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BUSINESS

G-7 finance chiefs boost Ukraine aid, propose supply chain plan

Bloomberg News, Published on 13/05/2023

» NIIGATA: Group of Seven (G-7) finance chiefs put more aid on the table for Ukraine, set up a new supply chain initiative and vowed to fill regulatory gaps in the banking sector in a show of unity on global geo-economic issues after three days of talks.

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THAILAND

Why buying cannabis in Thailand might get tougher after election

Bloomberg News, Published on 12/05/2023

» The days of easily buying marijuana on the streets of Bangkok or Phuket may soon be over.

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BUSINESS

Central Pattana scouts for acquisitions, lines up more mega projects

Bloomberg News, Published on 09/03/2023

» Central Pattana Pcl is open to acquiring assets that fits well with its strategy of housing retail, residential and office spaces at a single location as the mall developer pushes ahead with a 135 billion baht (US$3.9 billion) expansion.

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BUSINESS

Megaprojects, tourism to propel growth, Arkhom says

Bloomberg News, Published on 28/02/2023

» A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

Southeast Asia factories fire up as China reopens

Bloomberg News, Published on 01/02/2023

» JAKARTA: Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about how China’s re-opening might help offset an otherwise gloomy outlook for the rest of the world.

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WORLD

Putin plans new Ukraine push as he prepares for years of war

Bloomberg News, Published on 27/01/2023

» NEW YORK: Nearly a year into an invasion that was supposed to take weeks, Russia's President Vladimir Putin is preparing a new offensive in Ukraine, at the same time steeling his country for a conflict with the United States and its allies that he expects to last for years.

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BUSINESS

Central bank rates seen peaking soon in SE Asia

Bloomberg News, Published on 13/01/2023

» MANILA: Southeast Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves in the coming months.

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NEWS

Vietnamese EV maker VinFast files for US IPO

Bloomberg News, Published on 07/12/2022

» HANOI: VinFast, an electric carmaker backed by Vietnam’s richest man trying to take on Elon Musk’s Tesla Inc, has filed for an initial public offering in the United States just as it prepares to deliver its first sport utility vehicles (SUVs) to California customers later this month.

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THAILAND

Pheu Thai vows higher wages with elections looming

Bloomberg News, Published on 06/12/2022

» The main opposition Pheu Thai Party has pledged to lift minimum wages and crop prices while slashing energy costs as it kicked off a campaign to end nearly a decade of military-backed rule in elections slated for early next year.

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WORLD

Malaysian king to interview lawmakers to determine new PM

Bloomberg News, Published on 22/11/2022

» Malaysia’s monarch will interview 30 MPs from Barisan Nasional on Wednesday to ascertain whether an ex-prime minister or an opposition leader will become the next prime minister, deepening political uncertainty after an inconclusive vote.