Showing 1 - 7 of 7
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.
Kerry Express paves way for logistics firms
Business, Suchit Leesa-nguansuk, Published on 06/02/2021
» Kerry Express Thailand (KEX) became the first parcel delivery firm to launch an initial public offering (IPO) on the Stock Exchange of Thailand, making the offer last December amid strong demand for courier services in the pandemic.
From Berkeley to Klong Toey, no holds barred
Business, Published on 09/06/2018
» 'They know I don't bullshit. If I have it, I have it; If I don't, I say it," says Chanond Ruangkritya, rocking on his chair's two hind legs.
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.
Energy-Heavy set slips as equities surge elsewhere
Business, Published on 05/06/2017
» Recap: Asian and European stocks rallied after a record-breaking run on Wall Street, propelled by American hiring data that bolstered confidence in the global economy. Japan's Nikkei ended Friday above 20,000 for the first time since December 2015. Oil headed for a three-week low, however, capping gains on the energy-heavy Thai stock market.
Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
Slowdown Worries mounting
Business, Published on 20/10/2014
» Recap: Global bourses have been in bear mode as concerns mount about global economic growth. Investors are advised to keep a close watch on the US Federal Reserve, which will meet on Oct 28-29, for signals about monetary policy direction, as well as global economic conditions.