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BUSINESS

Sell-off continues as inflation fight stepped up

Business, Nuntawun Polkuamdee, Published on 24/09/2022

» RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

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BUSINESS

China's record-breaking drought hits major rice-growing regions

Published on 21/09/2022

» HONG KONG: A record-breaking drought has continued to hit China's two major rice-growing regions, adding to challenges over food security, drinking water and the conservation of endangered Yangtze River mammals.

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BUSINESS

Zero-Covid hurts 75% of European firms in China

AFP, Published on 21/09/2022

» BEIJING: China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a major business lobby said Wednesday, warning that the presence of the companies "can no longer be taken for granted".

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BUSINESS

Fallout from an 'economic war'

Business, Published on 19/09/2022

» Thailand's customs-cleared export value continued to expand for a 17th consecutive month in July, but the growth rate slowed to 4.3% year-on-year after robust gains of 11.9% in June, 10.5% in May, 9.9% in April and 19.5% in March, which was the highest level since records began in 1991.

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BUSINESS

Asian shares extend global rout, yen perks up on intervention hints

Published on 14/09/2022

» SYDNEY: Asian stocks tumbled on Wednesday as US data dashed hopes for an immediate peak in inflation, although the dollar paused its relentless run against the yen as Japan gave its strongest signal yet it was unhappy with the currency's sharp declines.

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BUSINESS

Safety warning over new hotel rules

Business, Narumon Kasemsuk, Published on 06/09/2022

» Plans to exempt more small hotels from regulation will lead to unfair competition and heightened safety and security risks, according to the Thai Hotels Association (THA).

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BUSINESS

What is the current cannabis situation?

Business, Janine Phakdeetham, Published on 17/08/2022

» It has been over two months since Thailand legalised the cultivation and sale of cannabis for medical purposes.

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BUSINESS

Sri Lanka syndrome: Is Bangladesh out of danger?

Asia focus, Published on 08/08/2022

» With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.

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BUSINESS

IoT tech to collect real-time weather data

Business, Komsan Tortermvasana, Published on 04/08/2022

» The Meteorological Department is gearing up to adopt Internet of Things (IoT) devices to collect weather-related data which can be reported in real time, and work with the telecom regulator to send weather warnings to people via SMS messages.

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BUSINESS

Fed attacks US inflation with another interest rate hike

AFP, Published on 28/07/2022

» WASHINGTON: The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families.