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PROPERTY

Tycoon's property unit sees earnings jump on tourism boom

Bloomberg News, Published on 26/03/2024

» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.

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GENERAL

World Bank cuts growth estimates for East Asia as China falters

Bloomberg News, Published on 02/10/2023

» SINGAPORE - Developing economies in East Asia and the Pacific are set to see slower growth this year and next as the region reels from the impact of tighter finances and a weak global environment, according to the World Bank’s latest report.

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GENERAL

Thailand mulls easing visa rules to lure Chinese, Indian tourists

Bloomberg News, Published on 30/08/2023

» Thailand is likely to ease visa rules for Chinese and Indian travellers and allow longer stays for visitors from all nations as new Prime Minister Srettha Thavisin looks for ways to boost tourism revenue to nearly US$100 billion next year.

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GENERAL

Central bank lifts key rate to 9-year high

Bloomberg News, Published on 02/08/2023

» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.

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BUSINESS

Asia’s gamblers cheer wave of legalisation

Bloomberg News, Published on 14/06/2023

» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.

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BUSINESS

Asia's factories signal more pain as China recovery falters

Bloomberg News, Published on 01/06/2023

» SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.

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BUSINESS

North Asia’s factories stuck in decline

Bloomberg News, Published on 02/05/2023

» JAKARTA: North Asia’s export powerhouses continued to stutter in April amid sluggish global trade and a patchy economic recovery in China, according to new data that amplified concerns about the risk of a global recession.

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BUSINESS

Trade probe of solar imports from Thailand, 3 other countries poses threat to US projects

Bloomberg News, Published on 16/03/2022

» A potential Commerce Department probe of solar imports from Southeast Asia has the potential to freeze investment in the United States, industry leaders warned on Tuesday.

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WORLD

Philippines still ‘worst place’ to be in Covid

Bloomberg News, Published on 27/10/2021

» The Philippines remains bottom of Bloomberg’s Covid Resilience Ranking of the best and worst places to be amid the pandemic in October, as vaccinations and reopening lag despite its outbreak easing.

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THAILAND

Anti-govt groups vow to intensify protests as leaders charged

Bloomberg News, Published on 10/02/2021

» Pro-democracy groups have vowed to intensify their protests calling for monarchy reform and a new constitution, a day after a Bangkok court sent four of their leaders into pretrial detention on royal defamation charges.