Showing 1 - 10 of 10
A tall order for the new government
Business, Sirinnaree Ongsakul, Published on 29/05/2023
» An online entrepreneur using the alias Maddy was among the record turnout of almost 39 million Thais who cast a ballot in the general election earlier this month.
Region's state debt reaches 18-year high
Business, Sirinnaree Ongsakul, Published on 18/04/2023
» The average government debt level in Asia-Pacific is at an 18-year high, with most developing economies in the region trying to stabilise it at current levels by 2027, according to recent research.
OECD predicts SE Asian growth to decline
Business, Sirinnaree Ongsakul, Published on 10/04/2023
» Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).
Region told to rev up decarbonisation
Business, Sirinnaree Ongsakul, Published on 07/04/2023
» Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).
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).
DHL forecasts growth in international trade to stall
Business, Sirinnaree Ongsakul, Published on 21/03/2023
» International trade growth is forecast to stagnate this year as countries have raised interest rates to combat surging inflation, leading to a worldwide economic slowdown, says global logistics company DHL.
Digital consumers to propel Asean
Business, Sirinnaree Ongsakul, Published on 04/03/2023
» A rapid increase in digital consumers is expected to be a major driver for Southeast Asia's economy, which is projected to grow by 4.7% this year, according to consulting firm YCP Solidiance.
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.
Lofty expectation for metaverse potential
Business, Sirinnaree Ongsakul, Published on 02/02/2023
» A projection suggests the metaverse could contribute US$11-21 billion per year to the Thai economy by 2035, according to research conducted by London-based consultancy Deloitte.
Regional impact of faltering China
Business, Sirinnaree Ongsakul, Published on 27/01/2023
» Amporn Swatsuk owns a "Tubtim Siam" pomelo farm in southern Nakhon Si Thammarat province that has been hobbled by the protracted Covid-19 outbreak. For more than two years, the amount of fruit exported from the farm with geographical indication certification has dipped significantly.