Asia Top News and Analysis Thailand

  • Revised Power Development Plan needs 800 bln baht for infra- Bangkok Post.

  • MELBOURNE, Oct 4- Australian shares rose 0.2 percent early on Thursday as gains in banks offset weaker miners, with sentiment supported by encouraging jobs growth data in the United States.

  • Taiwan's EVA Airways recently announced it will begin Yangon- Bangkok- Taipei flights on Oct. 19. Deputy Director of Civil Aviation Nweni Win Kyaw told The Associated Press several other airlines have recently announced direct flights to Yangon, including Korean Air, Japan's ANA and Germany's Condor.

  • BANGKOK, Oct 3- Stocks in Singapore, Malaysia and Indonesia edged slightly lower in light to moderate volume on Wednesday as commodities and energy shares such as Golden Agri-Resources. Singapore- listed commodities firm Golden Agri-Resources fell 3.1 percent, dragging down the benchmark Straits Times Index. After a choppy session, Bangkok's SET index.

  • Oct 3- Malaysia's exports probably fell further in August, hit by weaker demand in China for its electronic products and lower commodity prices, economists polled by Reuters said, leaving the country more dependent on domestic demand to support growth.

  • The U.S. Labor Department will release employment data for September on Friday. Britain's FTSE 100 fell 0.1 percent to 5,801.45. Germany's DAX was less than 0.1 percent lower at 7,300.12 and France's CAC-40 lost 0.3 percent to 3,404.64.

  • Oct 3- As inflation has been under control, central banks across Southeast Asia are likely to continue supporting economic growth in the face of increased global risks from the euro debt crisis and signs of slowing in the United States and China. Asia inflation graphic: Asia inflation stories Asian central banks.

  • Siam Commercial Bank has emerged the best performer on earnings metrics among 25 companies in Thailand's financials sector, data from Thomson Reuters StarMine shows. The stock hit a 52- week high at 172 baht on Sept. 28. Rojana Industrial lags the sector with an EQ score of 3. CONTEXT:.

  • MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and a weaker local dollar, enhancing export prospects. He noted markets were cautious after Spain said a request for European aid was not imminent.

  • MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and the local dollar weakened, enhancing export prospects.

  • Shares in CP All Pcl, Thailand's largest convenience store chain, hit their highest in more than four months on hopes of strong fourth-quarter earnings and the stock's attractive valuation. At the mid session break of 0530 GMT, CP All shares were up 3.45 percent at 37.5 baht, their highest since May 14.

  • MANILA, Oct 3- Philippine annual inflation probably stayed close to 4 percent in September due to higher food costs, but the pace is unlikely to reduce the central bank's ability to cut interest rates, with the overall price outlook still favourable. "We are not unduly worried about inflation," said Eugene Leow, an economist at DBS in Singapore.

  • BANGKOK-- Asian stocks flattened out Wednesday as skittish investors waited for a key U.S. jobs report later in the week that will signal whether the world's largest economy is on the mend. The U.S. Labor Department will release employment data for September on Friday.

  • Shares in TPI Polene Pcl rose 6.8 percent to 14.1 baht, climbing at one point to 14.5 baht, their highest since May 3, following positive management guidance on cement prices.

  • MANILA, Oct 3- The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday as a slump in global demand weighs on the region's powerhouses China and India and on its other export-dependent economies.

  • *Worries over new flooding hurt confidence. BANGKOK, Oct 3- Data from University of the Thai Chamber of Commerce. -Consumer confidence in Thailand edged up in August, lifted by government stimulus measures and delays in tax increases as the economy continued to recover from devastating flooding in late 2011. But global economic risks could weigh on sentiment.

  • The U.S. Labor Department will release employment data for September on Friday. Markets in mainland China and South Korea were closed for public holidays. "Holidays in China and hesitancy ahead of Friday's US jobs report will keep market activity restrained today," analysts at Credit Agricole CIB in Hong Kong said in a report.

  • MELBOURNE, Oct 3- Australian shares hit a 14 month-high on Wednesday as banks and broader stocks surged after the central bank cut interest rates and the local dollar weakened, enhancing export earnings. Top banks were all higher, led by National Australia Bank. "People are rethinking everything," said Macquarie Equities division director Lucinda Chan.

  • GLOBAL MARKETS-US stocks flat, euro up as Spain bailout in focus. >Wall St slips on Spain, earnings worries. >Euro hampered by Spain; AUD bruised by rate cut.

  • The ADB said growth in developing Asia, which includes giant emerging economies such as India, China and Indonesia, will slow to 6.1 percent this year from 7.2 percent last year and only partly rebound to 6.7 percent in 2013. It had previously forecast growth of 6.9 percent for 2012 and 7.3 percent for 2013. The forecasts don't include Japan, an advanced economy.