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  • BUSINESS

    Year of turbulence

    Asia focus, Published on 31/12/2018

    » Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.

  • BUSINESS

    LH founder surprised by DSI summons

    Business, Published on 19/05/2017

    » Land and Houses Plc (LH), one of the country's largest housing developers, is playing down the Department of Special Investment (DSI) summons of its founder and major shareholder, Anant Asavabhokin, to answer money-laundering charges over land sales tied to an embezzlement case.

  • BUSINESS

    Uncage the fintech tigers in Thailand

    Business, Published on 22/05/2018

    » There is a long way to go before Asian financial technology tigers can roar on the global stage and Thailand is no exception. Innovation is moving fast and regulators are struggling to keep up, which means people in Thailand are missing out on useful fintech innovations that Europeans have been benefiting from for years: whether in money remittance, wealth management or business banking.

  • BUSINESS

    Personal privacy in the balance

    Business, Published on 11/03/2019

    » Data is hailed as the new "oil" of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to ensure that personal information is well protected from fraud and mischief.

  • BUSINESS

    Banking on transformation

    Asia focus, Chiratas Nivatpumin, Published on 19/11/2018

    » The rise of blockchain technology, quantum computing, artificial intelligence (AI) and digital currencies will completely transform how banks operate in the future, according to William Winters, group chief executive for Standard Chartered Bank.

  • BUSINESS

    Token gestures

    Asia focus, Erich Parpart, Published on 30/04/2018

    » Visa, the world's largest payment network, and archrival Mastercard are championing digital tokens as a new and safer option in Asia, where people under age 30 are the driving force toward rapid adoption of digital payment.

  • BUSINESS

    US politics dent sentiment but energy shares lift set

    Business, Published on 22/05/2017

    » Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.

  • BUSINESS

    Disappointment with Opec accord hits world equities

    Business, Published on 29/05/2017

    » Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

  • BUSINESS

    Managing Supplier Risk in the Global Supply Chain

    Business, Published on 24/03/2017

    » Suppliers and service providers exist to serve the global supply chain, but they may also cause harm through poorly managed risk. This can happen in many ways. For example, if you work for or are in partnership with a US-registered company and a supplier engages in fraud or a third-party sales agent takes a bribe, it can attract huge fines under the US Foreign Corrupt Practices Act.

  • BUSINESS

    Indonesia tracks terrorist funding to Australia

    Asia focus, Published on 11/01/2016

    » Indonesian financial intelligence specialists are lobbying their Southeast Asian counterparts to adopt a stronger regional approach to tracking the flow of terrorism funding, based on an existing cooperation model between Indonesia and Australia.

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