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Thailand cuts interest rate amid political strife
Maybelline, from the L’Oreal brand will be launching its new secret range of product on Line in a Flash Sale on December 16 Strengthening its position further in the Thailand market, South Korean mobile messenger Line has partnered with e-commerce enabler aCommerce and leading cosmetics brand L’Oreal for a Flash Sale. Maybelline, a prominent brand ... Thailand cuts interest rate as political strife compounds weakening outlook for growth
Thailand's central bank has lowered the cost of credit as escalating protests to topple the government add to pressures on the economy. Thailand's economy: Crisis? What crisis?
Political unrest is commonplace for Southeast Asia's second-largest economy. The markets haven't been fazed. Thailand cuts interest rate amid...
BANGKOK (AP) -- Thailand's central bank unexpectedly lowered the cost of credit Wednesday as escalating protests to topple the government add to pressure on the economy.The Bank of Thailand said it lowered its policy interest rate by a quarter percentage point to 2.25 percent, hoping to stimulate lending and investment.Flag-waving protesters vowing to topple Prime Minister Yingluck ... ASIA CREDIT CLOSE Indian Thai bonds underperform
HONG KONG, Nov 26 (IFR) - Asian credit spreads were under pressure today with bonds from India and Thailand being the main underperformers. The iTraxx Asia IG Index was at around 131bp today from 127bp/130bp at close yesterday. "There was selective profit-taking today because it's a holiday-shortened week with Thanksgiving on Thursday," said a Singapore-based trader. S&P's ... SE Asia telecom margins to decline as data importance grows, Fitch says
The competition and declining use of traditional voice and text services will lead to lower margins for most Southeast Asian telecom firms next year, but data demand growth will generally outpace margin decline, so cash generated and credit metrics will be broadly stable or slightly improve, except in Thailand, where large investment will increase leverage, according to Fitch Ratings. S&P lowers ThaiBev corporate rating, with 'stable' outlook
Standard & Poor's Ratings Services has lowered its long-term corporate credit rating on Thai Beverage to "BB+" from "BBB-", with a "stable" outlook. Thais can now buy Line stickers without credit cards
After Line brought its Web Store to Taiwan in October, Line finally introduced it to the Thai market. This makes Thailand the third country where the service is available. The Line Web Store allows users ... In 'Teflon Thailand,' protests test a weak economy
By Martin Petty BANGKOK (Reuters) - As anti-government protests roil Bangkok, the president of Thailand's largest petrochemical company is already seeing scattered disruptions to business. "We have taken into account the possibility of prolonged political problems and we think it could hurt our businesses next year," said Bowon Vongsinudom, president of PTT Global Chemical Pcl after days of ...