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Search Result for “central banks”

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BUSINESS

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.

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TRAVEL

Heritage along the tracks

Life, Pattarawadee Saengmanee, Published on 29/04/2021

» Thanks to extensions of the rapid transit system, getting around Bangkok has become easier and more convenient than ever before.

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LIFE

Travelling post-Covid

B Magazine, Published on 05/07/2020

» With the government's Rao Tiew Duay Gan scheme launched to boost domestic tourism as well as the recently-announced Songkran holidays which were moved from April to the end of this month, vacationers are drafting some itineraries to satisfy their wanderlust as many leading hotel chains and tourist attractions are offering several options of specially crafted holiday packages with extra benefits.

BUSINESS

Currencies slump, funds flee emerging markets

Business, Published on 08/09/2018

» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.

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OPINION

Down the rabbit hole

Oped, Postbag, Published on 03/02/2018

» Help me, somebody, I think I must have fallen down a rabbit hole and found myself in a world as crazy as Alice did. In this strange, topsy-turvy world the people who ousted an elected government, an action usually considered more serious than sedition is now arresting protesters and dissidents for actions and speech inciting people to rebel against their government.

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BUSINESS

Delivering success

Asia focus, Erich Parpart, Published on 11/12/2017

» Asia's first driverless trucks began operating in October at the ExxonMobil plant on Jurong Island in Singapore, while fleets of autonomous delivery vehicles are expected to get rolling on Great Britain's motorways next year. These are just some of the headline-making developments in the brave new world of transport being promoted by the likes of Google, Tesla, Uber and major vehicle manufacturers.

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BUSINESS

Energy-Heavy set slips as equities surge elsewhere

Business, Published on 05/06/2017

» Recap: Asian and European stocks rallied after a record-breaking run on Wall Street, propelled by American hiring data that bolstered confidence in the global economy. Japan's Nikkei ended Friday above 20,000 for the first time since December 2015. Oil headed for a three-week low, however, capping gains on the energy-heavy Thai stock market.

BUSINESS

Oil rout drags down shares ahead of fed talks

Business, Published on 19/09/2016

» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.