Showing 1-10 of 18 results
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Deputy premier hopeful for 2023
Business, Published on 28/10/2022
» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.
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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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FFP was singled out
Oped, Postbag, Published on 14/03/2020
» Re: "It's not just about FFP", (PostBag, March 12). Khun Piya Samyan defends the Constitutional Court dissolving the Future Forward Party, because "it did violate the law regarding acquisition of income". This is about the "rule of law that is equally applied to all". I fully agree with Khun Piya that the law must be applied without fear or favour -- for if not, the government would be weaponising the law to slay its enemies, so to speak.
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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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A shortcut to convenience and cash
Spectrum, Erich Parpart, Published on 25/03/2018
» Pakdee Tanapura, head of the Thai Canal study team at the Thai-Chinese Culture and Economy Association, argued that because of current congestion in the Malacca Strait, the Thai Canal would provide another channel for ships.
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Oil price rout dims equity sentiment in Asia
Business, Published on 26/06/2017
» Recap: Asian stock markets were subdued last week, weighed down by oil prices that have fallen close to a one-year low as Opec-led efforts to reduce a worldwide glut have stalled. The Thai stock market remained rangebound but investors bought energy stocks on Friday, betting that the oil price fall would be limited.
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Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
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Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
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Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.
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