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BUSINESS

Frontier markets fret

Asia focus, Published on 20/06/2022

» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

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BUSINESS

Economic outlooks diverging in second quarter

Business, Published on 24/04/2021

» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.

BUSINESS

In search of a lasting recovery

Asia focus, Nareerat Wiriyapong, Published on 05/04/2021

» The Covid-19 pandemic has caused severe social and economic damage, setting back development gains by years. It has also exposed the lack of preparedness of many countries for dealing with such a shock.

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BUSINESS

'Sleeping elephant' awakens

Asia focus, Narendra Kaushik, Published on 20/08/2018

» Umesh Thakur says he has never had it so easy and comfortable. The 30-year-old lentil vendor in Greater Noida, 40 kilometres east of New Delhi, has more than doubled his profits, built a new house, opened a new shop and bought furniture, a deep-freezer and two high-end mobile phones in the last six months.

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BUSINESS

China's road to growth in Africa

Asia focus, Nithi Kaveevivitchai, Published on 04/12/2017

» While two of the biggest traditional investors in Africa, the United Kingdom and the United States, are facing domestic uncertainty in light of Brexit and policy changes under President Donald Trump, China seems to be the new hope of this populous continent.

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BUSINESS

Mixed signals

Asia focus, Nareerat Wiriyapong, Published on 13/11/2017

» Trade and investment have been vital contributors to growth in the Asia Pacific region, where many developing economies were surging before the 2008-09 global financial crisis. Global and regional trade subsequently weakened, and while the outlook has brightened this year, clouds loom on the horizon.

BUSINESS

Investors heartened by signals from Fed

Business, Published on 31/07/2017

» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.

BUSINESS

Anxiety over Syria, North Korea keeps lid on stocks

Business, Published on 18/04/2017

» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.

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BUSINESS

One currency to link them all: the rise of the renminbi

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.

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BUSINESS

Global economy more fragile with few growth drivers

Asia focus, Erich Parpart, Published on 03/10/2016

» The prolonged global slowdown in overall growth and trade is expected to persist if all parties do not work toward a solution together, the United Nations Conference on Trade and Development (Unctad) has warned.