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GENERAL

Sabuy cuts full-year revenue target on global headwinds

Business, Nareerat Wiriyapong, Published on 26/12/2023

» Sabuy Technology, the SET-listed technology aggregator and commerce platform, has downgraded its revenue target this year by nearly half from a forecast of 20 billion baht and trimmed investments, citing global economic headwinds and geopolitical conflicts that have lowered purchasing power in Thailand.

OPINION

Climate change urgency grows

Asia focus, Nareerat Wiriyapong, Published on 01/07/2019

» Climate change is global in nature but it is having an especially severe impact on Asia. Chennai, one of India's largest cities, has run out of water as the summer heat intensifies. With monsoon rains below average, four lakes in the city of 4.7 million have dried up. Residents don't have enough water to drink, bathe or wash clothes, malls have closed their washrooms and restaurants are not open for customers.

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GENERAL

Maybank scrutinises impact from proposed casino project

Business, Nareerat Wiriyapong, Published on 09/04/2024

» Entertainment complexes with gambling venues could generate 187 billion baht in revenue per year, or roughly 1% of Thailand's GDP, with the first complex projected to operate by fiscal 2029, says Maybank Securities.

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BUSINESS

SET rides Asian market upswell

Business, Nareerat Wiriyapong, Published on 02/12/2022

» The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.

OPINION

Food security an urgent priority

Asia focus, Nareerat Wiriyapong, Published on 04/07/2022

» While an earlier meeting of G-20 delegates in Yogyakarta focused on strengthening the global health system, it is no surprise that the Russia-Ukraine war dominated talks at the summit of the Group of Seven rich nations last week.

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BUSINESS

Waiting for China

Asia focus, Nareerat Wiriyapong, Published on 23/05/2022

» Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an upper-middle-income country.

OPINION

World mustn't forget Myanmar

Asia focus, Nareerat Wiriyapong, Published on 04/04/2022

» With all eyes focusing on the Russia-Ukraine war, Southeast Asia and the world should not forget about what has been going on in Myanmar. The military shows no signs of stopping its brutal campaign of violence against the people, who continue to fight for the democracy that was stolen from them 14 months ago.

BUSINESS

Let's all celebrate responsibly

Asia focus, Nareerat Wiriyapong, Published on 31/01/2022

» The Year of the Tiger arrives tomorrow and people, particularly in East and Southeast Asian countries, are ready to celebrate Lunar New Year 2022. For many of us, however, it's going to be another year of quiet celebration under the influence of the coronavirus pandemic.

BUSINESS

Speaking up about forced labour

Asia focus, Nareerat Wiriyapong, Published on 20/12/2021

» In a move that could further sour relations between the world's two largest economies, the US Congress last week agreed on legislation aimed at punishing China for the alleged oppression of Uighur Muslims.

OPINION

Vaccine confusion must end

Asia focus, Nareerat Wiriyapong, Published on 10/05/2021

» As a new wave of the global pandemic creates growing urgency in many parts of the world, Covid-19 vaccines have been in short supply. Only a handful of rich economies, among them the US and European countries, along with China, have secured sufficient supplies for their domestic vaccination programmes.