Showing 1 - 10 of 110
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Thailand kicks off first phase of digital wallet scheme
Reuters, Published on 25/09/2024
» The government on Wednesday launched the first phase of its flagship US$14 billion stimulus handout scheme, which will eventually see an estimated 45 million people receive 10,000 baht each, saying it would spark economic activity.
Malaysia arrests CEO of firm linked to child sex abuse scandal
Reuters, Published on 19/09/2024
» KUALA LUMPUR - Malaysian authorities on Thursday arrested the chief executive and other senior managers of an Islamic conglomerate accused of running charity homes where children were allegedly sexually abused, amid a widening police dragnet in the case.
Thailand pushing for talks to repair key Myanmar highway
Reuters, Published on 19/09/2024
» The government wants to work with warring sides in Myanmar to repair a key highway cutting through the conflict-ridden country as it seeks to stabilise its borders areas and ensure trade routes are open, Foreign Affairs Minister Maris Sangiampongsa said on Thursday.
Thai industrial sentiment down on weak demand
Reuters, Published on 18/09/2024
» Industrial sentiment fell in August due to weak domestic demand, high production costs and floods, the Federation of Thai Industries (FTI) said on Wednesday.
Myanmar's flooding death toll jumps to 74, state media reports
Reuters, Published on 15/09/2024
» Myanmar's flooding death toll rose to 74 as of Friday evening, according to a state media report on Sunday, after heavy rains triggered widespread floods across the war-torn country.
Vietnam's Typhoon Yagi death toll passes 250, scores still missing
Reuters, Published on 14/09/2024
» HANOI - The death toll in Vietnam from Typhoon Yagi and the landslides and flash floods it triggered rose to 254 on Friday, authorities said, as flood waters receded, and search efforts pressed on.
Floods in Myanmar leave 19 dead, displace thousands
Reuters, Published on 13/09/2024
» NAYPYITAW - At least 19 people were killed in Myanmar after heavy rains triggered floods in and around the war-torn country's capital city, with rescuers moving some of the 3,600 people displaced to safer areas on boats, according to the national fire service.
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
Super Typhoon Yagi hits Vietnam after killing two in China
Reuters, Published on 07/09/2024
» HANOI - Asia’s most powerful storm this year made landfall in northern Vietnam on Saturday, killing at least four people after tearing through the Chinese island of Hainan and the Philippines.