Bangkok home prices may fall 10% – Resort area and luxury sector transactions...
By GREG LOWE IN BANGKOK BANGKOK’S residential property prices will fall by 10 per cent this year, while resort area transactions have ground to a halt, but domestic political turmoil may have prevented...
View ArticleThai economy shrinks 4.3% in Q4 as exports dive – Economy expected to...
By GREG LOWE IN BANGKOK THAILAND’S economy contracted for the first time in a decade when growth in the fourth quarter of last year plummeted to -4.3 per cent. And this year’s GDP growth is likely to...
View ArticleDark times ahead for Thailand, says Moody’s
By GREG LOWE IN BANGKOK THAILAND’S economy may be the worst hit in Asia as the global slump tightens its grip on the region, says Moody’s Economy.com. Yesterday’s interest rate cut by the Thai central...
View ArticleThailand yet to compensate airlines over airport closure
By GREG LOWE IN BANGKOK AIRLINES are yet to be compensated for losses they suffered when anti-government protesters blockaded Thai airports last year, despite government assurances of financial...
View ArticleThai banks hit by worsening asset quality
By GREG LOWE IN BANGKOK DETERIORATING asset quality is becoming a serious issue for Thailand’s commercial banks, according to new central bank figures, but analysts say the sector can face down the...
View ArticleHurdles seen in Asean’s way to achieve its goals
ASEAN’S 14th summit concluded in Thailand on March 1 having made some significant economic and political developments, but the association’s lofty goals will be hindered by protectionism and its...
View ArticleFiscal stimulus a key factor for Thai economy – Interview with Thai Finance...
By GREG LOWE IN BANGKOK GOVERNMENT activity and fiscal stimulus remain key factors driving the Thai economy which is showing strong signs of improvement after a rebound in exports to key global...
View ArticleEarnings of Thai listed firms soar 42% in 2009
By GREG LOWE IN BANGKOK THAI-LISTED companies saw net profits surge by 42 per cent last year to 446.51 billion baht (S$19.13 billion) on sales totalling 6.39 trillion baht, the Stock Exchange of...
View ArticleBangkok hopes protests won’t spark violence – But its security forces are...
By GREG LOWE IN BANGKOK THE government is hopeful that this weekend’s mass protests will pass without violence, but security forces are well prepared for any incident, Foreign Minister Kasit Piromya...
View ArticleThai businesses count the cost – Impact on local tourism seen to be severe if...
By GREG LOWE IN BANGKOK BUSINESSES that have been hit hard by months of protests and deadly clashes on the capital’s streets say that it is too early to assess the full impact of the recent violence on...
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