Anuchit Nguyen

Thailand, the world's second biggest rice exporter, is asking farmers to grow only one crop this year - instead of the usual two - as a likely El Niño looks

A clear win for Thailand’s pro-democracy opposition parties in Sunday’s election is expected to benefit retailers, consumer goods manufacturers and tourism operators as a new government will probably bolster demand and shield the economy’s fragile recovery.

The property and hotel development unit of Thailand’s richest man plans to more than double spending for acquisitions and development of hotel resorts and commercial properties this year as tourism booms.

Thailand has welcomed 9.47 million foreign tourists so far this year, generating about 391 billion baht ($11 billion) of revenue, according to a government spokesperson who said most of the visitors were from Asian countries.

Thailand’s leading pro-democracy party, which swept Sunday’s election, is confident its coalition will win over senators’ prime ministerial votes for its leader Pita Limjaroenrat.

A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are waiting to see if a planned coalition can get enough votes from lawmakers to form a government.

(Bloomberg) -- A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government.Most Read from BloombergBiden Says US-China Relations Set to Improve ‘Very Shortly’Zelenskiy Signals Bakhmut Falling, Russian Casualties HighTraders Brace for Volatility With US Debt Deal Still ElusiveZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderThe uncertainty has triggered an outflow of funds s

Thailand’s financial markets are set for a bumpy ride as investors may have to wait until August to find out whether a coalition of pro-democracy parties can take government after concerns about political jostling triggered the steepest post-poll selloff in two decades.

Stark Corp. Pcl defaulted on its debt after it missed the deadline for publishing its financial statements and bondholders rejected its request for a waiver. Its shares tumbled as much as 90.3%.

The playbook for investing in Thai stocks is on the cusp of getting rewritten after reform-minded parties swept last month’s election to end a near decade-long rule by a military-backed royalist establishment.