Showing 1 - 10 of 14
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
What's next for Asian aviation?
Asia focus, Suwatchai Songwanich, Published on 08/03/2021
» The recent resurgence of Covid-19 infections across the region has snuffed out hopes that demand for travel will returning to pre-pandemic levels anytime soon. Last month, seat occupancy on Thai carriers fell to 13% of pre-virus levels, after an initial bump up to 46% in late December.
Alternative foods take the next step
Asia focus, Suwatchai Songwanich, Published on 15/02/2021
» Earth's population will expand to about 10 billion people by 2050, putting incredible strain on our ability to feed everyone. Added stresses from climate change will only increase pressure on the planet's natural resources. Heading off these challenges means we need to start getting creative about food production now.
Vietnam's clever rice strategy
Asia focus, Suwatchai Songwanich, Published on 25/01/2021
» Vietnam, the world's second largest rice exporter, this month made a surprising move by starting to import the grain from India. It is importing the cheaper Indian rice to meet domestic demand while saving its own output, which is currently selling at a multi-year high, for the export market.
Covid a chance to realign tourism industry
Asia focus, Suwatchai Songwanich, Published on 18/01/2021
» Tourism is probably the industry hit hardest by the pandemic, which is bad news for countries like Thailand. Prior to the outbreak, the tourism industry accounted for as much as one-fifth of the economy, but it has since dropped precipitously.
Big ideas will define a post-Covid world
Asia focus, Suwatchai Songwanich, Published on 04/01/2021
» The rollout of Covid-19 vaccinations in a number of countries provides light at the end of the coronavirus tunnel, even if it doesn't spell the end of the crisis. When we finally make the transition from the current state to the next normal, we may not be sure what the world will look like, but we do know there are a few big ideas in play that could shape the near future.
China conquers the gaming universe
Asia focus, Suwatchai Songwanich, Published on 07/12/2020
» Tencent's flagship video game Honour of Kings has become the first online game ever to average more than 100 million daily active users. It was also the world's most lucrative mobile game in September with approximately US$240 million in sales.
The rise of smart cities in China
Asia focus, Suwatchai Songwanich, Published on 02/11/2020
» China is leading the global race to create smart cities -- digitising urban areas by using big data processing and analysis powered by artificial inrelligence (AI) to help manage resources and public spaces for urban living.
China rebalancing with 'dual circulation'
Asia focus, Suwatchai Songwanich, Published on 19/10/2020
» Ever since Chinese President Xi Jinping set markets abuzz in May by raising the idea of a "dual circulation" economy, observers have been exploring the potential of this new economic model for China which has knock-on effects for the rest of the world.
China steps up as digital currency pioneer
Asia focus, Suwatchai Songwanich, Published on 14/09/2020
» The People's Bank of China is blazing a new virtual trail with pilot tests of its national digital currency around the country. Digital Currency Electronic Payment (DCEP), the digital version of the renminbi, will be tested in Shenzhen, Suzhou, Xiongan and Chengdu and at venues of the 2022 Winter Olympics scheduled for Beijing and vicinity.