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Thailand: GDP growth seeks port in a storm

With tropical storms bringing downpours across Thailand, many are left wondering if the torrential rains and dark clouds augur forthcoming economic woes, shattering hopes of a rebound. Thailand’s reputation as one of the Asian economic tigers is long gone. Vivid memories of the 1997 economic collapse and anxiety over the current tepid conditions lend credence […]

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Thailand: Confidence at lowest ebb in August

Consumer confidence plunged to the lowest level in 33 months in August as people fretted over domestic political stability, slowing economic growth and global economic uncertainty. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 73.6 points last month from 75 in July, […]

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Thailand: Four firms at risk of de-listing

The Stock Exchange of Thailand has announced that four securities face a possible de-listing due to failure to submit last year’s financial statements. The securities are Inter Far East Energy Corporation Plc (IFEC), KC Property Plc (KC), KTech Construction Plc (KTECH) and Rich Asia Corporation Plc (RICH). “These companies have failed to submit their yearly […]

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