Showing 21 - 30 of 5,058
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Thai shrimp removed from US forced labour list
News, Onnucha Hutasingh, Published on 06/09/2024
» The US government has removed Thai shrimp from its lists of products suspected of being produced by forced or child labour, according to Labour Minister Phiphat Ratchakitprakarn.
Can AI revolutionise prosperity?
Oped, Published on 06/09/2024
» As global economic growth slows, many hope technological innovation is a potential solution. The International Monetary Fund's latest World Economic Outlook, for example, highlighted the potential of artificial intelligence to boost productivity and GDP. But the report also warns that given the uncertainties surrounding the extent of AI's impact, such forecasts should be approached with a dose of caution. While AI could usher in an era of prosperity, this outcome depends on how these emerging technologies evolve.
Hotel room rates plunge too low during low season
Business, Molpasorn Shoowong, Published on 06/09/2024
» Hotels in leisure destinations such as Phuket, Krabi and Pattaya tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.
Shares boosted by growing hopes for a soft landing
Business, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Indonesian app-based taxi drivers strike in protest over low pay
Published on 29/08/2024
» JAKARTA: Over 1,000 motorcycle taxi drivers staged a strike in several Indonesian cities on Thursday to protest against low pay, and called on the government to provide more protection against what they say are unfair practices by ride-sharing companies.
Thailand Post to take part in virtual banking
Business, Komsan Tortermvasana, Published on 28/08/2024
» The board of logistics provider Thailand Post has given the nod to the state agency participating in the planned virtual bank business, according to president Dhanant Subhadrabandhu.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Heavy burden on young shoulders
Business, Published on 26/08/2024
» Paetongtarn Shinawatra's recent ascension to prime minister, following the Constitutional Court's dismissal of her predecessor Srettha Thavisin over ethics violations based on a cabinet appointment, and the dissolution of the progressive Move Forward Party, which won the last election, presents a complex interplay of economic, political and social challenges for the nation.
A drive for smart facility operations
Business, Komsan Tortermvasana, Published on 24/08/2024
» Metthier, the country's first smart facility management service provider, has capitalised on its platform-driven workforce operations and advanced technologies to serve growing customer demand in the domestic market.