Thailand

Oil tanks at a petroleum depot in the port of Vladivostok, Russia. Myanmar starts importing Russian fuel oil as early as September.
Ukraine war

Thailand, Vietnam, Myanmar deepen Russia ties to blunt economic woes

Southeast Asia nations seen giving Moscow breathing room on sanctions

6 September 2022
The Thai Film Archive complex features a wax figure of Thai Indian producer and director R.D. Pestonji. (All photos courtesy of the Thai Film Archive)
Arts

Cutting-edge archives project Thailand's film history

In a remote Bangkok suburb, a museum and a preservation lab realize a movie dream

2 September 2022
The dollar's nominal effective exchange rate against a broad basket of currencies, including from both advanced and emerging economies, is now at one of its highest points since it started publicizing the data in 1994. 
Currencies

Superstrong dollar threatens debt crisis across emerging economies

Mexico pressured to follow Fed hikes, while Sri Lanka's repayment costs soar

2 September 2022
A flood gate along the edge of the Chao Phraya River in the historic city of Ayutthaya, Thailand, on Aug. 29. (Photo by Yohei Muramatsu)
Supply Chain

Thailand monsoon floods threaten to disrupt supply chains

Manufacturers consider exodus to Vietnam and elsewhere in Southeast Asia

1 September 2022
Singapore-listed commodity trader Olam Group's food and agribusiness includes farming, processing and distribution operations.
DealStreetAsia

Unit of Singapore's Olam Group secures $1.98bn sustainability loan

19 banks are providing multitranche debt facility to Olam Food Ingredients

31 August 2022
Bitkub said it would appeal the action against Samret and that he would continue to perform his duties as chief technology officer.
Cryptocurrencies

Thai regulators fine Bitkub executive for insider trading

Samret Wajanasathian charged for trades linked to crypto platform's failed sale

30 August 2022
Singapore’s Far East Hospitality Holdings has added a number of perks for guests who stay at its Adina Serviced Apartments. (Photo by Dylan Loh)
Travel & Leisure

ASEAN hotels roll out red carpet for 'revenge travel'

Hospitality companies from Thailand to Indonesia tout perks to draw tourists back

29 August 2022
Heritas Capital has backed companies in the health care, food and education sectors across Asia. (Source photo from Heritas Capital website)
DealStreetAsia

Singapore-based Heritas Capital launches $50m impact fund

Company looking to finance 'social enterprises' in Asia

29 August 2022
SCG, dubbed "Thailand's oldest materials maker," is unique in its ties to the royal family. (Photo by Ken Kobayashi)
Environment

Siam Cement speeds up green transition with recycling, energy deals

Thai group hones in on sustainability amid growing decarbonization push

28 August 2022
This Indian bride had her wedding ceremony and celebrations on a picturesque beach on the famous Thai resort island of Phuket. (Photo courtesy of Thai-Indian Wedding Association)
Travel & Leisure

Thai tourism eyes Indian weddings as Chinese spending dries up

One couple from Hong Kong last year spent $12.5m in four days

27 August 2022
The ASEAN Center for Public Health Emergencies and Emerging Diseases (ACPHEED) will open in November to improve preparedness for public health emergencies. 
Politics

ASEAN opens secretariat for medical emergencies in Thailand

Ten Southeast Asian nations establish hub for better public health readiness

26 August 2022
Grab said it will focus more on "high quality" customers to achieve its profitability goals. 
Technology

Grab aims to break even sooner for delivery despite softer demand

Nasdaq-listed superapp continues to taper incentives after Q2 loss narrows to $572m

26 August 2022
Protesters gathered at Thailand's government house on Aug. 24, waving posters such as this one showing they want Prime Minister Prayuth Chan-ocha to resign.
Turbulent Thailand

Thai court orders PM Prayuth's suspension: 5 things to know

Premier's absence unlikely to have adverse impact on economy, APEC meeting

25 August 2022
The two companies had aimed to finalize their deal by January, but silence from both sides in recent months led to speculation that SCB was using Bitkub’s regulatory woes to lower the acquisition price.
Cryptocurrencies

SCB calls off plan to acquire Thai crypto exchange Bitkub

$500m deal soured by regulatory woes and market's crash

25 August 2022
Thai Prime Minister Prayuth Chan-ocha: A surprising Constitutional Court ruling on Aug. 24 temporarily removes Prayuth from office.
Turbulent Thailand

Thai court suspends PM Prayuth; Prawit made acting PM

5-4 decision gives judges time to consider opposition's term limit petition

24 August 2022
Cafe Amazon is one brand under PTT Oil and Retail Business, an arm of state energy group PTT. (Photo by Keiichiro Asahara)
Business deals

Thailand's Dusit hotel group teams on food with PTT gas stations, cafes

Subsidiary agrees to sell 25% stake to state oil major's retail arm

24 August 2022
Group of Seven countries and democratic allies like Australia are dangling infrastructure support in Southeast Asia as an alternative to China's Belt and Road.
Asia Insight

China's ASEAN Silk Road gets slippery as other powers move in

U.S., Europe, India join battle to build regional supply chains from Thailand to Vietnam

23 August 2022
LGBT+ supporters calling for the repeal of Section 377A of Singapore's penal code, which criminalizes gay sex, are about to get their wish. But the city-state also plans to enshrine male-female marriage in its constitution.
Politics

Singapore declines to follow Taiwan, Thailand on LGBT+ rights

Move to lift ban on gay sex comes with vow to enshrine male-female marriage

22 August 2022
General Apirat Kongsompong, Thailand's outgoing army chief, and his successor, General Narongpan Jitkaewthae, at the handover ceremony in 2020.
Turbulent Thailand

Thailand king's elite 'Red Rim' officers enter the spotlight

Flag officers expected to move into key positions in September promotions

20 August 2022
Japan's Maruzen Tea grows tea in partnership with a Singha affiliate in Thailand, where matcha milk tea is an increasingly popular drink. (Photo by Yohei Muramatsu)
Agriculture

Japanese farm firms tap Thai market with locally grown products

Affordable green tea and strawberries are winning over consumers

20 August 2022
Central Group's investment over the next five year is aimed fulfilling its ambition of becoming Vietnam's biggest food and property retail platform. (Photo by Akira Kodaka)
Retail

Central to spend $1.4bn on expanding further in Thailand, Vietnam

Thai retail empire sees robust demand in post-COVID economies

19 August 2022
Prayuth Chan-ocha reacts after a no-confidence vote against him was defeated on July 23: He has survived political crises time and again.
Opinion

Term limits unlikely to end Prayuth's time as Thai prime minister

Former general has been in office for 8 years but shows little sign of leaving

19 August 2022
Myanmar's military chief, Senior Gen. Min Aung Hlaing, presides over an army parade in Naypyitaw in March 2021.
Myanmar Crisis

Myanmar military drives itself into corner on violent crackdowns

Regime learns election gimmicks from Thailand but not how to avoid a bloodbath

18 August 2022
PTT expects Thai consumers to be uniquely open to vegan meat products. (Photo by Kosuke Inoue)
Food & Beverage

PTT ready to bring plant-based meat treats to its gas stations

Thai oil company challenges country's food majors with soy nuggets and gyoza

17 August 2022
B Medical Systems, purchased by Navis in 2015, is the world’s largest vaccine cold chain provider. (Source photos from company website)
DealStreetAsia

Malaysia's Navis to exit Europe medical cold chain company

Nasdaq-listed Azenta to acquire entire stake in vaccine storage provider B Med

16 August 2022