Asia Top News and Analysis Thailand

  • *Philippine demand could underpin Vietnam, Thailand prices. MANILA, Jan 22- Rice traders in the Philippines are set to import about 1.2 million tonnes of the staple food, a state grains agency spokeswoman told Reuters on Tuesday, as the Southeast Asian country lifts a two-decade-old cap on purchases. Bigger rice purchases by the Philippines, already one of the...

  • TOKYO, Jan 22- Three-quarters of Japanese companies have no plan to create committees overseeing compensation or executive nomination, a Reuters poll found, reflecting indifference to boosting governance after the arrest of former Nissan boss Carlos Ghosn. "Nissan acknowledges that the misconduct by its former chairman Carlos Ghosn and former...

  • BANGKOK, Jan 21- Thailand's fourth-largest lender, Krungthai Bank Pcl, reported a 27 percent jump in annual profit on Monday due to loan growth and smaller provisions to cover bad loans. Krungthai said its 2018 net profit totalled 28.5 billion baht, but that missed an average estimate of 29.4 billion baht by 21 analysts in a Refinitiv poll. Krungthai Bank's...

  • A wooden sign for mobile pay QR codes at a store in Suzhou, China.

    In just a few years, mobile pay has become so ingrained in the lives of Chinese people that they are driving stores in overseas tourist destinations to adopt the technology.

  • CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...

  • Tokyo skyline

    A decades-old way of categorizing and analyzing Asian economies and equities that puts Japan in a class of its own is fast losing relevance, experts said.

  • MUMBAI, Jan 16- India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after...

  • DETROIT, Jan 15- Fiat Chrysler Automobiles NV Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could sell in Latin America and other markets outside the United States to compete with models such as Ford Motor Co's Thailand- built Ranger. "A gaping hole in our portfolio is a metric ton...

  • A pick-up in consumer spending ahead of several elections in Asia will boost the sector even amid slowing growth regionally, said an analyst on Tuesday.

  • Outside the United Nations office buildings in Bangkok. The UN said on Jan. 9, 2019 that it was investigating the case of 18--year-old Saudi woman Rahaf Mohammed al-Qunun seeking asylum, after her plea against deportation.

    An 18-year-old Saudi woman who said she was abused by her family and feared for her life if deported back home left Thailand on Friday night for Canada, which has granted her asylum.

  • OSLO/ BANGKOK, Jan 10- Thailand's Total Access Communication said on Thursday it would pay close to $300 million to settle legal disputes with state-owned CAT Telecom Public Co Ltd, sending DTAC shares tumbling more than 17 percent. "Over the 27- year concession period, DTAC and CAT have been engaged in numerous litigation cases, mostly over differences in...

  • The Australian Federal Police emblem seen during a 2014 press conference.

    Australian police said on Thursday they had arrested a 48-year-old man for sending as many as 38 suspicious packages to diplomatic embassies and consulates across the country.

  • Outside the United Nations office buildings in Bangkok. The UN said on Jan. 9, 2019 that it was investigating the case of 18--year-old Saudi woman Rahaf Mohammed al-Qunun seeking asylum, after her plea against deportation.

    The UN has asked Australia to consider refugee resettlement for an 18-year-old Saudi woman who fled to Thailand saying she feared her family would kill her.

  • Residents from co-living startup Roam at a community event in Bali, Indonesia.

    It may seem like a niche real estate trend but more investors and customers are flocking to co-living, where people — sometimes complete strangers — share communal spaces.

  • Outside the United Nations office buildings in Bangkok. The UN said on Jan. 9, 2019 that it was investigating the case of 18--year-old Saudi woman Rahaf Mohammed al-Qunun seeking asylum, after her plea against deportation.

    The U.N. refugee agency on Tuesday said it was investigating the case of an 18-year-old Saudi woman who fled to Thailand saying she feared her family would kill her.

  • New Bangkok International Airport, Bangkok, Thailand, on 21 October, 2006.

    A human rights group urged Thai authorities on Monday to halt plans to deport an 18-year-old Saudi woman who says she is fleeing abuse from her family and fears they will kill her if she is returned home.

  • SINGAPORE, Jan 7- Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative to avoid being trapped in unsustainable debt, 70 percent of respondents said in a policy survey released on Monday. "The conventional wisdom that China holds sway in the economic realm while the United States wields its influence in...

  • SINGAPORE, Jan 7- Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative to avoid being trapped in unsustainable debt, 70 percent of respondents said in a policy survey released on Monday. "The conventional wisdom that China holds sway in the economic realm while the United States wields its influence in...

  • URUMQI/KASHGAR/HOTAN, China, Jan 6- China will not back down on what it sees as a highly successful de-radicalisation programme in Xinjiang that has attracted global concern, but fewer people will be sent through, officials said last week in allowing rare media access there. Beijing has faced an outcry from activists, scholars, foreign governments and U.N....

  • It may not look likely at the moment, given that an economic downturn in China prompted iPhone-maker Apple Inc to lower its quarterly revenue forecast on Wednesday for the first time in a decade. Its shares slumped nearly 10 percent after Chief Executive Tim Cook blamed the U.S.- China trade war and "economic deceleration," prompting broad selloffs around the...