Showing 1 - 6 of 6
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).
Monorail ushers in hope
News, Published on 07/06/2020
» If anyone has visited Charoen Nakhon area in Thon Buri area recently, they might be surprised by the bumper-to-bumper traffic -- a situation rarely seen elsewhere during the Covid-19 pandemic. The congestion has been caused by the construction of the country's first monorail known as the Gold Line.
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.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
Envoy: Philippines still open for business
Business, Nopporn Wong-Anan, Published on 03/09/2016
» MANILA - Despite its controversial and deadly drug war, the Philippines under the leadership of President Rodrigo Duterte maintains a business-friendly approach and offers vast opportunities for investors, says the Thai envoy to the Philippines.
Wave of investment money likely heading towards Asia and Thailand from US
Jon Fernquest, Published on 28/10/2010
» The US is deeply mired in a sluggish economy with high levels of unemployment. US policy to get its economy moving again may affect Asia.