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Search Result for “ally”

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BUSINESS

Gold set to gain from Venezuelan upheaval

Business, Nareerat Wiriyapong, Published on 06/01/2026

» Gold prices could potentially revisit the record high of US$4,549 an ounce, pushing the domestic price of gold bars to 67,000 baht per baht-weight, attributed to geopolitical tensions after the US announced it is "managing" Venezuela following the capture and removal of President Nicolás Maduro, gold traders say.

BUSINESS

Analysts: War threatens Thai economy

Business, Nareerat Wiriyapong, Published on 30/06/2025

» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.

BUSINESS

SET index could slip further amid BoT spat

Nareerat Wiriyapong, Published on 08/06/2024

» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.

OPINION

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.

BUSINESS

Japan's mission

Asia focus, Nareerat Wiriyapong, Published on 23/12/2019

» Waves of change -- geopolitical, technological and demographic -- have been sweeping across the world, and Japan is among the countries experiencing challenges on all those fronts. Amid a steady but slow economic recovery since he took office in 2012, Prime Minister Shinzo Abe has also seen his skills at international diplomacy tested, given his country's close ties with the United States.

BUSINESS

Place a bet on gambling reform

Asia focus, Nareerat Wiriyapong, Published on 26/08/2019

» Last week we saw some interesting developments in the gambling industries of two Southeast Asian nations that have become increasingly allied with China. While I am personally opposed to gambling and casinos, I respect the right of a country to allow them if it feels they will help the economy. But it's an industry that must be managed well in order to avoid negative effects.

BUSINESS

Asean balancing act

Asia focus, Nareerat Wiriyapong, Published on 14/05/2018

» China's growing influence in Asia and beyond is real. Beijing's escalating confrontation with the United States and threats of a trade war between the two superpowers are also pressing, with experts saying that would put the Association of Southeast Asian Nations (Asean) in the most difficult position in its 50-year history.