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Search Result for “Laos”

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BUSINESS

Year of Turbulence

Asia focus, Published on 27/12/2021

» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.

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BUSINESS

At home in Asean

Asia focus, Nareerat Wiriyapong, Published on 05/02/2018

» The first thing that impressed me about Hideaki Iwasaki, country director for the Thailand Resident Mission of the Asian Development Bank (ADB), was his fluent English. I assumed it was the result of his educational background.

BUSINESS

Stocks rally strongly as fed dials back rate hikes

Business, Published on 21/03/2016

» Recap: Global stock markets rallied, propelled by the US Federal Reserve's dovish stance on its policy rate direction. However, the Thai stock market recorded its first weekly loss since Feb 12 as profit-taking capped gains.