Showing 1 - 10 of 16
Asian factories still under pressure as demand slows
Bloomberg News, Published on 03/01/2023
» SINGAPORE: Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand.
Vietnamese EV maker to build $2bn plant in US
Bloomberg News, Published on 30/03/2022
» Vietnamese electric-vehicle maker VinFast said it will start building a factory in North Carolina this year, ahead of a planned initial public offering (IPO) in the United States.
Lost decade lingers as emerging-market stocks trail US peers
Bloomberg News, Published on 08/11/2021
» The beginning of the end of cheap money was heralded as the moment emerging-market stocks would reverse a decade spent in the shadow of their developed-nation peers.
First double-dip recession since 1998 looms
Bloomberg News, Published on 29/07/2021
» Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival.
Pandemic pushes millions of small Thai companies into crisis
Bloomberg News, Published on 06/07/2021
» Many small and medium-sized enterprises, the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid infections dims the prospects for an economic recovery.
Pound seen falling 5% if UK trade talks with EU go nowhere
Bloomberg News, Published on 17/11/2020
» The pound, a barometer for markets through four years of Brexit twists and turns, will probably weaken by 5% if the U.K. and European Union fail to reach a trade agreement.
Economy’s Covid recovery threatened by protests
Bloomberg News, Published on 27/10/2020
» Protests sweeping across Thailand threaten to snuff out chances of a consumption-led recovery from the nation’s worst-ever economic slump.
Deadly crash, fake pilots expose Pakistan’s broken airline
Bloomberg News, Published on 08/07/2020
» For decades Pakistan International Airlines Corp stood for a resurgent post-colonial nation, flying the flag from New York to Tokyo. Now the airline is struggling to recover from a fatal crash, years of losses, a collapse in global air travel and the stunning revelation that almost a third of the nation’s pilots obtained fake licences.
BoT shies away from rate cut
Bloomberg News, Published on 17/07/2019
» The Bank of Thailand reiterated its concern about the baht’s persistent strength on Wednesday, but said cutting the key interest rate may have only a limited impact in dealing with currency’s ascent and instead flagged a preference for using a range of tools.
Top-performing Tisco bank will shun risky lending amid slowdown
Bloomberg News, Published on 25/06/2019
» Tisco Financial Group Plc, Thailand’s top performing bank stock this year, is becoming wary of risky lending practices as the economy slows.