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  • 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.

  • THAILAND

    We must stay united, says PM

    News, Published on 07/08/2020

    » Stability is the key to driving Thailand's economy to rebound, and unity and cooperation from Thais are needed to revive the country in the face of the economic fall due to the Covid-19-crisis, Prime Minister Prayut Chan-o-cha said on Thursday.

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