Showing 1 - 10 of 109
K-Research calls for more stimulus steps
Business, Nareerat Wiriyapong, Published on 13/02/2024
» Thailand is not at risk of deflation but the economy needs additional government measures to stimulate domestic consumption as geopolitics, China's slowdown and the baht's fluctuation pose challenges to economic growth this year, says Kasikorn Research Centre (K-Research).
The showdown over interest rates
Business, Nareerat Wiriyapong, Published on 11/01/2024
» Tensions are growing as Prime Minister Srettha Thavisin and the Finance Ministry continue their stand-off with the Bank of Thailand after the premier repeatedly suggested the central bank should cut interest rates as inflation has subsided.
Local bourse starts to see net inflows
Business, Nareerat Wiriyapong, Published on 10/05/2023
» The Thai stock market, which posted significant capital outflows in the first four months of this year, has begun to record net inflows this week as investors absorbed negative news about the US banking crisis and a potential recession, says the Stock Exchange of Thailand (SET).
Gold skyrockets as banks still wobble
Business, Nareerat Wiriyapong, Published on 21/03/2023
» Gold prices passed US$2,000 for the first time in more than a year on Monday as UBS's recent takeover of its Swiss rival Credit Suisse for $3.2 billion failed to assure investors about ongoing bank woes.
Tourism ministry seeks B8.7bn economic 'booster shot'
Business, Nareerat Wiriyapong, Published on 15/11/2022
» LONDON: The Tourism and Sports Ministry is planning to ask the cabinet this month for a budget of 8.7 billion baht to support the tourism industry, saying a "booster shot" is required for Thailand to attract 18-20 million tourists next year.
Time to tone down Taiwan tensions
Asia focus, Nareerat Wiriyapong, Published on 08/08/2022
» It was a picture-perfect shot, really. That was my thought when I saw US House Speaker Nancy Pelosi standing side by side with Taiwanese President Tsai Ing-wen in Taipei last Wednesday. But the one-day visit to the self-ruled island by the 82-year-old American politician has created no end of tension, not only for the US and China but also many of their allies across the Asia Pacific region.
Myanmar's twin crises loom
Asia focus, Nareerat Wiriyapong, Published on 01/08/2022
» While the rest of the world continues to be preoccupied by Covid-19 and fallout from Russia-Ukraine war, the downward spiral of Myanmar continues. A once-promising frontier market risks slipping into a Sri Lanka-like economic crisis, exacerbating the humanitarian crisis created by the cruelty of its military junta.
Hope for the marginalised in India
Asia focus, Nareerat Wiriyapong, Published on 25/07/2022
» While the final no-confidence debate targeting Prime Minister Prayut Chan-o-cha and his crew was under way at home last week, my focus was on India's presidential election. The result was widely welcomed as veteran tribal politician Draupadi Murmu made history.
Schneider Electric: Digitisation, utilisation & sustainability focused
Asia focus, Nareerat Wiriyapong, Published on 22/06/2022
» Since the emergence of Covid-19 more than two years ago, businesses across the world have seen the devastating impacts of the prolonged outbreak that has severely hurt the economy, low-ered consumption and put millions of people out of jobs.
Biden needs to do better in Asia
Asia focus, Nareerat Wiriyapong, Published on 30/05/2022
» When Joe Biden arrived in Asia last week for the first visit to the region of his presidency, he aimed to pick up where his predecessor left off. Landing in South Korea on May 20 as events in North Korea and the Ukraine crisis loomed large, Mr Biden then travelled to Tokyo for a meeting of an alliance of the US, Australia, Japan and India that aims to counter China's growing influence.