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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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WORLD

Lego to pay extra for renewable plastic used in toys

Bloomberg News, Published on 16/03/2024

» COPENHAGEN - Faced with a shortfall of renewable plastic for its colourful toy bricks, the man in charge of Lego A/S is engaging with producers of the raw material in a race to meet sustainability targets.

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GENERAL

Cash gifts, free milk raise risks to Thailand, Indonesia ratings

Bloomberg News, Published on 27/02/2024

» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.

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GENERAL

African nations dominate top 10 economic growth spots

Bloomberg News, Published on 09/01/2024

» JOHANNESBURG - Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.

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BUSINESS

Srettha quits CEO job amid PM speculation

Bloomberg News, Published on 04/04/2023

» Property tycoon Srettha Thavisin quit as the chief executive and president of Sansiri Pcl amid speculation that he will officially be named a prime ministerial candidate of the opposition Pheu Thai Party.

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WORLD

Singapore daily Covid infections highest since March

Bloomberg News, Published on 29/06/2022

» Singapore reported its highest number of daily Covid-19 infections in more than 3 months on Tuesday, according to the Ministry of Health’s website.

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TECH

Can AI gain sentience?

Bloomberg News, Published on 17/06/2022

» Media coverage of artificial intelligence tends to invoke tired references to The Terminator or 2001: A Space Odyssey’s HAL 9000 killing a spaceship’s passengers. Hollywood loves a story about a sentient robot destroying humanity to survive.

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BUSINESS

A third of job losses in Asia linked to tourism - ILO

Bloomberg News, Published on 18/11/2021

» Nearly a third of total job losses in five Asian countries were linked to tourism, with an estimated 1.6 million jobs lost, according to the International Labour Organization.

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WORLD

Gates sees Covid deaths drop to flu levels by mid-2022

Bloomberg News, Published on 18/11/2021

» Covid-19 deaths and infection rates may dip below seasonal flu levels by the middle of next year assuming new dangerous variants don’t emerge in the meantime, Bill Gates said.