Thailand
Thailand records current account deficit of US$7.6 billion in April
Economic growth slowing due to impact from the Middle East war
Russians are thriving on Phuket, but the scene feels fleeting
Thousands who fled Russia after the invasion of Ukraine have built an enclave there. An air of impermanence hangs over their community
War stress pushes Indonesia, Thailand to lean on short-term debt
Rupiah has hit record lows and become Asia’s worst-performing currency this quarter
Global fuel crisis adds urgency to Cambodian push to tap US$300 billion energy resources
Phnom Penh urges swift resolution of maritime row with Thailand to unlock assets; majors interested, but there are capacity challenges, minister says
Thai housing demand recovering, but outlook clouded by energy shock risks
Rising power costs, soft domestic demand, pullback in foreign buying expected to weigh on the sector
Thailand’s trade deficit hits record US$10 billion as imports soar
Exports, meanwhile, are up 23.1%, slightly above the median forecast
Thai Q1 growth unexpectedly accelerates on spending, exports
GDP in the three months through March rises 2.8% from a year earlier
Thailand tighten rules on visas exemptions for tourists
The measures will come into effect within 15 days of an announcement in the country’s official gazette
Thailand defies court challenge to push through crisis borrowing
The plan includes cash handouts for about 13 million welfare cardholders
Court challenge throws Thailand’s crisis loan plan into doubt
This comes as Thailand faces mounting strain from higher energy costs and weakening demand linked to the Middle East conflict