Thailand:Bad loans ready to peak Friday, 12 Aug 2016 – The surge in bad loans is expected to peak in the third quarter and take a bite out of commercial banks’ quarterly earnings, says a senior central bank official. Non-performing loans (NPLs) associated with small and medium-sized enterprises (SMEs) and housing are expected to rise […]
Read MoreThailand: Deadly bomb attacks target Thai tourist resorts Friday, 12 August 2016 – A series of explosions has killed at least three people and injured dozens more – including several tourists – in southern Thailand. One of the worst attacks appears to have taken place in the resort town of Hua Hin, where one person […]
Read MoreThailand: PH, Thailand launch exchange tourism deal Friday, August 12, 2016 – THE Philippines and Thailand have launched an “exchange tourism” agreement to encourage more Thai tourists to visit the Philippines and vice versa. “I realized that one would find their sceneries somewhat familiar to those that we have here but what struck me is […]
Read MoreThailand: Thai firm to invest in Mawlamyine power plant Friday, 22 July 2016 – Thai firm Siamgas and Petrochemicals Public Company is investing almost US$50 million in a gas-fired power plant in Mawlamyine township, it said yesterday in a filing to the Stock Exchange of Thailand. The company has set up a wholly owned Singaporean […]
Read MoreThailand: Thai transport quotas to rise Wednesday, 20 July 2016 – Cambodia and five other countries that share the Mekong River have agreed to open their borders to more commercial truck and tourist bus traffic as part of a transnational agreement aimed at promoting regional logistics and tourism, a senior transport official said yesterday. Transport […]
Read MoreThailand: Thailand considers buying more power from Laos Tuesday, 19 July 2016 – Thailand may buy 9,000 megawatts of electricity from Laos this year to ensure sufficient supply to meet rising demand, says a senior official at the Energy Ministry. That is nearly 30% higher than the 7,000MW Thailand currently buys annually from Laos, according […]
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