Showing 1 - 10 of 20
Central bank not ruling out further easing
Reuters, Published on 06/07/2020
» The central bank has not shut the door to further monetary policy easing, a deputy governor said, after cutting the key rate three times this year to a record low of 0.5% to support an economy badly hit by the coronavirus outbreak.
Tourists entering South Korea less than cabin crew amid virus risks
Published on 06/07/2020
» Tourists remain rare in South Korea with international arrivals via air and sea hovering below the number of cabin crew.
Philippine stocks buck Asia rally as new infections spike
Published on 06/07/2020
» The Philippine stock market failed to join a broader regional rally led by a surge in Chinese shares on Monday, as a spike in new coronavirus cases in the Southeast Asian country stoked fears of fresh economic restrictions.
IBM banking on cloud, AI to drive digital transformation
Business, Suchit Leesa-nguansuk, Published on 06/07/2020
» IBM Thailand, the local unit of the US tech giant, is highlighting its cloud and artificial intelligence (AI) technologies as a way to help drive business transformation to ensure organisations thrive following the Covid-19 crisis.
China's economic crossroads
Asia focus, Published on 06/07/2020
» Back in 2013, the Chinese government laid out a policy agenda that promised real reforms to an economy laden with debt and distorted by the influence of the country's large state-owned enterprise (SOE) sector. But instead of seeing that agenda through, China chose to dodge the risks entailed in pursuing a market economy, and has since reverted to what it knows best: state control over the economy and the semblance of stability that comes with it.
Robots to the rescue
Business, Suchit Leesa-nguansuk, Published on 06/07/2020
» Driven by the coronavirus pandemic, service robots are gathering steam among medical, retail and eatery sectors as a way to address social distancing measures.
The Internet of Bodies
Asia focus, Suwatchai Songwanich, Published on 06/07/2020
» Surveilling people's health data via wearable devices has gained momentum with contact and health tracking during the coronavirus outbreak.
Ratch giving Teco to Hin Kong Power
Business, Yuthana Praiwan, Published on 06/07/2020
» Ratch Group has announced a plan to decommission the wholly owned Tri Energy (Teco), a 20-year-old operator of a combined-cycle power plant, after its power purchase agreement (PPA) with Electricity Generating Authority of Thailand (Egat) expired on June 23.
NESDC looks to B400bn budget
Business, Chatrudee Theparat, Published on 06/07/2020
» The government's think tank, the National Economic and Social Development Council (NESDC), insists the 400-billion-baht budget earmarked for economic and social rehabilitation under the government's 1.9-trillion-baht coronavirus relief measure will be instrumental in stopping the economy from plunging more than 5-6% this year.
Trading up
Asia focus, Nareerat Wiriyapong, Published on 06/07/2020
» The Covid-19 pandemic has set off a wave of destruction in the global economy and it could be years before full health is restored. Global merchandise trade could fall by as much as 32% this year under the worst-case scenario outlined by the World Trade Organization (WTO) in April.