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BUSINESS

Restarting tourism, recharging life

Asia focus, Published on 03/01/2022

» November 1 was the official start of Thailand's open-border policy to once again welcome tourists on a large scale. The success of domestic vaccinations against the coronavirus was one factor that helped make the reopening possible, with about 69% of the population now having received at least two doses.

BUSINESS

Not so festive, no-travel New Year

Asia focus, Nareerat Wiriyapong, Published on 10/01/2022

» Welcome back to the real world. We may have just finished our countdown to New Year 2022 but it seems the bad dream from 2021 continues to haunt us.

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BUSINESS

Where To Next?

Asia focus, Pattama Kuentak, Published on 10/01/2022

» The world has entered its third year of living with a global pandemic. We have witnessed almost 300 million Covid-19 cases with 5.47 million lives lost, yet the toll might have been much worse but for an almost superhuman global effort to develop effective vaccines in record time.

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BUSINESS

Trading up

Asia focus, Published on 10/01/2022

» Ravaged by the fallout from Covid-19, countries in Asia and the Pacific are hoping to revitalise their pandemic-hit economies as the Regional Comprehensive Economic Partnership (RCEP) takes effect to create the world's largest trade bloc.

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BUSINESS

Pakistan a hub for South-Central Asian integration

Asia focus, Published on 10/01/2022

» Kyrgyzstan has become the latest country to formally express its desire to join the multi-billion-dollar China–Pakistan Economic Corridor (CPEC) linking Western China with the Pakistani deep seaport of Gwadar at the mouth of Strait of Hormuz in the Persian Gulf.

BUSINESS

Speaking up about forced labour

Asia focus, Nareerat Wiriyapong, Published on 20/12/2021

» In a move that could further sour relations between the world's two largest economies, the US Congress last week agreed on legislation aimed at punishing China for the alleged oppression of Uighur Muslims.

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BUSINESS

Born to ride

Asia focus, Pattama Kuentak, Published on 20/12/2021

» One side of the room where I met Vimal Sumbly offered floor-to-ceiling windows overlooking Bangkok's skyline, but it was what was on the opposite side that perfectly captured the adventurous spirit of the man who heads the Asia-Pacific business of the India-based motorcycle manufacturer Royal Enfield.

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BUSINESS

Asean-India relationship deepens

Asia focus, Published on 20/12/2021

» Next year marks the 30th anniversary of bilateral relations between Asean and India, and has been declared "Asean-India Friendship Year".

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BUSINESS

Unlocking potential in South Asia

Asia focus, Apiradee Treerutkuarkul, Published on 20/12/2021

» South Asia, home to nearly two billion people, has been among the fastest-growing regions in the world over the past decade. Yet intraregional trade is well below expected levels, suggesting that regional spillover from the growth of some individual countries has been limited.

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BUSINESS

Year of Turbulence

Asia focus, Published on 27/12/2021

» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.