Showing 1 - 10 of 16
Singapore's next PM to contend with rising prices, aging population
Published on 14/05/2024
» SINGAPORE: Skyrocketing prices and an aging population are among the challenges facing Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong, who will become the country's new premier on Wednesday.
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.
Science has delivered, will the WTO?
News, Published on 14/01/2021
» A proposal by India, South Africa and eight other countries calls on the World Trade Organisation (WTO) to exempt member countries from enforcing some patents, and other Intellectual Property (IP) rights under the organisation's Agreement on Trade-Related Aspects of Intellectual Property Rights, known as Trips, for a limited period of time. It is to ensure that IPRs do not restrict the rapid scaling-up of manufacturing of Covid-19 vaccines and treatments. While a few members have raised concerns about the proposal, a large proportion of WTO members support the proposal. It has also received the backing of various international organisations, multilateral agencies and global civil society.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
SET risks and rewards
Business, Darana Chudasri, Published on 23/01/2017
» The Stock Exchange of Thailand was one of Asia's best performers last year with a rally of almost 20%.
Theft out of need may not be crime
News, Published on 05/05/2016
» Stealing food from a supermarket may not be a crime in Italy if you are homeless and hungry, the nation's highest appeals court has ruled.In a case that has drawn comparisons to Les Miserables, the Supreme Court of Cassation threw out the conviction of a homeless man from Ukraine, Roman Ostriakov, who was caught trying to take €4.07 (about 164 baht) worth of cheese and sausage from a store in Genoa without paying for it. A trial court sentenced him in February 2015 to six months in jail and a fine of €100.
Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.
Global disarray as institutions falter
News, Thitinan Pongsudhirak, Published on 17/08/2015
» The international system as we know it is unravelling. Rules and institutions that were set up seven decades ago no longer hold the same weight and authority as they used to. As we grapple with an exacerbating global disorder, established powers and players and old rules and institutions need to be revamped and reinvented to accommodate new realities. Otherwise global tensions will mount, most probably accompanied by confrontation and conflict.