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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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BUSINESS

Canada comes calling

Asia focus, Erich Parpart, Published on 22/10/2018

» The bilateral relationship with Asia Pacific is becoming "very important" for Canada amid rising trade tension in the world, says Jim Carr, minister of international trade diversification.

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BUSINESS

Myanamar reforms gather pace

Asia focus, Larry Jagan, Published on 09/04/2018

» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.

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BUSINESS

Double the fun

Asia focus, Erich Parpart, Published on 22/01/2018

» Sailing on the equivalent of a floating Macau, viewing spectacular shows and enjoying all-day indoor and outdoor entertainment are par for the course on the new generation of cruises serving the growing Asian leisure travel market.

BUSINESS

Philip Morris bets on a smoke-free future

Business, Published on 16/01/2018

» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.

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BUSINESS

Escape from poverty

Asia focus, Erich Parpart, Published on 11/09/2017

» It was a cold winter night when Ji Seong-ho lost both of his left limbs. He was trying to jump onto a moving freight train to steal coal being transported from North Korea to China. He slipped on the snow and tumbled under the wheels of the carriage.

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BUSINESS

Bug bonanza

Asia focus, Erich Parpart, Published on 28/08/2017

» The first time I ate an insect was when I was young and playing in Roi Et, the northeastern province where my mother grew up. It was a fried grasshopper. I recall the taste was not bad, but after many bug-free years in Bangkok, I wasn't sure I wanted to get back on the insect wagon.

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BUSINESS

Escape from North Korea

Asia focus, Alexi Demetriadi, Published on 24/07/2017

» 'I left my home in North Korea in August 2014," Joon Hee recalls. A North Korean defector who has been living and working in Seoul for almost three years, she is like the hundreds of others who make the journey through China to South Korea, seeking a better life in the south.

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BUSINESS

Winter in ‘Game of Thrones’, springtime for spinoffs

Associated Press, Published on 17/07/2017

» New York -- Last night (Monday morning in Thailand), the first-to-last season of “Game of Thrones” premiered on HBO as devoted fans gleefully embraced the return of favourite characters, gruesome violence, and the series signature spider web of political intrigue. The houses of Westeros are still going at it -- at least for now, anyway.