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  • BUSINESS

    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.

  • LIFE

    A year of K-pop

    Life, Suwitcha Chaiyong, Published on 26/12/2023

    » One of the biggest K-pop stories in December has been the enlistment of the remaining four members of BTS for mandatory military service. On Dec 11, RM, the leader of BTS, and V, the vocalist, began their enlistment. The following day, two other vocalists, Jimin and Jungkook, entered training camps in Yeoncheon together. As the world's biggest boy band goes on hiatus, it will be interesting to see which rival claims the top spot in the absence of BTS.

  • BUSINESS

    Jay Mart announces BTS investment deal

    Business, Komsan Tortermvasana, Published on 27/08/2021

    » The board of SET-listed Jay Mart, a major IT product distributor, has approved the issuance of 300 million new shares to BTS Group Holdings' two subsidiaries through a private placement in a deal worth 10 billion baht.

  • BUSINESS

    Big Hit's IPO proves 'Dynamite'

    Business, Published on 07/10/2020

    » SEOUL: Ordinary South Koreans rushed to pour more than $50 billion into the initial public offering for the management agency of K-pop sensation BTS, sale organisers said after it closed on Tuesday.

  • OPINION

    Mass testing best

    News, Postbag, Published on 21/03/2020

    » The most effective and cheapest way of controlling the Covid-19 pandemic will be to conduct mass testing of the population, as urged by eminent French infectious diseases expert Dr Didier Raoult. He has pointed out that cheaply mass produced testing equipment is already available and is being used effectively in South Korea. Countries, including Thailand, should build up this mass testing capability as fast as it can and test as many people as possible. That way it will be possible to isolate only those who test positive and it also makes it possible to treat those who start showing symptoms early which boosts the chance of a favourable outcome for them. This will be far more effective than locking down entire populations of people who are not infected and causing a massive economic dislocation in the process. In Thailand's case, it may cost US$325 million (10.5 billion baht) to test the entire population, but that would be a drop in the bucket compared to the $8 billion cost of a 5% decline in GDP.

  • LIFE

    To hell and back

    Life, Tatat Bunnag, Published on 18/08/2020

    » Katy Perry is without a doubt a big name in the pop music world. With a string of chart-topping tracks like Roar, California Gurls, Teenage Dream, Firework and Last Friday Night (T.G.I.F.), the sensational American pop singer has sold more than 45 million albums and her songs have been streamed over 40 billion times. Now in self-isolation, the megastar is gearing up for the release of her new album, simply titled Smile, on Aug 28, as well as the birth of her first child.

  • BUSINESS

    Jay Mart rebrands amid breakneck growth

    Business, Komsan Tortermvasana, Published on 29/10/2022

    » Starting with a single retail shop selling electrical appliances 32 years ago, Jay Mart has become a listed holding conglomerate engaged in retail IT, finance and technology, with business partnerships set to expand in order to foster synergy and drive growth.

  • BUSINESS

    BTS bets big on property

    Business, Kanana Katharangsiporn, Published on 19/09/2016

    » SET-listed firm BTS Group Holdings Plc is restructuring its property business to support a five-year residential development plan worth 100 billion baht and expand its commercial property segment.

  • BUSINESS

    Prasert stays richest for Thai shares

    Business, Published on 10/12/2015

    » Prasert Prasarttong-Osoth, founder of Bangkok Dusit Medical Services Plc (BGH) and Bangkok Airways Plc (BA), remains the richest businessman on the Thai stock market for the third consecutive year, with publicly listed shares worth 62 billion baht, up 7.7% from the previous year.

  • BUSINESS

    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.

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