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September, 27, 2016

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Business > Asia > Thailand
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.
 
The Bank of Thailand is closely monitoring the massive flow of bank deposits to higher-return financial instruments as well as some physical assets, fearing that the search for money may cause bubbles in some segments of the economy.
 
Thailand has long served as one of the globe's main rice bowls, but chronic water shortages are pushing the country to move away from a grain that dominates its fields and has defined a way of life for generations.
 
The Thai Ecotourism and Adventure Travel Association (TEATA) is planning activities to encourage solo tourists and young travellers to visit local communities.
 
Thailand's economy is expected to maintain growth momentum this year, with economists projecting a 3.2-3.4 percent growth rate.
 
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