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Showing 91-100 of 15,310 results
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Year of Turbulence
Asia focus, Published on 27/12/2021
» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.
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Asian stocks at lowest in 2 years, euro near par with dollar
Published on 12/07/2022
» HONG KONG: Asian shares fell on Tuesday, weighed down by the prospect of further monetary policy tightening by central banks, China's renewed Covid outbreak and Europe’s energy shortage, which also left the euro a whisker from parity with the safe haven dollar.
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Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
Business, Published on 06/10/2021
» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
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Hong Kong airport 'plans passenger segregation' to curb cross-infection
Published on 03/11/2021
» HONG KONG: Hong Kong airport officials plan to segregate passengers on mainland China flights from other international travellers in an unprecedented move to prevent cross-infection and build a stronger case for reopening the city's border with the rest of the country.
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Six strategies for digital growth in Southeast Asia
Asia focus, Published on 11/04/2022
» The digital economy is booming in Southeast Asia. With 350 million digital consumers, the region is set to leapfrog China, outpacing the latter with a growth rate that is 1.6 times higher and becoming the fastest-growing digital economy in Asia-Pacific.
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Hong Kong's Towering Office Rents Are Coming Back Down to Earth
Business, Published on 29/04/2021
» Hong Kong's economy is finally turning the corner. But it could be years before the city's once-lucrative office-rental market is back to full health.
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Gold stays buoyant as Asian bourses rally
Business, Nareerat Wiriyapong, Published on 09/05/2023
» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.
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True partners with Bifrost in cloud gaming move
Business, Komsan Tortermvasana, Published on 11/06/2021
» True Move H Universal Communication (TUC), a major mobile service operator under True Corp, has partnered with China-based cloud tech provider Bifrost Cloud to provide cloud gaming services through Netboom as part of the carrier's move to cash in on the burgeoning online gaming market.
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Thai Burger King unit aims to captivate kids
Business, Pitsinee Jitpleecheep, Published on 02/06/2023
» Burger Thailand, the local operator of the Burger King chain, is ramping up its efforts to attract children, part of the company's global strategy.
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Virus losses put at B1.3tn
Business, Published on 31/01/2020
» Economic damage from the coronavirus outbreak is initially estimated at 300 billion yuan (1.3 trillion baht) in a month's time, putting China's annual GDP growth below the 6% baseline this year, says Kasikorn Research Centre (K-Research).
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