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Search Result for “baht”

Showing 1 - 10 of 23

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OPINION

Nike shoes aren't performance-enhancing drugs

News, Adam Minter, Published on 24/10/2023

» World records in marathons have toppled like track hurdles in recent weeks. Tigst Assefa, the new women's record holder, beat the old one by more than two minutes. Kelvin Kiptum, the latest men's record holder, took 34 seconds off his predecessor's time. These are astonishing accomplishments. But not everybody is crediting the athletes. Instead, critics argue that Assefa and Kiptum couldn't have run at top speeds without a new generation of high-performance "super shoes". Some go so far as to equate the souped-up shoes to performance-enhancing drugs.

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OPINION

'Insect apocalypse' coming to your neighbourhood

Oped, Adam Minter, Published on 03/08/2023

» An unusually large influx of tiny insects called aphids have been sucking on Dallas-area pecan trees in recent weeks. After they've had their fill, they "excrete" the waste out their back ends and onto cars, driveways and sidewalks. "Texas is covered in a sticky, icky goo," declared a Dallas Morning News headline. Other news outlets offered tips on how to clean up the mess.

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OPINION

Endangered species among virus victims

News, Adam Minter, Published on 13/05/2020

» Social distancing may save human lives, but it's wreaking havoc on some of the world's most threatened species.

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OPINION

What's wrong with China's national champions?

News, Adam Minter, Published on 05/03/2019

» A year ago, Didi Chuxing Inc, China's largest ride-sharing company, looked like a quintessential "national champion". It had driven Uber Technologies Inc from the local market, attracted investment from Apple Inc and was contemplating a Hong Kong IPO worth as much as US$80 billion (2.5 trillion baht). State media coverage was fawning, government support was all but assured and the company's near-monopoly looked unassailable.

OPINION

The wrong way to deal with doping

News, Adam Minter, Published on 04/02/2019

» At odds over trade, technology and geopolitics, the US and China do share one thing: They both "hate" doping, in the words of Chinese President Xi Jinping. Ahead of the 2022 Winter Olympics in Beijing, China reportedly plans to make the practice a crime. And last week in Washington, DC, a bipartisan group of House and Senate lawmakers also introduced legislation to criminalise the use of performance-enhancing drugs at international sporting competitions such as the Olympics. Athletes caught doping could be subject to five years in prison, a US$250,000 (7.8 million baht) fine and a civil lawsuit from competitors bested in the final standings. They wouldn't have to be US citizens, either. The legislation is specifically designed to hold accountable foreign cheats who beat American athletes in international competition.

OPINION

Marriage in China breaks the bank

News, Adam Minter, Published on 01/10/2018

» Getting married isn't cheap in China. In Da'anliu, a small farming village outside Beijing, the local "bride price" -- the fee that a groom's family pays to a bride's in advance of their nuptials -- recently breached the US$30,000 mark (972,000 baht). That's extreme for a village where incomes average $2,900 per year. So, this summer, local officials decreed that bride prices and associated wedding expenses shouldn't exceed $2,900. Violators will be treated as human traffickers.

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OPINION

Southeast Asia's 'fake news' laws are a fake solution

News, Adam Minter, Published on 26/05/2018

» In the waning days of Malaysia's recent election campaign, then-opposition leader Mahathir Mohamad was investigated under the country's anti-fake news law. Had he been charged and convicted, he could have spent as much as six years in prison. Instead, Dr Mahathir was elected prime minister with a pledge to repeal the law.

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OPINION

Africa's ban on plastic bags won't solve anything

News, Adam Minter, Published on 10/11/2017

» In Africa, the plastic shopping bag is an endangered species. Last week, tiny Benin became the latest African country to restrict the import, production and even use of such bags. It's not messing around, either. Following in the steps of Rwanda (where plastic bag importers are publicly shamed) and Kenya (where bags users can be subject to four years in jail), Benin plans to fine bag importers as much as US$87,000 (2.8 million baht).

OPINION

Why Uber's losing out to locals in Southeast Asia

News, Adam Minter, Published on 28/07/2017

» By any measure, the April 2016 decision by Uber Technologies Inc to sell its China operations to rival Didi Chuxing was a defeat. The brief but spectacular battle between the two ride-hailing behemoths had cost Uber at least $2 billion and earned it little more than the enmity of the Chinese government. The only silver lining seemed to be that Uber, free of an expensive price war, could focus its resources on other markets, including rapidly growing Southeast Asia.

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OPINION

China's cashless revolution is likely to spread afar

News, Adam Minter, Published on 20/07/2017

» On a recent trip to Shenzhen, in southern China, I came across a subway busker with two tip jars. The first was a cardboard box filled with coins and bills; the second was a small QR code taped to the box that allowed passersby to leave a tip by smartphone. On one level, this was simply smart business: Chinese made around $5.5 trillion in e-payment transactions last year. But it also offered a glimpse of the future.