Asia Top News and Analysis Thailand

  • BANGKOK— A Thai court has ordered Ford Motor Co. to pay 291 customers a total of about $720,000 in compensation for selling cars equipped with faulty transmissions. Most of the plaintiffs in the class action suit will get payments of $800 to $8,000 each depending on the number of times and length of time their cars took to be repaired. Last year, Dearborn, Michigan-...

  • Pakron Peethathawatchai, president of the Stock Exchange of Thailand, says Thai exporters have diversified sufficiently to remain resilient to tariff hikes.

  • BANGKOK, THAILAND - JULY 27: A tug boat passes the Wat Arun Buddhist shrine, the Temple of Dawn, on the Thonburi west bank of the Chao Phraya River on July 27, 2018 in Bangkok, Thailand.

    The Bank of Thailand is likely to keep interest rates on hold this week, according to strategists who spoke to CNBC.

  • The U.S. Treasury Department said in a statement that My Aviation Co. Ltd., headquartered in Bangkok, "provides cargo services to Mahan Air, to include freight booking," as well as passenger booking services. "Mahan Air continues to fly into Syria every week, even as millions of innocent civilians in Idlib province are under threat of imminent attack from the...

  • Go-Jek President Andre Soelistyo told CNBC that the team in Thailand was working to make the app operational soon. 

  • Governor Veerathai Santiprabhob says the central bank has strong international reserves and a healthy current account surplus.

  • BANGKOK— A wildlife monitoring group says research it has conducted since 2016 has found a sharp increase in the number of people belonging to Facebook groups in Thailand where endangered animals are bought and sold. The monitoring network TRAFFIC said its researchers found 1,521 animals for sale online in 12 Facebook groups in Thailand in less than a month...

  • BEIJING, Sept 7- The African swine fever spreading rapidly in China is "here to stay," the U.N. Food and Agriculture Organization said on Friday, adding that it was almost certain to spread to other Asian countries. The fever was first detected in China in early August and has been found in 18 farms or abattoirs in six provinces, with many cases more than a 1,000 kms apart,...

  • BEIJING, Sept 7- The African swine fever spreading rapidly in China is "here to stay", the U.N. Food and Agriculture Organization said on Friday, adding that it was almost certain to spread to other Asian countries. The fever was first detected in China in early August and has been found in 18 farms or abattoirs in six provinces, with many cases more than a 1,000 kms apart,...

  • BEIJING, Sept 7- African swine fever, currently spreading rapidly in China, is "here to stay", said the U.N. Food and Agriculture Organization in a statement on Friday, adding that it was "almost certain" to reach other Asian countries. ASF was first detected in China in early August and in just over a month has been detected in 18 farms or abattoirs in six provinces, said...

  • Amid the carnage in emerging market currencies over the past two weeks, a few have held up relatively well. The Thai baht, in fact, has stood out with its exceptional performance.

  • Shoppers in Hong Kong.

    The outlook for consumer spending in Asia is bright. And while risks from rising global trade tensions are real, they are unlikely to upend the long-term positive scenario.

  • Elon Musk, co-founder and chief executive officer of Tesla Inc.

    In an email to BuzzFeed News, Musk accuses the cave diver of being a "child rapist," in the strongest words the billionaire has had for him since calling him a "pedo" in July.

  • BEIJING, Sept 5- The United Nations is holding an emergency meeting this week with animal health experts in Asia to discuss the threat of African swine fever after the first outbreak of the disease in the region was discovered in China last month. Its arrival in China marked a new front in the battle to control the disease, which has traveled from Europe over the...

  • A teller at a money changer handles Indonesia rupiah bank notes in Jakarta, Indonesia November 11, 2016.

    Emerging markets succumbed to a sell-off again on Tuesday, with currencies tumbling across the board — some to new record lows.

  • Man showing passport, close-up

    Bill Heinecke's drastic decision turned out to be a savvy business move.

  • BANGKOK, Sept 4-- Governments are unprepared for a crucial climate change meeting in Poland later this year aimed at ensuring the full implementation of the 2015 Paris Agreement, Fiji Prime Minister Josaia Voreqe Bainimarama said on Tuesday at the opening of climate talks in Bangkok. Bainimarama, who is also president of the COP23 or 23rd annual Conference of...

  • BANGKOK, Sept 4-- Governments are unprepared for a crucial climate change meeting in Poland later this year aimed at ensuring the full implementation of the 2015 Paris Agreement, Fiji Prime Minister Josaia Voreqe Bainimarama said on Tuesday at the opening of climate talks in Bangkok. Bainimarama, who is also president of the COP23 or 23rd annual Conference of...

  • BANGKOK, Aug 30- Pimpa Panlao, 31, is struggling to pay off an 80,000 baht bank loan and spends a third of her income from selling women's accessories at a Bangkok market to repay the loan. With a debt mountain of 12.17 trillion baht at the end of March, the equivalent of 77.6 percent of gross domestic product, Thai households are among the biggest borrowers in Asia and...

  • *Strain in China is similar to one that hit Russia, Estonia- FAO. BEIJING, Aug 24- China is culling over 1,300 pigs as authorities rush to control a fourth outbreak of African swine fever and try to trace the origins of the virus that first struck the world's largest hog herd three weeks ago. The discovery and two other cases reported in Henan in central China and...