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BUSINESS

Thai shares slump for ninth straight day

Reuters, Published on 09/12/2019

» Most Southeast Asian markets weakened on Monday, as worries over poor economic data from China offset Wall Street cheer on strong US jobs data, while investors buckled in for a crucial week of trade negotiations.

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BUSINESS

Sugar production seen remaining weak

Reuters, Published on 10/02/2020

» DUBAI: A sharp fall in production in Thailand has propelled sugar prices to the highest level in more than two years and early indications for next year suggest another poor crop is likely, participants at a sugar conference in Dubai said.

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BUSINESS

Most SE Asia stocks end lower, but Vietnam surges

Reuters, Published on 06/05/2020

» As Thai markets closed for a holiday, most Southeast Asian stocks fell in low-volume trade on Wednesday as poor economic data capped risk sentiment, but Vietnam jumped more than 2% to its best session in more than a month.

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BUSINESS

Outlook 'bleaker than expected'

Reuters, Published on 04/06/2020

» The economy will contract more than expected this year and the jobs outlook to deteriorate sharply from the impact of the coronavirus outbreak, minutes from the central bank's latest meeting showed on Thursday.

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BUSINESS

Investors shun Thailand as growth weakens, protests heat up

Reuters, Published on 02/09/2020

» SINGAPORE/HONG KONG: A selloff in the baht, underperforming stocks and pressure on the bond market reflect growing concern from global investors over political instability and the growth outlook in Southeast Asia's second-biggest economy, analysts and fund managers say.

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BUSINESS

Indonesia sovereign wealth fund aims to raise $15bn

Reuters, Published on 17/11/2020

» JAKARTA: Indonesia's new sovereign wealth fund will offer dedicated industry funds in a bid to drum up $15 billion (543 billion baht) and deepen access to global capital by Southeast Asia's biggest economy, finance minister Sri Mulyani Indrawati told Reuters.

BUSINESS

Myanmar banks reopen after closing amid military coup

Reuters, Published on 02/02/2021

» Myanmar banks in the commercial hub of Yangon reopened on Tuesday after halting financial services a day earlier due to poor internet connections after the military seized power in the country, a Reuters witness said.

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BUSINESS

Govt to accelerate vaccinations, stimulus measures - PM

Reuters, Published on 22/09/2021

» The government will speed up vaccinations and introduce urgent stimulus measures to mitigate the impact of its most severe coronavirus outbreak, Prime Minister Prayut Chan-o-cha said on Wednesday.

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BUSINESS

Oct industries sentiment at 5-month high on travel reopening

Reuters, Published on 08/11/2021

» Thailand's industries sentiment rose for a second straight month in October to a five-month high, bolstered by improved economic activity following an easing of coronavirus curbs, including a travel reopening, an industries group said on Monday.

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BUSINESS

Dyson drops Malaysian supplier over labour concerns

Reuters, Published on 25/11/2021

» Electric appliance pioneer Dyson said Thursday it is dropping a Malaysian supplier following an audit of its labour practices, the latest company in the country to face such concerns.