Kobsidthi Silpachai, head of capital markets research at Kasikornbank, recommends investors to buy stocks that are benefiting from a weaker Thai baht.» Read More
And the rebound "is going to be capped," says HSBC economist Fred Neumann, because of changes in the world economy, including how American consumers are "much more frugal" than a decade ago. Asian exports to the United States have risen this year, but Neumann says such growth now is more driven by investment in software development and shale-oil drilling than by...
Vishnu Varathan, senior economist at Mizuho Bank, says the Bank of Thailand is avoiding another rate cut due to concerns over volatility in capital flows and core inflation.
Markets across Asia have dropped precipitously, but it's more of a hike hissy than a replay of the taper tantrum rout two years ago, analysts said.
BANGKOK, June 4- Thai consumer confidence slipped for a fifth straight month in May, a university survey showed on Thursday, as low commodity prices and worries over the faltering economy hurt consumption. The consumer confidence index of the University of the Thai Chamber of Commerce fell to 75.6 in May from 76.6 in April. One year after the coup, Southeast Asia's...
Eric Schneider, Group head for APAC at MasterCard Advisors, says Bangkok's tourism sector is seeing rapid recovery and will reclaim its title as the world's most visited city "very shortly."
Even Asia's most destitute peasants can now afford meth if they're willing to forego food for a day, GlobalPost reports.
*Don't single us out as cause of influx, says Myanmar. BANGKOK, May 29- Southeast Asian nations agreed on Friday to intensify search and rescue efforts to help vulnerable "boat people" stranded in the region's seas, as Myanmar said its navy had seized a vessel off its coast with more than 700 migrants aboard. More than 4,000 migrants have landed in Indonesia, Malaysia,...
JAKARTA, May 29- A slide in the Philippines' economic growth to its weakest in three years wraps up a slew of dismal data from Southeast Asia and adds pressure on governments to unleash some of their fiscal spending firepower given the limitation of monetary policy now. "Monetary policy has lost its punch... but we're not really seeing the fiscal authorities step up,"...
BANGKOK, May 28- Thai factory output tumbled more than expected in April, the latest evidence that the country's key economic engines remain wobbly and the junta is struggling to move the economy forward. With exports and domestic demand still weak, Southeast Asia's second-largest economy has not regained traction one year after the army took power to end...
Malaysia uncovers 139 graves thought to contain the remains of migrants scattered around suspected human trafficking camps.
Abhisit Vejjajiva, former Prime Minister of Thailand, says a referendum will help to eradicate any questions about the constitution's legitimacy and avoid further conflicts.
One year after Thailand's coup, politics may have stabilized, but investors are cautious amid doubts over when the military junta might relinquish power.
Prinn Panitchpakdi, Thailand Country Head at CLSA, says Thai markets offer opportunities for long-term investors based on historical price-to-earnings and price-to-book valuations.
Rob Subbaraman, chief economist, Asia ex-Japan at Nomura, says the Bank of Thailand is "overburdened" and more measures to help the economy must come from the fiscal policy and reforms.
Kesara Manchusree, president & CEO of SET, says robust interest from Thailand's retail investors helped the benchmark SET index to withstand last year's political crisis.
Vichai Sriprasert, honorary president of Thai Rice Exporters Association (TREA), says prices of grains now adhere to market mechanisms after the military ended the controversial price-support scheme.
Prasarn Trairatvorakul, governor of Bank of Thailand, says the current levels of Thai baht is "more in line" with regional currencies.
Darren Buckley, President of AmCham and country head and country officer of Citibank Thailand, says there is a slowdown in credit card spending and a pick up in the delinquency rate in Thailand.
Darren Buckley, President of AmCham, explains why foreign direct investment from the U.S. into Thailand increased nearly 5-fold in 2014 despite the country's political instability.
Richard Han, CEO of Hana Electronics, says last year's military coup resulted in much-needed stability that allowed businesses to return to normal in Thailand.