Economy

25 August 2024
An aerial view shows trees and houses in the aftermath of floods, in Phrae Province, Thailand, Aug. 24. (Thailand's Department of Royal Rainmaking and Agricultural Aviation/Handout via Reuters)
Frequent disasters encourage Southeast Asians to prepare. A man drives a motorbike in a flooded street after heavy rains in Hanoi, Vietnam, in September 2023.
Natural disasters

Philippines, Vietnam, Thailand and Cambodia top global disaster-readiness poll

Alerts, household planning build resilience as volatility rises, Gallup says

25 August 2024
According to a Reuters poll, 24 out of 27 economists expected the central bank to stand pat, while the rest saw a 25 basis point rate cut.
Economy

Thai central bank stands pat to assess impact of political instability

Bank of Thailand balances growth and risk by keeping policy rate at 2.5%

21 August 2024
Paetongtarn Shinawatra has risen to Thailand's prime ministerial post on the strength of her father Thaksin's influence, but with that influence weakening, tough challenges lie in store for the 37-year-old as she takes up her first role in government. (Photo by Shinya Sawai) 
Asia Insight

Thailand's latest Shinawatra PM walks the same economic, political tightrope

Paetongtarn takes office with growth the key issue as father Thaksin calls party shots

20 August 2024
Containers await shipment at a port on the Chao Phraya River in Bangkok. 
Economy

Thai GDP grows 2.3% in April-June quarter

Just-released figure beats analysts' expectations of 2.1% expansion

19 August 2024
Vietnam's new leader To Lam, a former police officer, was appointed Communist Party general secretary in August. 
Your Week in Asia

Japan-India 2+2, Thai GDP, Vietnam leader in China

Your weekly lineup of Asia's biggest business and political events

18 August 2024
The dollar is coming down from a prolonged period of strength, boosting Asian currencies. (Photo by Akira Kodaka)
Currencies

Ringgit, baht gain against dollar on speculation of U.S. rate cut

Asian central banks seen weighing own moves as inflationary pressures ease

13 August 2024
Thai authorities are purchasing blackchin tilapia at above market prices in an effort to control the population. (Thailand Ministry of Agriculture and Cooperatives)
Fisheries

Thailand grapples with invasive tilapia from Africa as CP deflects blame

Conglomerate brought in nonnative fish for research, pledges cooperation

13 August 2024
Myanmar traditional restaurant chain Khaing Khaing Kyaw first expanded business operations into the Thai market in November 2023 and has since opened a second branch in Bangkok in March this year. (Photo by Htet Phyoe)
Myanmar Crisis

Myanmar businesses flood Thailand to follow fleeing customer base

Growing number of restaurants, shops in Bangkok reflect population exodus from war-torn state

9 August 2024
HP has built up a massive China-focused supply chain for PCs but is now looking to reduce its reliance on Asia's biggest economy.   
Supply Chain

HP plans its most aggressive shift of production away from China

Thailand emerges as major factory destination as PC maker hires engineers in Singapore

7 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
The Bangkok headquarters of CP All, one of the companies whose shares have benefited from announcements related to the government's digital wallet initiative.
Equities

Thailand's top stocks reap gains on digital wallet rollout

Food retailers, convenience stores and lenders among main beneficiaries

1 August 2024
Malaysian Prime Minister Anwar Ibrahim is likely to stay in power until the next general election, expected in 2027.
Opinion

Malaysia sheds short-termism to become Asia's comeback kid

Investors embrace political stability as alarms sound over Thailand's fragility

24 July 2024
Thailand's Finance Minister Pichai Chunhavajira says the government's ($14 billion) digital wallet program is needed to raise incomes in the countrty. (Photo by Hiroki Endo)
Economy

Thailand sets $14bn digital wallet registration for August 1

Srettha government stands firm on handout to revive flagging economy

24 July 2024
This SRT train in Bangkok's Krung Thep Aphiwat Central Station prepares to depart for Vientiane on the newly opened line on July 19. (Photo by Shinya Sawai)
Transportation

Thailand's new rail links carry hope for expanded Chinese trade

Laos-China railway become a key gateway for Thai and Malaysian exports

23 July 2024
Foreign tourists wait at immigration at Bangkok's Suvarnabhumi International Airport. (Photo by Ken Kobayashi)
Economy

Thailand extends visa-free travel to 60 days for 93 countries

Tourism authority sets $94.1bn revenue target for 2025

16 July 2024
Ronald McDonald watches a delivery driver pick up an order in Bangkok, Thailand. As Grab and LINEMAN fight for survival, other players call it quits.
Business trends

Thai food delivery apps struggle to survive cutthroat market

Local player Robinhood to close as consumers return to their pre-COVID routines

16 July 2024
The Bangkok area's Suvarnabhumi Airport will be affected by the duty-free shop closures, along with seven other airports.
Travel & Leisure

Thailand to shut duty-free shops at airport arrival zones

Tourist destination wants visitors to spend more in the country

6 July 2024
Thailand's drive into data centers comes as the nation looks to modernize its industrial sector. (Nikkei montage/Source photo by Ken Kobayashi)
Economy

Thailand ramps up push into data centers

Companies such as Microsoft turning to Southeast Asian nation

5 July 2024
A garment factory in Hanoi. The minimum wage in the capital has increased about 80% over the past decade. (Photo by Atsushi Tomiyama)
Economy

ASEAN wage hikes worry industries benefiting from supply chain shift

Vietnam implements 6% nationwide raise; Thailand plans 'unrealistic' 14% increase

2 July 2024
The Taipei skyline. Taiwan has inked an investment agreement with Thailand in a potential boost for business.
International relations

Taiwan announces Thailand investment deal, marking first pact under Lai

Move picks up where Tsai left off in diversifying economic ties away from China

28 June 2024
Under plans to ease regulations on property ownership in Thailand, foreigners will be able to lease land for 99 years. (Photo by Ken Kobayashi)
Property

Thailand to court foreign buyers amid condominium supply glut

Government to ease rules as domestic purchasing power weakens

26 June 2024
The Stock Exchange of Thailand is staring down another year as Asia's worst-performing market. (Photo by Ken Kobayashi)
Markets

Thailand expands ESG fund criteria to boost sluggish bourse

Political risk and corporate scandals still haunt investor confidence

25 June 2024
Japanese automaker Toyota is grappling with the fallout of a safety scandal. Some proxy firms are advising investors to vote against reappointing Chairman Akio Toyoda as a director at the company's AGM.
Your Week in Asia

Toyota AGM, Thai gay marriage bill, Indonesian policy meeting

Your weekly lineup of Asia's biggest business and political events

16 June 2024
A Bangkok port: ASEAN has a new No. 1 export market now that the U.S. is increasing its procurement of electronic parts from the bloc and China's economy is stagnating.
Trade

U.S. tops China as ASEAN's largest export destination

Positions flip-flop for 1st time in 6 quarters, following supply chain shift

13 June 2024