Showing 1-10 of 17 results
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High speed rail coming to Laos
Jon Fernquest, Published on 11/04/2013
» Paying for high speed rail through Laos to China will take 80% of the Laos national budget but China govt banks will help with loans.
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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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All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
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Seeding green growth
Asia focus, Tanyatorn Tongwaranan, Published on 18/06/2018
» Sustainability and planning for climate change have become mainstream components of economic planning globally as the world has witnessed the adverse impacts of irresponsible growth pathways.
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Sinking Cities
Asia focus, Published on 02/09/2019
» One of the most pressing challenges the world is facing as a result of climate change is rising sea levels. Scientists predict that oceans will rise by between 0.3 and 2.5 metres by 2100. This will put many coastal areas at risk, with potentially catastrophic consequences for large cities.
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A safercyber world
Asia focus, Published on 03/09/2018
» E-commerce and other digital services are becoming a part of mainstream life in Southeast Asia, part of a transformation that is driving strong economic growth. But the advances are not universal and the system is still not nearly as secure as it should be.
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Time to deliver
Asia focus, Larry Jagan, Published on 25/11/2019
» The Myanmar government knows it needs to improve the country's economic performance and extend the benefits of development more evenly across society. With elections only a year away, the ruling National League for Democracy (NLD) needs some big wins to prove to the country's entrepreneurs and the urban middle class that it is pro-business.
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Finance minister backs policy rate, calls for new growth areas
Business, Published on 06/05/2015
» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.
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Opec output-cut deal provides lift for equities
Business, Published on 03/10/2016
» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.
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Reading & education keys to better economy
Jon Fernquest, Published on 04/10/2012
» Govt spending & handouts can increase incomes right now, but only better education & more reading will lead to lasting income increase.
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