Showing 21 - 30 of 75
MGC-Asia bullish on revenue outlook
Business, Sirinnaree Ongsakul, Published on 27/04/2023
» Car dealer Millennium Group Corporation (MGC-Asia) is aiming for double-digit growth in revenue this year thanks to a significant recovery in the automotive industry, with plans to invest more in the electric vehicle (EV) segment.
Region's state debt reaches 18-year high
Business, Sirinnaree Ongsakul, Published on 18/04/2023
» The average government debt level in Asia-Pacific is at an 18-year high, with most developing economies in the region trying to stabilise it at current levels by 2027, according to recent research.
Southeast Asia struggles to hit ESG goals
Business, Sirinnaree Ongsakul, Published on 19/04/2023
» Most Southeast Asian nations face risks to their environmental, social and governance (ESG) performance as the aftermath of the pandemic slows the process, according to a recent report.
Wice aims to raise funds for subsidiary via MAI listing
Business, Sirinnaree Ongsakul, Published on 20/04/2023
» SET-listed Wice Logistics is preparing to list subsidiary Euroasia Total Logistics (ETL) on the Market for Alternative Investment (MAI) to raise funds to expand its cross-border logistics business between Europe and Asia.
Asia-Pacific companies lagging on ESG
Business, Sirinnaree Ongsakul, Published on 21/04/2023
» Less than 30% of companies in Asia-Pacific incorporate environmental, social and governance (ESG) factors into their goals and key performance indicators, even though more than half of them claim the issue is critical to their long-term success, according to a recent survey.
BVG partners with Cambodian firm
Business, Sirinnaree Ongsakul, Published on 12/04/2023
» Blue Venture Group (BVG), Thailand's leading insurance platform provider, is partnering with a Cambodian reinsurance firm to launch an insurtech joint venture expected to start operating in the second half of this year.
OECD predicts SE Asian growth to decline
Business, Sirinnaree Ongsakul, Published on 10/04/2023
» Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).
'Downside risks' for Asean+3
Business, Sirinnaree Ongsakul, Published on 11/04/2023
» Soaring energy prices and a stalling US economy have emerged as potential downside risks that could dampen growth in Asean+3 economies, according to the Singapore-based Asean+3 Macroeconomic Research Office (Amro).
Corporate bonds hike in value
Business, Sirinnaree Ongsakul, Published on 06/04/2023
» The value of long-term Thai corporate bonds rose 1.6% year-on-year to 270 billion baht in the first quarter of 2023, following a continued recovery of the economy, according to a Thai Bond Market Association (Thai BMA) release on Wednesday.
Region told to rev up decarbonisation
Business, Sirinnaree Ongsakul, Published on 07/04/2023
» Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).