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Search Result for “foreign exchange”

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OPINION

Time to tone down Taiwan tensions

Asia focus, Nareerat Wiriyapong, Published on 08/08/2022

» It was a picture-perfect shot, really. That was my thought when I saw US House Speaker Nancy Pelosi standing side by side with Taiwanese President Tsai Ing-wen in Taipei last Wednesday. But the one-day visit to the self-ruled island by the 82-year-old American politician has created no end of tension, not only for the US and China but also many of their allies across the Asia Pacific region.

BUSINESS

Sri Lanka syndrome: Is Bangladesh out of danger?

Asia focus, Kamal Uddin Mazumder, Published on 08/08/2022

» With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.

BUSINESS

Delayed Rohingya repatriation becoming a regional crisis

Asia focus, Abantika Kumari, Published on 08/08/2022

» The future of the Rohingya people is not only a Bangladeshi issue, it is now a global issue. Bangladesh has been seeking the cooperation of regional countries and the United Nations to repatriate hundreds of thousands of Rohingya since they were first driven from Myanmar in 2017. But the results have not materialised, and the security risk is growing.

OPINION

Myanmar's twin crises loom

Asia focus, Nareerat Wiriyapong, Published on 01/08/2022

» While the rest of the world continues to be preoccupied by Covid-19 and fallout from Russia-Ukraine war, the downward spiral of Myanmar continues. A once-promising frontier market risks slipping into a Sri Lanka-like economic crisis, exacerbating the humanitarian crisis created by the cruelty of its military junta.

BUSINESS

Why Bangladesh won't face a Sri Lanka-style crisis

Asia focus, John Rozario, Published on 01/08/2022

» The economic and political disaster in Sri Lanka has been a hot topic in recent months, with commentators looking around for signs of similar trouble in other emerging market economies.

BUSINESS

Chinese perceptions of the US role in Asia

Asia focus, Vun Phanith, Published on 25/07/2022

» China must exert and strengthen its sphere of influence in Asia to win against the United States on the battlefield of a complex and changing geopolitical landscape, and ally with Asean states to maintain Beijing's status quo.

OPINION

Japan's crucial moments after Abe murder

Asia focus, Nareerat Wiriyapong, Published on 18/07/2022

» It was a bullet that some people said would change Japan forever, and it certainly had people outside taking a closer look at the world's third largest economy. For me, hearing the news that Shinzo Abe had been shot on July 8 was a shock similar to the events of Sept 11, 2001, which most people agree changed the world.

BUSINESS

Collaboration for the climate

Asia focus, Ismira Lutfia Tisnadibrata, Published on 18/07/2022

» A commitment to cooperation between countries in Southeast Asia remains the key to tackling climate change as its impact continues to take a greater toll on the region's economy and people, say experts.

BUSINESS

How realistic are China's semiconductor ambitions?

Asia focus, Keun Lee, Published on 18/07/2022

» When US President Joe Biden landed in South Korea last month, he headed straight for Samsung's massive semiconductor factory outside Seoul. There, he met with South Korean President Yoon Suk-yeol and Samsung Electronics vice-chairman Lee Jae-yong, and praised the construction of a US$17-billion Samsung semiconductor factory in Texas. The economic and strategic importance of semiconductors could not have been made any clearer.

BUSINESS

Financial transformation

Asia focus, Pattama Kuentak, Published on 04/07/2022

» The financial sector is on the cusp of yet another transformation. Customers emerging from Covid-19 are demanding new and better sets of services to meet their new consumption patterns, be it how they shop, eat, work or transfer money. It's a dramatic shift that is compelling banks to transform or risk being left behind.