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March 25, 2017

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Business > Asia > Thailand
Thailand should consider adopting a Japanese model called Hometown Investment Trust Fund (HTITF) to promote small business startups, according to Naoyuki Yoshino, dean of the Asian Development Bank Institute (ADBI).
 
Scratching a living
Thai workers load pumpkins on a truck at a flower market in Bangkok, on Thursday, Jan. 5. Thailand's minimum wage is US$8.38 per day.
 
Tourism rising
The full moon is seen through a large sign during the Full Moon Party on Ko Phangan island in the southern Thai province of Surat Thani on the night of Tuesday, Dec. 14.
 
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.
 
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