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BUSINESS

Asia-Pacific GDP forecast to grow 3.1% in 2023

Business, Sirinnaree Ongsakul, Published on 03/03/2023

» The Asia-Pacific region's economy is projected to expand 3.1% this year before dropping to 2.9% growth in 2024 as downside risks continue to pressure recovery, according to an analysis from an Asia-Pacific Economic Cooperation (Apec) research unit.

BUSINESS

Asset managers turn to M&A

Business, Sirinnaree Ongsakul, Published on 08/03/2023

» Wealth and asset management companies plan to use mergers and acquisitions (M&A) in both scale and scope this year to seize opportunities as the sector anticipates growth opportunities worth US$250 billion by 2030, a recent study found.

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BUSINESS

Most executives eager to prioritise ESG

Business, Sirinnaree Ongsakul, Published on 24/02/2023

» Executives across the world increasingly see corporate governance as key to creating trust with shareholders, with 61% planning to prioritise environmental, social and governance (ESG) strategies within three years, a recent study found.

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BUSINESS

Allianz Ayudhya eyes 10% premium gain

Business, Sirinnaree Ongsakul, Published on 25/02/2023

» Life insurance firm Allianz Ayudhya Assurance is aiming for 10% growth of gross written premiums (GWP) this year after posting 34.3 billion baht in 2022 amid challenging headwinds.

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BUSINESS

Study finds Thai women eager to enhance job skills

Business, Sirinnaree Ongsakul, Published on 27/02/2023

» Nearly half of Thai women age 35 and older showed the strongest motivation towards entrepreneurship, as the majority of the female workforce across Southeast Asia is interested in taking additional courses to develop their skills, a recent study showed.

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BUSINESS

Exporters fear costs of EU carbon scheme

Business, Sirinnaree Ongsakul, Published on 28/02/2023

» Asian exports could potentially face a higher cost burden as the EU is preparing to launch a new regulation pertaining to imported carbon-intensive commodities later this year, experts say.

BUSINESS

Sustainability retains resonance for Thai firms

Business, Sirinnaree Ongsakul, Published on 24/02/2023

» Sustainability will remain a key trend for fundraising in Thailand, prompting companies to increasingly integrate environmental, social and corporate governance (ESG) considerations into their strategies, says international law firm Baker McKenzie.

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BUSINESS

Thai bourses post highest regional IPO value in 2022

Business, Sirinnaree Ongsakul, Published on 14/02/2023

» More than US$3 billion was raised from initial public offerings (IPOs) on Thailand's bourses in 2022, the highest IPO value in Southeast Asia as regional fundraising dropped by nearly half from the previous year, according to a new study.

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BUSINESS

Singapore a top draw for East Asian expats

Business, Sirinnaree Ongsakul, Published on 20/02/2023

» For expatriates from East Asia looking for a place to live, Singapore was their top choice in 2022.

BUSINESS

Firms persist with M&A to expand

Business, Sirinnaree Ongsakul, Published on 06/02/2023

» Mergers and acquisitions (M&A) will remain a key strategy for companies globally to expand markets and value chains amid increasing turbulence, according to a new report.