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Search Result for “Economy”

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WORLD

Trump signs order to ramp up US deep-sea mining

AFP, Published on 25/04/2025

» WASHINGTON - United States President Donald Trump has defied international norms on the nascent field of deep-sea mining, signing an executive order Thursday expanding the practice for rare earth minerals in domestic and international waters.

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GENERAL

Malaysia to cut growth outlook, discuss ‘fair’ trade with US

Published on 25/04/2025

» Malaysia is revising down its growth outlook as tariffs weigh on the economy, while seeking a “fair” deal in trade talks that kicked off with US officials this week, according to a top official.

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GENERAL

Government upbeat on steady credit rating

Business, Wichit Chantanusornsiri, Published on 25/04/2025

» The government remains confident that credit rating agencies will maintain Thailand's sovereign credit rating at its current level thanks to the strength of Thai financial institutions and the country's ability to retain fiscal discipline after the Covid-19 crisis.

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GENERAL

Tech sector braces for new US export rules

Business, Suchit Leesa-nguansuk, Published on 25/04/2025

» The Thai technology industry is preparing for the impact of new tiered US AI chip export restrictions set to take effect on May 15.

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OPINION

Central banks eye digital coins

News, Published on 25/04/2025

» Central bank digital currencies (CBDCs) have often been deemed a solution in search of a problem. But US President Donald Trump appears to have provided a rationale for CBDCs, even as he has banned the development of a digital dollar.

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OPINION

A perilous era of absolute advantage

News, Thitinan Pongsudhirak, Published on 25/04/2025

» If a date had to be pinpointed, the post-Second World War international system came to an unmistakable end on April 2 -- the so-called "Liberation Day" -- when US President Donald Trump announced comprehensive "reciprocal" tariffs to a bewildered global audience. The blatantly protectionist move was equivalent to the United States' abrogation and abandonment of the rules-based international order that it ironically and instrumentally constructed and upheld over nearly eight decades. What comes now is a dangerous era of absolute advantage in global trade, investment, and finance, bent on unilateralism over multilateralism, competition over cooperation, nationalism over interdependence, and the singular quest to dominate and reshape the global pecking order under the rubric of making America "great again".

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THAILAND

29 Partners Unite to Tackle Food Waste Nationwide

Published on 24/04/2025

» BANGKOK – 24 April 2025: A coalition of 29 government agencies, private companies, and academic institutions has pledged to strengthen Thailand’s food waste management efforts through FoodWasteHub.com, an online knowledge-sharing platform that connects local research with practical solutions to support the Bio-Circular-Green (BCG) economy and national food waste reduction strategies.

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GENERAL

Corporate debt repayment capacity concerns Bank of Thailand

Published on 24/04/2025

» The Bank of Thailand has voiced concerns about the debt repayment capacity of some domestic corporations carrying heavy debt burdens amid increasing economic headwinds.

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WORLD

China says US should revoke all unilateral tariffs, denies talks

Published on 24/04/2025

» China demanded that the US revoke all unilateral tariffs and said there were no talks on reaching a trade deal, as tensions spiral between the world’s largest economies.

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GENERAL

Work starts on long-delayed $9bn casino in Japan

Published on 24/04/2025

» A quarter-century after gambling resorts were first proposed in Japan, officials have finally broken ground on construction of what could become Asia’s highest-grossing casino.