Showing 1-10 of 137 results
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World Bank: Myanmar recovery years away
Published on 27/06/2023
» The economy of Myanmar has shown some signs of stabilising in the first half of this year but it is unlikely to recover to pre-Covid levels until 2027 or 2028, according to the World Bank.
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Asia’s gamblers cheer wave of legalisation
Bloomberg News, Published on 14/06/2023
» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.
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The eternal joust over rate hikes
Business, Published on 12/06/2023
» Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.
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Mixed picture for gold
Business, Published on 16/05/2023
» While global gold demand excluding over-the-counter (OTC) was 13% lower year-on-year in the first quarter, a recovery in the OTC market propped up total demand to 1,174 tonnes, a 1% increase compared to the first quarter of 2022, according to the World Gold Council (WGC).
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Gold demand surges amid jitters
Business, Nareerat Wiriyapong, Published on 11/05/2023
» Global demand for gold among investors is growing this year thanks to turmoil in the banking sector, geopolitical tensions and a challenging economic environment, leading more people to flock to the precious metal as a safe-haven asset, says the World Gold Council (WGC).
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Taiwan export orders slump the most since 2009
Published on 20/04/2023
» Taiwan’s export orders in March plunged by the most since the global financial crisis as global demand for semiconductors shows little sign of improving.
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Executives list policy priorities
Business, Post Reporters, Published on 27/02/2023
» The upcoming general election slated for May 7 is sparking speculation on a potential successor to Prime Minister Prayut Chan-o-cha as well as new economic policies that might be promoted by an incoming government.
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China's economy grows at slowest pace in decades
AFP, Published on 17/01/2023
» BEIJING: China's economy grew last year at its slowest pace in four decades as it was hammered by Covid-19 lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.
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Fresh concerns over Covid
Business, Post Reporters, Published on 05/12/2022
» As businesses pin their hopes on a strong recovery in the final month of the year based on lively shopping activity, entertainment events and vibrant tourism, a fresh Omicron outbreak has emerged including a rising death toll, rekindling concerns about the impact on economic sentiment.
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Regional economic outlook mixed
Business, Published on 04/11/2022
» Asia's strong economic rebound early this year is losing momentum, with a weaker than expected second quarter. The International Monetary Fund has cut growth forecasts for Asia and the Pacific to 4% this year and 4.3% next year, which are well below the 5.5% average over the last two decades.
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