ASEAN nations top in ‘dirty money’ export
December 14, 2013
Malaysia, Indonesia, Thailand, the Philippines and Brunei are among the top 25 "dirty money" exporters out of 150 developing countries from 2002 to 2011, according to a recent report of…
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Thailand’s gem market in sharp decline
Revenue of the gem market in Thailand is poised to plunge 7 to 10 per cent in 2013, the deepest decline in 10 years, hit by several negative factors including…
Smartphone protest apps go viral in Thailand
Thai anti-government protesters are taking social media to a new level: During the week-long street rallies to oust the government of Yingluck Shinawatra, smartphone applications have been created to give…
Bleak outlook for Thai economy
The political tensions in Thailand are taking their toll on the economy. While tourism arrivals dropped 15 per cent from November 2013, Bank of Thailand Governor Prasarn Trairatvorakul acknowledged on…
ADB scales down ASEAN growth outlook
The Asian Development Bank (ADB) has lowered its growth forecast for Southeast Asia’s major markets due partly to an expected economic slowdown in the Philippines following the devastation brought by…
S&P warns of Malaysia’s household debt
Rating agency Standard & Poor’s has said that Malaysia’s rising household debts, while still manageable in this current economic condition, would be “problematic” if the country’s growth rate slows in…
Thailand’s struggle with Islamic finance
Islamic finance has not taken off yet in Thailand despite the country’s only Islamic lender, state-owned Islamic Bank of Thailand, or iBank, is trying its best to raise more awareness…
Next: Unpaid Thai rice farmers may protest
The populist rice pledging scheme in Thailand, which was originally meant to keep millions of rice farmers loyal to the government by buying rice from them high above market rates,…
Thai tourism starts to feel impact from riots
Street protests in Bangkok over the past weeks and a still tense situation on who will rule the country in the future have finally taken their toll on the tourism…
7-Eleven gets ready for Vietnam
The 7-Eleven chain of convenience stores, under its franchise of Thailand’s CP All food and retail group, will enter the Vietnamese market with the next 60 days, sources say according…
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