Chinese financial powerhouse, Ant Financial, has ramped up its global expansion with an investment in Thailand's Ascend Money.
BANGKOK, Oct 31- Thailand's rice management committee said on Monday it will offer loans worth $1 billion to jasmine rice farmers struggling with falling prices, on a condition that they store the grain for six months to slow down market supply. Prices for jasmine rice, Thailand's highest quality rice, have tumbled to their lowest level in years, leaving the...
Hong Kong, a city commonly associated with wealth, has one of the highest proportions of people enslaved across Asia, the SCMP reports.
*Says investors still have confidence in Thailand. BANGKOK, Oct 21- Thailand's economy is recovering gradually but is stronger than that of many countries, the central bank governor said on Friday, amid concerns that a year of mourning for revered King Bhumibol Adulaydej could affect tourism and consumption. Tourism accounts for about 10 percent of Thailand's...
Media, property and alcohol industries may feel the biggest pinch from a 30-day ban on "joyful events" after the death of its ninth monarch.
BANGKOK, Oct 19- Thais are crowding shopping malls and department stores to stock up on black clothes, as they begin a year of mourning for beloved King Bhumibol Adulaydej that could end up dampening consumption in Southeast Asia's second-biggest economy. The rush on retail outlets such Japan's Uniqlo, Tesco Lotus and BigC is in sharp contrast to thinning...
Funds are expected to flow back into Thailand given the steadily growing economy and solid corporate earnings growth, says CIMB's Kasem Prunratanamala.
Thailand's junta sought to dispel concern about a royal succession after the Crown Prince delayed his ascension to the throne.
It is hard to make a cold-eyed assessment of Thailand's King Bhumibol, partly because of the country's draconian lese majeste laws.
LONDON, Oct 14- Emerging stocks rose on Friday but were set to end the week in the red while a strong dollar kept currencies under pressure, including China's yuan which posted its biggest weekly loss since January. Bangkok markets meanwhile steadied after days of volatility, with stocks rising 4 percent and the baht up half a percent as it looked likely that the...
As the country mourns the passing of their beloved King, here's what you need to know if you're planning a trip to Thailand.
Even as the country began its official mourning, Prime Minister Prayuth Chan- ocha urged businesses to stay active, and on Friday most Bangkok shops were open, including the city's shopping malls. Grissarin Chungsiriwat, due to be married in Bangkok in early November, said her wedding was likely to be postponed. Thailand's economy grew an annual 3.5 percent in the...
There are still plenty of uncertainties regarding Thailand's economic outlook. Here's what analysts think.
Alastair Newton, director of Alavan Business Advisory, says he expects there will be a long period of calm in Thailand following the king's death.
A year-long mourning period for King Bhumibol Adulyadej risks impacting the return to civilian rule in Thailand.
The opening of the stock exchange the day after the King's passing has been a positive indicator, says Bank Julius Baer's Mark Matthews.
The calm reaction in Thailand to the passing of King Bhumibol suggests that groundwork for his replacement had been laid, says Kevin Hewison, professor at the UNC-CH.
Markets were initially nervous about the succession of the monarchy in Thailand but nerves should ease soon, says Saxo Capital Markets' Tareck Horchani.
Patrick Jory, lecturer at the University of Queensland, talks about the Thai monarchy's holding company that the King has sole discretion in using.
Patrick Jory, lecturer at the University of Queensland, talks about what lies ahead for Crown Prince Vajiralongkorn in navigating the Thai political landscape.