Thailand

Thailand Investor Darling, Group Lease Takes Another Hit

Anonymous Equity, the mysterious gadfly organization that a fortnight ago released a devastating report on the troubled Thailand-based hire purchase lender Group Lease, has issued a new report saying it expects...

Thai Authorities Suspend Dubious Hire Purchase Company

Thailand’s Securities and Exchange Commission has requested a criminal probe into the activities of Mitsuji Konoshita, the chief executive officer of Group Lease Plc., suspended it from trading as of Oct. 16, t...

Thai Economy a Study in Contradiction

The Thai economy presents a paradox. On the one hand it can boast about the best-underpinned currency in Asia, with a huge current account surplus and reserves. On the other, domestic demand continues to splutt...

Economic Outlook 2017: Thailand

Thailand’s economy is poised for modest growth in 2017 as solid domestic spending is expected to offset weaker export growth. Confidence is expected to return as the country puts a long period of mourning its l...

Asia in 2016: Thailand

Thailand, under military rule since 2014, made little progress towards democracy during 2016. In August, a clear majority of voters – more than 60 percent supported a military-backed draft constitution in a nat...

Scandal at Thai Wind Concern Threatens US$2 billion IPO

Asama Thanyaphan, the 40-year-old corporate accounts manager at Thai renewable energy firm Wind Energy Holdings, posted her resignation letter to bosses on a quiet Friday afternoon in Bangkok, on the eve of thi...

Something Fishy with Thailand’s Fishing Industry

Thailand’s military rulers are making another effort to sidetrack European Union threats to hand out a “red card” to the Thai fishing industry for illegal fishing – and the trafficking and labor abuse which are...

Leicester City Cinderella Story Authored by Thai Oligarch

The discourse of “The Little Club That Could” – Leicester City, which went from near relegation to the top of world football – is beguiling. When an emotional fan broke down on the BBC last year after a Leicest...