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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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TECH

Think twice before going with Huawei

Life, James Hein, Published on 28/04/2021

» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.

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TECH

Think twice before going with Huawei

Life, James Hein, Published on 28/04/2021

» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.

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THAILAND

We must stay united, says PM

News, Published on 07/08/2020

» Stability is the key to driving Thailand's economy to rebound, and unity and cooperation from Thais are needed to revive the country in the face of the economic fall due to the Covid-19-crisis, Prime Minister Prayut Chan-o-cha said on Thursday.

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BUSINESS

Fresh virus spikes give investors pause

Business, Published on 22/02/2020

» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.

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BUSINESS

Best of both worlds

Asia focus, Erich Parpart, Published on 30/10/2017

» Smart manufacturing does not always involve robots replacing people. Instead, robots should be viewed as enablers instead of disruptors, with productivity and efficiency enhanced by automation, artificial intelligence (AI) and the Internet of Things (IoT).

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BUSINESS

'I am confident about 2017'

Business, Chatrudee Theparat, Published on 09/01/2017

» The military government brought in Somkid Jatusripitak to lead the regime's economic team in 2015, as the country was struggling with internal politics and global economic downturn.