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THAILAND

Govt eyes Section 44 to fast-track Suvarnabhumi runway

Bloomberg News, Published on 03/05/2016

» In a move that may be cheered by tourists but faulted by democracy campaigners, the government is considering using Section 44 of the interim constitution to speed up the approval of a new runway at Bangkok’s Suvarnabhumi airport.

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BUSINESS

Puerto Rico defaults on $422m debt

Business, Bloomberg News, Published on 03/05/2016

» SAN JUAN: Puerto Rico has defaulted on a US$422-million bond payment for its Government Development Bank (GDB), escalating what is turning into the biggest crisis ever in the $3.7-trillion market that US state and local entities use to access financing.

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WORLD

The shipyard that became a parking lot

Bloomberg News, Published on 16/04/2016

» TOKYO: Chinese shipbuilders are under so much financial strain one of them is literally being turned into a parking lot.

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WORLD

Disneyland's opening day tickets sold out

Business, Bloomberg News, Published on 29/03/2016

» Tickets for the June 16 opening day of Walt Disney Co's new theme park in Shanghai were sold out on its official ticketing website hours after going on sale at midnight on Monday.

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BUSINESS

Ford to revamp Lincoln Navigator SUV with retro style

Business, Bloomberg News, Published on 24/03/2016

» Chicago: Ford Motor Co is showing off a concept version of the Lincoln Navigator large sport utility vehicle with a retro look and lavish interior as the automaker tries to rebuild its luxury brand.

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BUSINESS

Shanghai shares rally as margin debt curbs ease

Bloomberg News, Published on 21/03/2016

» SHANGHAI — China’s benchmark stock index rallied above the 3,000 level for the first time in two months and turnover surged after policy makers loosened controls on margin lending.

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WORLD

IMF: Vietnam’s economy at risk without reforms

Bloomberg News, Published on 21/03/2016

» Vietnam risks being vulnerable to external shocks if it does not push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde.

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BUSINESS

Rice out, beans in as farmers go back to school

Bloomberg News, Published on 11/03/2016

» Rice farmer Prapatpon Rungsatien perches on a plastic chair in a Chai Nat classroom. Ceiling fans stir the humid air as she and 49 of her neighbours hunker down for a talk on Southeast Asian economics.

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WORLD

Moody’s cuts China rating outlook on debt, reform risks

Bloomberg News, Published on 02/03/2016

» SHANGHAI -- China’s credit-rating outlook was lowered to negative from stable at Moody’s Investors Service, which highlighted the country’s surging debt burden and questioned the government’s ability to implement reforms just days before leaders gather to approve a five-year road map for the economy.

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BUSINESS

Thai bonds win as negative-rate refugees hunt yields

Bloomberg News, Published on 19/02/2016

» Japanese investors fleeing negative bond yields at home boosted Thai debt holdings to a 21-month high, supporting the market as the Southeast Asian nation’s biggest pension fund considers switching to stocks.