Showing 1 - 10 of 10
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Coffee lovers set for price pain as reserves shrink
Bloomberg News, Published on 24/08/2022
» Vietnam's vast hoard of coffee beans is shrinking, a phenomenon that is set to push rising global prices even higher.
Crisis to crisis: What Asia learned from the financial chaos of 1997
Bloomberg News, Published on 02/07/2022
» Twenty-five years ago this month marked the beginning of economic, political and financial market turmoil that would become known as the Asian Financial Crisis. Currencies and stock markets tumbled. Governments were overthrown. Poverty rates soared.
Less rice for same price: inflation bites Asia
Bloomberg News, Published on 13/04/2022
» Profits at Ma Hong's spicy hotpot restaurant have been squeezed by about a fifth since he opened in downtown Beijing last year, crushed by beef tripe prices that have shot up by more than 50% and the surging costs of other key ingredients.
ADB: Covid erases 9 million jobs in Southeast Asia
Bloomberg News, Published on 16/03/2022
» The Covid-19 pandemic obliterated 9.3 million jobs in Southeast Asia as lockdowns hit the region’s traditional engines of growth such as hospitality and tourism, according to the Asian Development Bank (ADB).
Govt plans B155bn aid for farmers hit by Covid, floods
Bloomberg News, Published on 24/11/2021
» The government plans to dole out 155 billion baht in cash to millions of farmers reeling from the impacts of Covid-19, floods, droughts and poor crop prices.
Economies on the brink push SE Asia to reopen
Bloomberg News, Published on 14/09/2021
» Even as they struggle with one of the world’s worst Covid-19 outbreaks, nations across Southeast Asia are slowly realising that they can no longer afford the economy-crippling restrictions needed to squash it.
SE Asian economies languish as virus challenges persist
Bloomberg News, Published on 11/05/2021
» The Philippine and Malaysian economies continued contracting in the first three months of the year, adding to signs that some of Southeast Asia’s biggest nations are struggling amid a resurgence in coronavirus cases.
Vietnam’s richest man bets $2bn to sell cars to US
Bloomberg News, Published on 10/12/2019
» HANOI: The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp and Hyundai Motor Co couldn’t pull off during their early days: sell a car in the US.
Last-minute India demands jeopardise Asian trade pact
Bloomberg News, Published on 30/10/2019
» NEW DELHI: India keeps making last-minute requests after it agreed to terms for the world’s largest regional trade agreement, potentially preventing Asian leaders from announcing a breakthrough next week on the 16-nation pact during a summit in Bangkok, people familiar with the situation said.