Flying to Asia could get cheaper
Travelers in Asia and those traveling to Asia can now look forward to low-cost trips as new budget carriers are planned by Malaysia and Thailand.
East Asian bond market shows no sign of slowing down
The East Asian bond market, especially corporate bonds, continues to expand and draw strong demand from return-starved Western investors.
Thailand relapses into recession as strong baht hurts exports
Thailand’s economy fell into recession following a contraction in the past two consecutive quarters, as strong baht and a weak global demand hit the country’s exports.
When 'foetuses' speak in Thailand
In Bangkok, on Sunday, a debate was brewing as scores of people gathered to condole the death of more than 2,000 young souls. They placed milk, baby clothes and toys at the morgue of a Buddhist temple where foetuses were found hidden in plastic bags last week. The morgue at the now detested Wat Phai Ngern, is to be demolished next week after a cleansing ritual. The traditionally orthodox Buddhist country, had ruled out abortion on morals grounds.
More news
Tata Steel Q2 net profit jumps at 19.79 bln rupees
Tata Steel, the world's seventh largest steel company, has said its consolidated net profit after tax increased 8.5 percent to 19.79 billion rupees ($440 million) for the second quarter higher than the profit of 18.25 billion rupees ($406 million) in Q1 FY’11.
U.S. FDA proposes gory warning labels on cigarette packs
The next time you decide to light up a smoke, you may be greeted by an image of a cancer patient or even worse, a corpse, thanks to the U.S. Food and Drug Administration's (FDA) decision to put graphical warning labels on cigarette packs.
Salvatore Ferragamo supports individuals battling life-threatening illness
Italian shoe designer Salvatore Ferragamo presented its Spring 2011 Collection at the 9th Annual Celebration of Dreams held under the aegis of Dream Foundation in California last Saturday.
Poor in Thailand are good in savings
A new research study provided insights into how the poor people in four Thailand provinces increased their net worth and pull out of poverty. Poor people in developing countries who used their existing assets most productively were more successful at pulling themselves out of poverty.
Emerging G20 nations to brace for 'tsunami' of dollars as currency row persists
The Group of 20 (G20) leaders in Seoul could not thrash out any agreement on contentious forex and currency issues though talks ran through past midnight on Wednesday, said a spokesman at the summit media hall on Thursday morning.
Interview: Douglas Clayton on investing in the frontier markets
Douglas Clayton, chief executive officer of private equity fund manager Leopard Capital, has launched his second fund focused on Cambodia.
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