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Search Result for “quake”

Showing 1 - 10 of 35

BUSINESS

World Bank sees Myanmar’s economy shrinking on conflict, quake

Bloomberg, Published on 09/12/2025

» Myanmar’s economy will contract this year amid civil war and ongoing drag from a March earthquake, according to the World Bank, which sees growth also constrained by weak domestic demand, labour shortages and frequent power outages.

BUSINESS

Insurance claims from quake may hit B50 billion

NUNTAWUN POLKUAMDEE, Published on 03/07/2025

» Total insurance claims from the powerful earthquake that struck Myanmar and Thailand in March could surge to 50 billion baht, up from the 30 billion already filed across 150,000 claims, according to the Thai General Insurance Association (TGIA).

BUSINESS

Myanmar recovery dented by devastating quake

Bloomberg News, Published on 12/06/2025

» NAY PYI TAW — Myanmar’s economy is headed for its worst performance since the pandemic as the strife-torn country reels from the impact of a devastating earthquake in March that’s estimated to have caused US$11 billion in damage, according to the World Bank.

BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

BUSINESS

Earthquake spurs office relocation queries

Business, Published on 22/05/2025

» Bangkok's office market in the first quarter of 2025 continued to face mounting pressure from new supply, resulting in higher vacancy rates and intensifying competition among landlords, according to property consultancy CBRE Thailand.

BUSINESS

SET rebounding after a bumpy April

Business, Tisco Securities, Published on 10/05/2025

» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.

BUSINESS

Tata Steel bullish on ductile rebar

Business, Lamonphet Apisitniran, Published on 05/05/2025

» Growing demand for stronger steel in buildings located in areas that may be deemed prone to earthquakes has led Tata Steel (Thailand) Plc, a unit of India's largest manufacturer, to increase production of ductile rebar steel.

BUSINESS

Jorakay eyes 10% growth as overseas sales boom

Business, Kanana Katharangsiporn, Published on 01/05/2025

» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.

BUSINESS

Earthquake hits Chiang Mai's room rates during Songkran

Business, Molpasorn Shoowong, Published on 18/04/2025

» Despite a robust performance during the Songkran holiday, hotels in Chiang Mai offered lower room rates than last year in a bid to draw last-minute domestic travellers, whose confidence was still shaken by last month's earthquake.

BUSINESS

Quake fears drive some Hong Kong tourists away from Asian cities

South China Morning Post, Published on 14/04/2025

» HONG KONG — Concerns over earthquakes have contributed to a decline in the number of Hong Kong residents joining tour groups to some popular Asian destinations this Easter, despite prices falling by as much as 15% over last year's level, one of the city's largest travel agents has said.