THAILAND

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Fitch Lowers Thailand's Long-Term Currency Ratings

Thursday, Fitch Ratings downgraded Thailand's long-term foreign currency Issuer Default Rating or IDR to 'BBB' from 'BBB+', and the long-term local currency IDR to 'A minus' from 'A'. The firm however revised the outlook on the ratings to stable from negative.

Thai government revokes Thaksin passport

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Thailand's government has revoked the passport of ousted Prime Minister Thaksin Shinawatra in connection with protests that put the country into deeper political crisis.
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Thai protesters force Asia summit cancellation

A summit of Asian leaders in Thailand was canceled on Saturday after anti-government protesters swarmed into the meeting's venue, renewing doubts about the durability of the government.
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Thai protesters target Asia summit

Thai troops repelled anti-government protesters at a resort hosting an Asian summit on Friday as leaders began arriving for a meeting meant to focus on the global financial crisis.
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ASEAN nations create $120 billion emergency fund

Southeast Asian nations finalized their contributions Thursday to increase the size of planned foreign exchange pool from $80 billion to $120 billion in order to fight the global financial crisis.
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Bangkok protests cause gridlock

Taxi drivers joined growing anti-government protests in Thailand on Thursday, blocking roads and causing gridlock across Bangkok, as supporters of ousted premier Thaksin Shinawatra threatened to disrupt an Asian summit.
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Thai government protest may hinder $44B stimulus plan

Tens of thousands of protesters marched through central Bangkok Wednesday, demanding the resignation of the government. The demonstration threatened to set off a new round of political instability which may hamper the government’s three-year, $44 billion stimulus plan it unveiled last month.
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Thai, Cambodian troops clash near disputed temple

Thai and Cambodian soldiers exchanged rocket and rifle fire on a disputed stretch of their border on Friday, killing two Thais in the latest flare-up of an ancient feud over a 900-year-old Hindu temple.
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U.S. allies told to review role in secret renditions

A United Nations investigator urged U.S. allies from Britain to Pakistan on Tuesday to fully investigate whether they helped in secret renditions that led to the illegal torture or disappearance of terror suspects.
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Asian and European leaders reject protectionism

European and Southeast Asian leaders on Sunday rejected protectionism to safeguard their national interests against a global financial crisis, spelling out their blocs' commitments to coordinate policies.
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ASEAN leaders call for joint action on crisis

Southeast Asian leaders called on Sunday for coordinated policies and joint actions at the regional level to deal with a worsening global financial crisis that is battering their export-dependent economies, but did not spell out any specific actions the group would take.
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ASEAN agrees measures to ease economic crisis: draft

Leaders of Southeast Asian nations have agreed to ease monetary policy and resist protectionism as they fight the financial crisis that is hurting their export-dependent economies, a draft statement showed.
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Thaksin supporters demand new elections

Thousands of protesters marched on Thailand's seat of government on Tuesday to demand that Thai Prime Minister Abhisit Vejjajiva step down, adding to his troubles as the economy slides into recession.
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Cell phone demand to stay strong despite downturn: U.N.

GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday. With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
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Cell phone emand to stay strong despite downturn: U.N.

GENEVA - Mobile telephones are seen as a basic necessity around the world and should enjoy persistent strong demand throughout an economic downturn, a United Nations agency said in a report published on Monday. With or without a recession, millions of people in India, China, Nigeria, and other emerging markets will seek out mobile phones, according to the International Telecommunication ...
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Thailand

Thailand is one of Asia’s most amazing destinations, home to diverse landscapes, welcoming and friendly people, history, tradition, and the world’s most delectable cuisine!
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Dropping in on Asia's Highlife: Bangkok

As the plane lifted off in the direction of Bangkok, I was in a fine snarly mood. I'd wreally wanted to wrave about W, now despite the flashy design I was inclined to whine.
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Dropping in on Asia's Highlife: Hong Kong

Since Hong Kong is a mere hour-long boat ride away, we couldn't visit Macau without stopping into China's other nearby autonomous territory; those in a rush can grab a copter – and be there in twelve minutes.
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Dropping in on Asia's Highlife: Macau, Hong Kong and Bangkok

Macau (top left) is quickly shooting up as the world's fastest-growing tourist destination. Pictured: Macau's Galaxy Starworld Hotel. Hong Kong (top right) is a surreally highrise and dreamlike city. This view looking down from Hong Kong Island's highest hotel, the Island Shangri-La. Photos: Steve WarnerAs I peered down at the glimmering city of Bangkok below -- the

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