The law was changed in July to formally give the king control of the Crown Property Bureau. Details of its assets are not made public, but they are estimated to be worth more than USD 30 billion.
The Japanese financial services major has dubbed India and ASEAN-5 (Indonesia, Malaysia, the Philippines, Thailand and Vietnam) as "Asia's tiger cubs", and said FDI inflows to these nations will increase from around USD 100 billion per year now to around USD 240 billion by 2025.
Asia is adding net refining capacity of 360,000 barrels per day (bpd) this year, according to Wood Mackenzie, with units coming online in China and Vietnam that could keep most of Asia well-supplied and weigh on refining margins for export-oriented refiners in South Korea and Thailand.
The two-wheeler major currently exports to various markets in the region including the Philippines, Singapore and Myanmar.
The project is part of China's huge regional infrastructure plan to build a high-speed rail network connecting the southern city of Kunming with Laos, Thailand, Malaysia and Singapore.
Thailand Deputy Prime Minister Somkid Jatusripitak said, "We really want to work with Indian government to have free trade agreement (FTA) together even though we had some obstacles in the past but I think we can keep that off."
An external backdrop of tighter monetary policy in the United Statesâ€”the Federal Reserve is expected to hike interest rates three times this yearâ€”and slowing global trade in anticipation of a protectionist stance from Washington also works in the favor of these three nations.
The Indian packaging industry, currently pegged at USD 25 billion, is growing at a rate of 15 per cent per annum and is set to touch USD 30 billion to 35 billion mark by 2020, a top Central Government official said and called for matching global standards in the sector.
India has completed a 130-km stretch of road connecting the country with Kalewa in Myanmar, part of the India-Myanmar-Thailand (IMT) trilateral highway, Parliament was informed today.
The global CEO of SAAB Hakan Buskhe who is in India currently said, we will be able to offer the best technology to India and are keen on supplying fighter jets to IAF.
The general consensus among many experts today, is that there is limited choice for new real estate investments in India‘s metropolitan regions, given the spiralling prices of real estate and the lack of confidence R
The matter along with others was discussed between Minister of State for Agriculture and Farmers Welfare S S Ahluwalia and a delegation headed by Thai Vice Minister of Commerce Winichi Chaemchaeng here.
The company is looking at growing its topline by about 10 percent in FY17, said Kejriwal, MD and CEO, KEC International.
The infrastructure EPC major has secured orders of Rs 805 crore in transmission & distribution business, including Rs 216 crore worth of orders from international companies Electricity Generating Authority of Thailand and Power Grid Company of Bangladesh.
Telecom service provider Vodafone today announced an international roaming plan where customers can pay a daily rental of Rs 500 and get free incoming calls.
In an interview to CNBC-TV18, Kedar Vaze, Group CEO of S H Kelkar & Company spoke about the Q1 performance and his outlook for the company.
The US Department of Commerce (US DoC) in its 10th annual review has increased the weighted average ADD on shrimp imports from India to 4.98 percent up from 2.96 percent.
World demand is expected to exceed supply for the first time in six years this year as drought in India, the world's second-largest grower, and unfavorable weather elsewhere in Asia threatens output.
"Trade between two countries is quite low and there is room for more cooperation between Thailand and India," Thailand Board of Investment Deputy Secretary General Chokedee Kaewasang said here.
Sugar prices have been on a tear globally as well as India but they have more room to go up further, says Narendra Murkumbi, VC and MD, Shree Renuka Sugars.
CP Foods plans to invest at least USD 400 million in India over the next 20 years and recently opened a food-processing plant in Andhra Pradesh. The company is best known in India for its Five Star Chicken outlets.
Soyabean has also seen a price hike by 25 percent due to flooding in Argentina and a dry weather in Brazil. Corn is another crop that can be impacted due to this.
Indian Ambassador to Thailand Bhagwant Singh Bishnoi said 73 bridges in Myanmar, built more than seven decades ago during World War II, were being renovated with funding from India to allow vehicles to cross the highway safely.
Marc Faber, the investment guru based out of Thailand, is positive about the Indian stock market, which had peaked last year. There was a dip to 23000 in January and now the market has rebounded to over 25000.
After Brazil's real strengthened against the US dollar and made sugar exports for the South American country difficult, Asian countries looked to fill the gap in supply. But rains played spoilsport in India and hurt the production.