Showing 1 - 8 of 8
Year of Turbulence
Asia focus, Published on 27/12/2021
» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.
At home in Asean
Asia focus, Nareerat Wiriyapong, Published on 05/02/2018
» The first thing that impressed me about Hideaki Iwasaki, country director for the Thailand Resident Mission of the Asian Development Bank (ADB), was his fluent English. I assumed it was the result of his educational background.
Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
Asian markets await jobs data with bated breath
Business, Published on 05/10/2015
» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
Set edges up despite Asian dip on China worries
Business, Published on 25/05/2015
» Recap: US and European stocks marched up last week with the Dow Jones and S&P hitting records as weak housing sales and manufacturing data suggested a delay in a Federal Reserve interest-rate increase. Most Asian markets retreated, especially in China, on worries over economic health of the world's second largest economy.
China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
Feed the golden goose
Business, Darana Chudasri, Published on 18/08/2014
» Apart from the happiness the military regime has attempted to return to Thais for the past three months, the rallying SET index has also brought smiles to investors' faces.