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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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BUSINESS

Kerry Express paves way for logistics firms

Business, Suchit Leesa-nguansuk, Published on 06/02/2021

» Kerry Express Thailand (KEX) became the first parcel delivery firm to launch an initial public offering (IPO) on the Stock Exchange of Thailand, making the offer last December amid strong demand for courier services in the pandemic.

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BUSINESS

Monorail ushers in hope

News, Published on 07/06/2020

» If anyone has visited Charoen Nakhon area in Thon Buri area recently, they might be surprised by the bumper-to-bumper traffic -- a situation rarely seen elsewhere during the Covid-19 pandemic. The congestion has been caused by the construction of the country's first monorail known as the Gold Line.

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BUSINESS

Three investment themes for February

Business, Published on 08/02/2020

» In January, the Thai equity market was buffeted by several negative factors. The spread of the coronavirus drove the SET index sharply lower to finish the month at 1.514.14 points.

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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BUSINESS

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.

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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

Return of the malls

Spectrum, Published on 29/10/2017

» The Bangkok retail market appears to be bucking a broader global trend, in which online shopping is threatening the survival of large shopping malls. After two years in which most of the new retail development in the capital consisted of smaller-scale community malls, big shopping centres are scheduled to make a comeback in 2018.

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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.

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BUSINESS

Regional rail contender

Asia focus, Prangthong Jitcharoenkul, Published on 10/10/2016

» The rail technology leader Bombardier is seeking a stronger presence in Asia through its headquarters in Bangkok, says the company's vice-president for Asia Pacific.