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Search Result for “central bank”

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BUSINESS

More bookings, shorter trips: Chinese adjust to higher fuel prices for Labour Day break

South China Morning Post, Published on 23/04/2026

» HONG KONG — The number of Chinese tourists deciding to travel during the five-day Labour Day holiday at the start of next month could rival or exceed last year's headcount despite higher global fuel prices, analysts said, adding travellers were likely to prefer shorter trips to save on transport costs.

LIFE

Private art museum Dib Bangkok opens in Thailand in honour of late collector

South China Morning Post, Published on 13/01/2026

» With his curly hair and thick-rimmed glasses, the late Thai collector Petch Osathanugrah cut a distinct figure. An industrialist, musician and heir to a popular energy drink company, he amassed a vast collection of more than 1,000 artworks and was in the early stages of building a private museum in Bangkok when he died from a heart attack in 2023.

BUSINESS

Gold, oil jolted by US assault on Venezuela as investors recalibrate amid commodity boom

South China Morning Post, Published on 05/01/2026

» SHANGHAI — The US assault on Venezuela jolted the global commodity markets, sending gold higher and reinforcing the long-term bearish view on crude oil as investors navigate rising geopolitical tensions to start 2026.

LIFE

Twenty-nine beloved celebrities the world lost in 2025

South China Morning Post, Published on 20/12/2025

» This year, we lost some of the icons who shaped pop culture, from Hollywood legends to beloved musicians and television stars, including Robert Redford, Diane Keaton and Val Kilmer. We honour their memory by celebrating their lives and their enduring works.

BUSINESS

China's investment bank CICC targets Southeast Asia

South China Morning Post, Published on 05/11/2025

» HONG KONG — Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.

WORLD

How Hong Kong pair landed in Myanmar scam farm 'living a life worse than death'

South China Morning Post, Published on 21/10/2025

» HONG KONG — Having lived in safe Hong Kong all her life, Nancy never imagined that an overseas job would lead to forced labour in a scam farm, a harrowing experience that lasted for half a year before she could be reunited with her family.

BUSINESS

China's 'super golden week' forecast to spark travel boom at home and abroad

South China Morning Post, Published on 01/10/2025

» HONG KONG — Visa-free travel abroad and free toll roads at home are expected to fuel a surge in travel by Chinese citizens during an extra-long holiday starting this week, in what analysts call a boon for the service economy.

WORLD

How China's new 'durian express' recalls emperor's efforts to sate consort's lychee love

South China Morning Post, Published on 20/09/2025

» Native to Southeast Asia, durian is a highly divisive fruit. Some people love it, while others cannot stand being in the same room with one.

BUSINESS

China bets big on Thai industrial cluster with $8.4 billion investment

South China Morning Post, Published on 13/09/2025

» China has become the leading source of foreign investment in a growing, state-fostered Thai industrial cluster, backed by commitments to help build a light-rail line, design an "aerotropolis" and possibly develop property in the area, an official from the Southeast Asian country said.

BUSINESS

China to have 300,000 driverless taxis

South China Morning Post, Published on 29/08/2025

» SHANGHAI — China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday.