Thailand News

Powerful Quakes Hit Sumatra

A powerful earthquake off western Indonesia triggered warnings of a potentially destructive tsunami across much of the Indian Ocean region Wednesday, meteorological agencies said. [IJ Ed. Note: Several powerful aftershocks also triggered Tsunami warnings, but as of 7:00 a.m. EDT, …

Ill. Abbott Drops Lawsuit Against French AIDS Activist Group

Ill.-based Abbott Laboratories Inc. dropped a lawsuit against a French AIDS group on Monday over an alleged cyber-attack against the company’s Web site. The pharmaceutical and medical products maker filed the lawsuit in May against Act Up-Paris in a Paris …

S&P: Outlooks on Most Asia-Pacific Insurance Markets is Stable

The Hong Kong office of Standard & Poor’s Ratings Services has issued a report affirming the stable outlook on most of the insurance markets in the Asia-Pacific region. “They reflect strengthening balance sheets and strong growth prospects for most markets, …

S&P Sees Thai Insurance Industry Growing ‘Despite Challenges’

Standard & Poor’s Ratings Services has issued a report – “Thailand Insurance Outlook 2007-2008” – as part of a series of articles on the country’s insurance industry. S&P concludes that “Thailand’s insurance industry shows considerable promise for life and non-life …

AIG 1Q: Net Income Up 29%

American International Group, Inc. (AIG) reported that its net income for the first quarter of 2007 was $4.13 billion or $1.58 per diluted share, compared to $3.20 billion or $1.22 per diluted share in the first quarter of 2006. First …

IPCC Delegates Hammer Out Climate Change Report in Thailand

International delegates struggled into the night Thursday to agree on ways of cutting destructive greenhouse gas emissions-or face economic and environmental catastrophe caused by global warming. China has emerged as a key voice in the debate this week at the …

Climate Change Conference Calls for Quick Action to Reduce Global Warming

A major climate meeting opened Monday in the Thai capital with delegates debating how to rein in rising greenhouse gas emissions that could threaten hundreds of millions with hunger and disease in the coming decades. For the rest of the …

IPCC Conference Opens in Bangkok on How to Combat Global Warming

The costs of cutting greenhouse gases and who will pay for doing it are likely to be the key issues at a major U.N.-backed climate change meeting of scientists and diplomats in the Thai capital this week, participants said Sunday. …

Ark. commissioner: Regulators have dual role

Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …

Ark. commissioner: Regulators have dual role

Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …