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  • News & article

    Bank of Thailand to adjust rates amid changes: deputy chief

    Reuters, Published on 23/04/2024

    » WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

  • News & article

    Insurance expected to flourish driven by auto, health policies

    Business, Nareerat Wiriyapong, Published on 20/02/2024

    » The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.

  • News & article

    Business leaders push sustainable intelligence

    Business, Published on 21/03/2024

    » Corporations are urged to embrace a sustainable intelligence paradigm empowered by artificial intelligence (AI) to deal with the changing industry landscape.

  • News & article

    Will India be a new economic superpower?

    Oped, Published on 11/08/2023

    » In March 1985, the Wall Street Journal showered India's new prime minister, Rajiv Gandhi, with its highest praise. In an editorial titled "Rajiv Reagan", the newspaper compared the 40-year-old Gandhi to "another famous tax cutter we know", and declared that deregulation and tax cuts had triggered a "minor revolution" in India.

  • News & article

    Korea adds 505 cases, deaths top 2,800: Virus update

    Published on 27/02/2020

    » Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.

  • News & article

    The right way to finance disaster recovery

    Asia focus, Published on 11/11/2019

    » In mid-October, as Japan was being battered by Typhoon Hagibis -- the most powerful typhoon to hit the country in six decades -- it was also shaken by a magnitude 5.7 earthquake. As climate change progresses, Japan, like the rest of the world, will face increasingly frequent and severe natural disasters, necessitating costly recovery efforts. Tax increases are not the way to pay for them.

  • News & article

    Energy transition confronts reality

    Oped, Published on 03/02/2023

    » The "energy transition" from hydrocarbons to renewables and electrification is at the forefront of policy debates nowadays. But the last 18 months have shown this undertaking to be more challenging and complex than one would think just from studying the graphs that appear in many scenarios. Even in the United States and Europe, which have adopted massive initiatives to move things along, the development, deployment, and scaling up of the new technologies on which the transition ultimately depends will be determined only over time.

  • News & article

    Bank of Thailand still upbeat despite headwinds

    Business, Somruedi Banchongduang, Published on 03/11/2022

    » The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.

  • News & article

    Frontier markets fret

    Asia focus, Published on 20/06/2022

    » 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

  • News & article

    Economic outlooks diverging in second quarter

    Business, Published on 24/04/2021

    » It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.

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