Showing 1 - 10 of 440
Asian equities gain on hopes for Fed pause
Business, Published on 10/06/2023
» RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.
Thailand, 11 other Indo-Pacific nations vow to fortify supply chains
Published on 28/05/2023
» Ministers from Thailand, the United States, Japan and 11 other Indo-Pacific nations agreed Saturday to strengthen supply chain resilience for critical items such as semiconductors and medicines to respond more promptly to emergencies.
UN reveals region's climate change bill
Business, Sirinnaree Ongsakul, Published on 23/05/2023
» Most countries in Asia-Pacific require sizeable financing to support climate change adaptation and mitigation, says the United Nations Economic and Social Commission for Asia and the Pacific (Escap), urging domestic collaborations between private financial institutions and project developers to support such needs.
Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
The power of travel partnerships
Business, Published on 12/04/2023
» In the deep waters off Phuket, hobby divers scour the sea to pick up garbage on holiday. Elsewhere, in one of Thailand's many villages, visitors are engrossed in baking banana bread using locally sourced ingredients. These activities are now in vogue, as the rise of sustainable tourism in the Land of Smiles mirrors a growing worldwide trend that is here to stay.
ADB gauges 2023 growth rate at 3.3%
Business, Sirinnaree Ongsakul, Published on 05/04/2023
» Thailand's economic growth is projected at 3.3% this year and 3.7% in 2024 as a recovery in tourism and private consumption help offset a slowdown in exports, according to the Asian Development Bank (ADB).
Pact with Japan to bolster trade and investment
Business, Phusadee Arunmas, Published on 17/03/2023
» The Japan Business Federation, also known as Keidanren, signed a memorandum of understanding yesterday with the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to strengthen trade, investment and economic cooperation between the two nations' business sectors.
China's Belt and Road Initiative to trade mega projects for high-quality winners
South China Morning Post, Published on 07/03/2023
» China will focus more on project quality to mitigate risk with its Belt and Road Initiative as the scheme enters its second decade and Beijing confronts a geopolitical rivalry with the United States, according to analysts.
Asia-Pacific GDP forecast to grow 3.1% in 2023
Business, Sirinnaree Ongsakul, Published on 03/03/2023
» The Asia-Pacific region's economy is projected to expand 3.1% this year before dropping to 2.9% growth in 2024 as downside risks continue to pressure recovery, according to an analysis from an Asia-Pacific Economic Cooperation (Apec) research unit.
Floating trade views amid balloon snafu
Business, Published on 15/02/2023
» Geopolitical tensions are expected to ratchet up after American jets downed four flying objects in the past 10 days, including a suspected Chinese spy balloon off the Carolina coast on Feb 4.