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Search Result for “flood”

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BUSINESS

Thailand’s deflation streak and deadly floods pile pressure on rate cut

Bloomberg News, Published on 03/12/2025

» Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year.

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WORLD

Record Vietnam rains kill nine, forcing thousands to evacuate

Bloomberg News, Published on 29/10/2025

» HANOI — Widespread flooding across central Vietnam has killed nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather.

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BUSINESS

Philippine peso falls to new record low

Bloomberg News, Published on 28/10/2025

» MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.

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BUSINESS

Typhoons lift Philippines’ jobless rate to three-year high

Bloomberg News, Published on 10/09/2025

» MANILA — A string of typhoons and monsoon rains pushed the Philippines’ jobless rate to a three-year high, highlighting the economic impact of climate change to the Southeast Asian nation that is prone to tropical cyclones.

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BUSINESS

Chinese exports flood Southeast Asia on US tariffs

Bloomberg News, Published on 11/06/2025

» JAKARTA — Vietnam, Thailand and Indonesia are among Asian countries seeing the sharpest surge in Chinese imports as higher US tariffs upend regional trade, according to Citigroup Incorporated.

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BUSINESS

Thailand finalises US trade strategy ahead of talks next week

Bloomberg News, Published on 14/04/2025

» Thailand aims to hold talks with Trump administration officials next week to secure relief from a planned 36% reciprocal tariff on its goods, with officials finalising a set of proposals including to cut its US$46 billion trade surplus with the United States.

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WORLD

Philippines approves purchase of 40 patrol boats amid China spat

Bloomberg News, Published on 06/11/2024

» MANILA — The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos (US$441 million), seeking to bolster maritime security as tensions with Beijing in the South China Sea linger.

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WORLD

Philippine Air cuts China flights amid weak demand, tensions

Bloomberg News, Published on 01/10/2024

» MANILA - Philippine Airlines Inc is cutting back flights to China, becoming the latest carrier to reduce traffic amid weak travel demand and fraying relations between Beijing and Manila.

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BUSINESS

Thailand risks credit rating downgrade, opposition warns

Bloomberg News, Published on 26/09/2024

» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.

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BUSINESS

Baht’s biggest rally since 1998 threatens tourism, exports

Bloomberg News, Published on 20/09/2024

» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.