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December, 9, 2016

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Business > Asia > Thailand
Fears loom as Thailand's economic growth slows in Q3
Thailand's economic growth slowed in the third quarter, data showed Monday, with fears of further pain to come in a nation plunged into mourning following the death of its long-serving King Bhumibol Adulyadej.
 
The Thai King's death saw a recovery in stocks Friday that buckled during his final days, but analysts warned uncertainty over the nation's future without its uniting figure posed fresh risks for an economy already battered by a decade of political turmoil.
 
Red Lobster is getting a US$575 million investment from a Thai seafood exporter of shrimp that The Associated Press found last year came from supply chains tainted by slavery.
 
Thai stocks tumble after health update on king
Thailand's stock exchange plunged on Monday after the palace said hospital-bound King Bhumibol Adulyadej's health was "not stable" in an update that has raised fears for the 88-year-old.
 
Thailand's GDP gain slows to 0.8% in second quarter
Thailand's economic growth slowed in the three months to June, new figures released Monday showed, days after a string of bomb and arson attacks struck the country's crucial tourism sector.
 
Thailand feeling effects of political uncertainty ahead of a referendum
Thailand's stagnating economy is unlikely to get much of a boost from a referendum Sunday on a new constitution proposed by the military government, which took power in a 2014 coup.
 
Thailand's military rulers Monday said a rice subsidy scheme by the government it ousted cost the state more than US$8 billion, adding former leader Yingluck Shinawatra should be personally sued for the loss.
 
Watch out! Thai timepiece studio dials up the competition
Architects by training but designers of timepieces in their souls, Tuangthong Anandetpaisan and Phanthipha Mongkolla first met while studying at King Mongkut's Institute of Technology Ladkrabang and reunited in 2012 to set up N.IX Studio,....
 
New software gives blind people access to the internet in Laos
The government of Laos has teamed up with international organizations to help blind people in Laos gain easier access to information and communication technology through new software.
 
As Thailand is surrounded by neighboring countries that only circulate banknotes, the Royal Thai Mint is eyeing Cambodia, Laos, Myanmar and Vietnam (CLMV) for its regional expansion plan.
 
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