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Cabinet exodus shakes faith in EEC
Business, Chatrudee Theparat, Published on 29/07/2020
» The recent resignations of economic tsar Somkid Jatusripitak, the former deputy prime minister, and four economic ministers including former Finance Minister Uttama Savanayana, have ignited concerns about planned big-ticket infrastructure development projects such as the government's flagship Eastern Economic Corridor (EEC).
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.