News

CP, ThaiBev line up for Thailand train deals

Charoen Pokphand Group, Thailand’s largest agro-industrial and food conglomorate, will propose a 150-billion-baht investment plan for a high-speed train linking Bangkok, Pattaya and Rayong this month, Transport Minister Prajin Juntong says. Keep reading ...

Laos, destination in illegal ivory trade, so far eludes global crackdown

When the authorities in Thailand recently intercepted huge stashes of ivory stuffed inside shipments of beans and tea leaves, the seizures were described as groundbreaking international police work. But there was a major omission in the operation, which took place over the past four months and uncovered ...

Foreigners flee Thai stocks

Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...

Jungle Vegas: How China's gamblers are pouring into a casino in Laos' notorious Golden Triangle

Kings Romans, a Chinese-owned casino complex in Ton Pheung district, Bokeo, is the centrepiece of a 10,000-square metre “Golden Triangle Special Economic Zone” set up by communist-ruled Laos with investment from its giant neighbour. The other Golden Triangle nations, Thailand and Myanmar sit just across river, ...

8 fishing 'slaves' pulled from Thai boat in PNG

Authorities in Papua New Guinea have rescued eight fishermen held on board a Thai-owned refrigerated cargo ship, and dozens of other boats are still being sought in response to an Associated Press report that included satellite photos and locations of slave vessels at sea. Two Myanmar ...

Thailand wants to buy submarines from China, US wary of growing relationship between military junta and Beijing

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries. The assistant commander made the claim aimed at persuading a skeptical public that the nation should invest in its military in a white paper sent to reporters, the Bangkok Post ...

Megaprojects biggest risk seen

Fund managers estimate the Stock Exchange of Thailand index will hover between 1,350 and 1,559 points this year, with public investment in infrastructure projects the biggest risk factor. The big question is whether the government will be able to invest in infrastructure projects as planned, said ...

Post-coup Thailand sees economic slump putting pressure on junta

Thailand’s government is under increasing pressure to overhaul the cabinet and bolster the economy as falling exports, eroding consumer confidence and a slump in manufacturing portend one of the region’s slowest expansions. The finance ministry has cut its forecasts for exports and gross domestic product growth ...

Thai activists hold alternative 'review' of coal plant

Songkhla residents protesting against plans for a new coal-fired power plant and sea port in Thepa district held their own “public review” 28 July. The move followed their boycott of the third and final public of the third and final public hearing on the Environmental and Health ...

Thailand, Myanmar sign visa-free agreement

Thailand and Myanmar signed an agreement on Tuesday to allow citizens with ordinary passports to make visa-free visits of up to 14 days. It will come into effect on 11 August. Keep reading ...

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