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Search Result for “Coronavirus”

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BUSINESS

Asian markets jump as US inflation cools

Business, Published on 15/07/2023

» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.

BUSINESS

Indonesia regains upper-middle income rank on growth rebound

Published on 03/07/2023

» A strong post-pandemic rebound has pushed Indonesia back into the upper-middle income band of countries, according to the World Bank, putting it back on track to pursue its high-income status goal.

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BUSINESS

Fewer Chinese tourists to upset Thailand's recovery goal

Bloomberg News, Published on 28/06/2023

» Thailand is likely to miss its goal of hosting 30 million foreign tourists amid fewer-than-expected visitors from China, according to RHB Banj Bhd.

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BUSINESS

Spending patterns of super-rich show Asia is most expensive region

South China Morning Post, Published on 20/06/2023

» HONG KONG: Asia remains the costliest region in the world to live in, with Singapore taking the number one spot, followed by Shanghai and Hong Kong, according to Julius Baer's latest Global Wealth and Lifestyle report.

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BUSINESS

Paris Air Show back with climate, defence in focus

AFP, Published on 19/06/2023

» PARIS - The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.

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BUSINESS

Tourism to limit economic pain as new government awaited

Bloomberg News, Published on 18/05/2023

» Thailand has not been spared the political uncertainty that usually comes with elections, yet foreign tourists returning by the millions this year are counted on to help shield Southeast Asia’s second-largest economy.

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BUSINESS

Earnings surge for main Thai airlines as tourists flock back

Bloomberg News, Published on 14/05/2023

» Thai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand.

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BUSINESS

Food exports seen at record high this year

Reuters, Published on 10/05/2023

» Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht (US$44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.

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BUSINESS

German recession fears rise as factory orders plummet

AFP, Published on 05/05/2023

» FRANKFURT: Industrial orders at German factories saw their biggest fall in March since the outbreak of the Covid pandemic in 2020, data showed Friday, the latest sign that Europe's biggest economy is facing a steep downturn.

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BUSINESS

'Worst is over', Citi official says as bank looks to increase staff in Hong Kong

South China Morning Post, Published on 02/05/2023

» Citigroup, the biggest foreign lender in Hong Kong, will increase staff at its commercial banking unit in the city by 100 to tap growing opportunities in the Greater Bay Area, according to a senior executive.