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Search Result for “march 3”

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

Insurance expected to flourish driven by auto, health policies

Business, Nareerat Wiriyapong, Published on 20/02/2024

» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.

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BUSINESS

Frontier markets fret

Asia focus, Published on 20/06/2022

» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

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BUSINESS

Economic outlooks diverging in second quarter

Business, Published on 24/04/2021

» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.

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WORLD

Markets rise as deaths slow in hotspots: Virus update

Published on 06/04/2020

» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.

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WORLD

Korea adds 505 cases, deaths top 2,800: Virus update

Published on 27/02/2020

» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.

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BUSINESS

Headwinds ahead

Asia focus, Erich Parpart, Published on 29/04/2019

» Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.

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BUSINESS

Myanamar reforms gather pace

Asia focus, Larry Jagan, Published on 09/04/2018

» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.

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BUSINESS

China's road to growth in Africa

Asia focus, Nithi Kaveevivitchai, Published on 04/12/2017

» While two of the biggest traditional investors in Africa, the United Kingdom and the United States, are facing domestic uncertainty in light of Brexit and policy changes under President Donald Trump, China seems to be the new hope of this populous continent.

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BUSINESS

Prosperity on the menu

Asia focus, Erich Parpart, Published on 23/10/2017

» Food processing can be a mutually beneficial industry for Thailand and India where the former, as the Kitchen of the World, can support the latter's ambition to become the Market of the World, say Indian officials.