Saturday, July 14, 2012
International Monetary Fund chief Christine Lagarde has announced a new office aimed at boosting its support for Myanmar as the impoverished nation grapples to revive its long-neglected economy.
Thursday, June 28, 2012
A property bubble is forming in Bangkok and other Thai cities, as well as in Vietnam and Myanmar, partly because of euphoria over the forthcoming Asean Economic Community, an economist has warned, while a senior banking executive played down such fears, saying no bubble had been detected.
Tuesday, June 19, 2012
Thai farmers and traders stand to lose business as they face a serious challenge from many foreign firms, mainly Singaporean, which have set up rice-trading operations and plantations here under Asean seamless trade.
Thailand has provided a grant and a soft loan to finance a railway extension from the Lao-Thai border into central Vientiane over the next couple of years, according to the Thai News Agency.
Thursday, May 24, 2012
Thai oil giant PTT said Wednesday it had struck a deal to buy East Africa-focused Cove Energy for 1.22 billion pounds (US$1.92 billion), trumping a rival offer from Royal Dutch Shell.
Tuesday, May 22, 2012
Thailand's economy posted double-digit growth in the first quarter of 2012, rebounding sharply from the fallout of last year's devastating floods, official data showed Monday.
Monday, May 21, 2012
At a United Nations forum in Singapore late last month, policymakers were told that Asia needs clean energy to power sustainable and inclusive economic growth. Balancing sustainable development with high rates of economic growth requires agreement on a new energy compact for Asia and the Pacific.
Saturday, May 12, 2012
Thailand's central bank on Friday upgraded its forecast for the kingdom's economic growth this year, predicting an expansion of 6 percent thanks to a recovery from last year's massive floods.
Friday, May 11, 2012
Thailand's foreign debt rose to a record high of US$119 billion or 3.6 trillion baht in March, but the Bank of Thailand insists the country's external exposure is balanced by asset holdings.
Tuesday, May 8, 2012
Buffeted by many winds of change, the retail industry will enter an era of transformation, which will lead to a totally new “ball game” with new rules and roles.