is set to take effect. Indonesia and Vietnam aim to each have annual solar power capacity of at least 5 gigawatts from 2020, up...