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Asia Top News and Analysis Thailand


  • ADB slices Asia growth forecasts Monday, 21 Sep 2015 | 9:31 PM ET
    A farmer harvests rice on a field next to residential buildings on the outskirts of Hanoi.

    Asia's growth outlook has taken a haircut from slowdowns in China and India as well as developed markets' soft recovery, the Asian Development Bank said.

  • DIARY-Emerging Markets Economic Events to Oct 5 Monday, 21 Sep 2015 | 8:02 PM ET

    WASHINGTON- International Monetary Fund Managing Director Christine Lagarde will speak at the Brookings Institute- 1530 GMT. German Finance Minister Wolfgang Schauble, Luxembourg Finance Minister Pierre Gramegna, Polish Finance Minister Mateusz Szczurek and European Commission President Jean-Claude Juncker are the key speakers.

  • *Uber's highest average trips per user is in Vietnam. HO CHI MINH CITY, Sept 22- A young, tech-savvy population short on cars but big on smartphones is driving double-digit growth for ride-hailing apps Uber and GrabTaxi in Vietnam, and inspiring some executives to dream of replacing private car ownership altogether. Uber launched its service in Vietnam three...

  • *UK govt says ready to assist workers where necessary. LONDON/ BANGKOK, Sept 18- Britain's second-largest steelmaker, SSI UK, said on Friday it was halting operations at its Redcar plant in northeast England, calling into question the future of its business and putting 2,000 jobs at risk. Thai banking sources told Reuters that SSI has debts of about 47- 48 billion...

  • This Thai builder takes aim at new heights Friday, 18 Sep 2015 | 5:30 AM ET
    This Thai builder takes aim at new heights

    Sorapoj Techakraisri, CEO of PACE Development Corporation, tells CNBC the challenges of building Thailand's tallest skyscraper.

  • Roomorama: A different short-term accommodation Tuesday, 15 Sep 2015 | 11:47 PM ET
    Roomorama: A different short-term accommodation

    CNBC speaks to Jia En Teo, COO & co-founder of Singapore-based Roomorama which offers professionally managed properties as short-term stay options.

  • Why the BOT needs to cut rates soon Tuesday, 15 Sep 2015 | 9:41 PM ET
    Why the BOT needs to cut rates soon

    Kasem Prunratanamala, head of Thailand Research at CIMB, says the Bank of Thailand needs to cut rates soon as a Fed rate hike will likely induce more volatility in the Thai baht.

  • How political uncertainty is hurting Thailand Sunday, 6 Sep 2015 | 11:24 PM ET
    How political uncertainty is hurting Thailand

    Kobsidth Silpachai, head of Capital Markets Research at Kasikornbank, discusses the outlook for Thailand's economy amid political uncertainty in the country.

  • Thai junta revisits 'Thaksinomics' as economy ails Sunday, 6 Sep 2015 | 8:25 PM ET
    BANGKOK, THAILAND - 2015/08/27: Somkid Jatusripitak (C) special lecture on stage  "Economic Policy organized by the three institutions, the private sector committee in Dusit Thani Hotel.

    The generals have had to bite the bullet and reopen the populist playbook of the Shinawatra family whose governments they have twice overthrown.

  • *Aug index at 72.3, lowest since May 2014, vs July's 73.4. BANGKOK, Sept 3- Thai consumer confidence fell for the eighth successive month in August to a 15- month low, as weak exports and a deadly bomb blast in the capital Bangkok hold back economic recovery, a university survey showed on Thursday. The consumer confidence index of the University of the Thai Chamber of...

  • BANGKOK, Sept 1- Police hunting those responsible for Thailand's deadliest bombing arrested a second foreign suspect on Tuesday, Prime Minister Prayuth Chan- ocha said. The man was arrested in Sa Kaeo province, on the border with Cambodia east of Bangkok. The suspect was being transferred to Bangkok for questioning.

  • BANGKOK, Aug 31- Thailand's private consumption and investment slipped in July, central bank data showed on Monday, adding to the pessimism over weak exports that suggests a still fragile economic recovery. Southeast Asia's second-largest economy is struggling to recover after an army coup in May 2014 ended months of street protests with exports...



  • In private and in public at last week's global central banking conference in Jackson Hole, the message from visiting policymakers was that the Fed has telegraphed an initial monetary tightening and, following a year-long rise in the dollar, financial markets globally are as ready as they can be. But for Agustin Carstens, the top central banker in Mexico, a rate...

  • BANGKOK, Aug 30- Police probing Thailand's deadliest bombing raided a second location and widened their search for more suspects on Sunday after a foreigner was arrested and stacks of fake passports and bomb-making materials found at a Bangkok apartment block. The bombing killed 20 people and stunned Thailand. Fourteen foreigners, seven from mainland China...

  • BANGKOK, Aug 30- The evidence seized by police investigating Thailand's deadliest bombing includes an apparently damning trove of explosives, fertiliser, and piles of fake passports, but the shabby-looking foreigner they arrested on Saturday remains a mystery. There has been no word of his nationality, affiliation or whether the evidence seized in a shabby...

  • *The Aug. 17 bomb in Bangkok killed 20 people. BANGKOK, Aug 29- Police hunting for the perpetrators of Thailand's deadliest bombing arrested a foreign man on Saturday they said fitted the description of a suspect seen leaving a rucksack at the site of the Bangkok blast nearly two weeks ago. Among the dead were 14 foreigners, including seven from mainland China and...

  • BANGKOK, Aug 29- A suspect arrested in Thailand's capital on Saturday in connection with a bombing that killed 20 in Bangkok 12 days ago was a foreign national, a police spokesman said. Several television channels showed an image of a passport they said was found at the apartment in the northern Bangkok suburb where the man was arrested during a police raid.

  • BANGKOK, Aug 29- Police hunting for the perpetrators of Thailand's deadliest bombing arrested a suspect on Saturday they said fitted the description of a man seen on security cameras leaving a rucksack at the site of the Aug. 17 Bangkok blast. Police raided an apartment in a northern suburb of the capital on Saturday afternoon and discovered possible...