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BUSINESS

WTO rules against Thailand in cigarette dispute

Reuters, Published on 13/11/2018

» GENEVA: Thailand has failed to comply with a World Trade Organisation ruling against its regulations on cigarette imports, a WTO dispute panel said on Monday, the first of two legal cases brought to the Geneva-based watchdog by the Philippines.

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BUSINESS

Japan Airlines' traffic tumbles in wake of natural disasters

Reuters, Published on 19/10/2018

» JEJU, South Korea: Japan Airlines Co Ltd's international traffic slid around 20% in September and domestic traffic fell about 10% in the wake of natural disasters, its president said on Friday.

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BUSINESS

Sept exports fall 5.2% y-o-y, first decline in 19 months

Reuters, Published on 22/10/2018

» The kingdom’s customs-cleared exports defied analyst expectations in September, dropping for the first time in 19 months, Commerce Ministry data showed on Monday.

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BUSINESS

BoT seen holding key rate, but hike possible before year-end

Reuters, Published on 17/09/2018

» Thailand's central bank is expected to yet again leave its key interest rate near record lows on Wednesday as it focuses on supporting growth as inflation remains benign, but analysts say policy tightening could be on the cards before year-end.

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BUSINESS

August factory output rises 0.7% y-o-y, below forecast

Reuters, Published on 25/09/2018

» Thailand's manufacturing production index (MPI) in August rose 0.66% from a year earlier, led by higher production of electronics, sugar, air conditioners and petroleum, the Industry Ministry said on Tuesday.

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BUSINESS

UBS: HK sits atop property bubble, Chicago is a steal

Reuters, Published on 27/09/2018

» ZURICH: Hong Kong has the most overvalued housing market while Chicago offers bargains, a study by Swiss bank UBS has found, suggesting real estate prices in most big cities remain too high, even though they've slipped lately.

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BUSINESS

Infrastructure fund prices IPO shares at 10 baht

Reuters, Published on 27/09/2018

» The Thailand Future Fund, a government infrastructure fund, priced shares for its initial public offer at 10 baht per share, it said in a security filing on Thursday.

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BUSINESS

Sugar, sugarcane output set to fall

Reuters, Published on 04/10/2018

» NEW YORK: Thai sugar and sugarcane production are forecast to decline in 2018-19 as consumption wanes and non-alcoholic beverage makers use less sugar after the nation passed a tax on sugary drinks, the US Department of Agriculture (USDA) said.

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BUSINESS

Central bank imposes mortgage curbs

Reuters, Published on 04/10/2018

» The Bank of Thailand, concerned about the number of property loans going bad, said on Thursday it will require buyers of homes worth more than 10 million baht and of second homes to make down payments of at least 20%.

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BUSINESS

IMF warns trade friction to hurt Asian growth

Reuters, Published on 12/10/2018

» NUSA DUA, Indonesia: Sustained trade tensions could slash Asia's economic growth by up to 0.9 percentage points in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.