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BUSINESS

TBMA confirms foreign inflows for speculation

Business, Nuntawun Polkuamdee, Published on 24/01/2018

» Year-to-date foreign fund inflows to the Thai bond market amount to 79 billion baht, with half the sum investing in short-term bonds to speculate on baht appreciation, says the Thai Bond Market Association (TBMA).

BUSINESS

Philippine economic growth fuels talk of rate hikes

Published on 23/01/2018

» The Philippines retained its position as one of the world’s fastest-growing economies with growth of more than 6% for a sixth consecutive year, fuelling calls for the central bank to start raising interest rates to keep inflation under control.

OPINION

Crypto markets aren't all the same

News, Leonid Bershidsky, Published on 23/01/2018

» There's a compelling reason to consider what's going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: Over a three-month period, the prices of all the top coins and tokens are rather strongly correlated, going up and down in unison. What does that make them if not the 21st-century incarnation of tulip bulbs?

BUSINESS

Fear of fallout over baht's rise

Business, Published on 22/01/2018

» The baht's continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise.

BUSINESS

Hang Seng rise makes Hong Kong's richest even richer

Asia focus, Published on 22/01/2018

» The collective wealth of Hong Kong's 50 richest people has soared by a record US$60 billion to $307 billion, led by Li Ka-shing for the 20th consecutive year. The real estate tycoon added $5.7 billion to his wealth, raising his total fortune to $36 billion, Forbes magazine reported last week.

OPINION

Time to lay inequality debate to rest

News, Jason Furman, Published on 22/01/2018

» The belief that inequality hurts economic growth is gaining currency among policymakers. Some argue forcefully that high levels of inequality can make sustained growth impossible, and may even contribute to recessions. This view stands in stark contrast to the traditional view that there is a trade-off between equality and growth, and that greater inequality is a price that must be paid for higher output.

THAILAND

Winners

News, Published on 21/01/2018

» Economy

BUSINESS

Bitcoin use on Bali probed

Published on 19/01/2018

» KUTA, Indonesia: Authorities are investigating the use of bitcoin on the Indonesian holiday island of Bali, amid warnings by the central bank about the risks posed by virtual currencies.

BUSINESS

Boston Market underscores CPF growth

Business, Published on 19/01/2018

» Charoen Pokphand Group (CPG) plans to expand its frozen food business in Asia by synergising its flagship food firm Charoen Pokphand Foods Plc (CPF) and CPF's wholly owned subsidiary, Bellisio Foods Inc.

BUSINESS

SET seeks clarity on ICOs

Business, Pathom Sangwongwanich, Published on 19/01/2018

» The Stock Exchange of Thailand is waiting for greater clarity on initial coin offering (ICO) regulations, but the SET admits that such digital crowdfunding could be considered as a security if it falls into an exchangeable criteria.