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Search Result for “Asia Pacific”

Showing 1 - 10 of 52

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BUSINESS

Fitch sees 'very dim' path for GDP growth

Business, Pathom Sangwongwanich, Published on 20/01/2021

» Despite several fundamental buffers to cushion against the crisis, Thailand's near-term growth prospects are "very dimmed" due to substantial losses stemming from the absence of foreign tourist arrivals, said Fitch Ratings.

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BUSINESS

World Bank grim on GDP

Business, Pathom Sangwongwanich, Published on 10/06/2020

» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.

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BUSINESS

SET rebound tops Asia-Pacific markets

Pathom Sangwongwanich, Published on 20/03/2020

» After a rollercoaster ride, Thailand’s stock market ended the week on a positive note with the biggest rebound of all the Asia-Pacific bourses, as global efforts to combat the Covid-19 pandemic and a rise in oil prices provided a boost of confidence.

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BUSINESS

CP chief discusses automation

Business, Pathom Sangwongwanich, Published on 13/08/2019

» Adopting sophisticated technologies to drive operations is high on Charoen Pokphand (CP) Group's agenda, as one of Thailand's largest conglomerates works to enlarge its footprint during the fourth industrial revolution, says chief executive Suphachai Chearavanont.

BUSINESS

Barriers, data dearth hamper Asian market

Business, Pathom Sangwongwanich, Published on 01/08/2019

» Despite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse.

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BUSINESS

Wage hike could repel Chinese firms

Business, Pathom Sangwongwanich, Published on 04/07/2019

» A hike in the daily minimum wage could discourage Chinese manufacturers in labour-intensive industries from relocating their production base to Thailand, says a Chinese banking executive.

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BUSINESS

Fitch says full-year exports likely to avoid decline

Pathom Sangwongwanich, Published on 03/07/2019

» Despite flagging export data, Thai shipments are not expected to contract this year, as sustained global economic growth and exports to the US can compensate for sluggish exports to China, says Fitch Ratings.

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THAILAND

Political uncertainty hurts GDP view

Business, Pathom Sangwongwanich, Published on 25/04/2019

» Domestic political uncertainty warrants a downside risk for Thailand's GDP growth outlook this year because a delay in forming the new government could curtail public investment projects and dent private investment incentives, says the World Bank.

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BUSINESS

Eastspring counts on REITs, property equities

Business, Pathom Sangwongwanich, Published on 16/01/2019

» Asian real estate investment trusts (REITs) and property development stocks can in combination optimise returns, yield attractive dividends and hedge against financial volatility, says Eastspring Investments.

BUSINESS

World Bank sees growth let-up

Business, Pathom Sangwongwanich, Published on 07/06/2018

» Thailand's GDP growth is forecast at 3.8% for both 2019 and 2020, down from an expected 4.1% this year, the World Bank says, citing the gradual structural slowdown in China.