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BUSINESS

Behind the boom

Asia focus, Tanyatorn Tongwaranan, Published on 09/02/2015

» 'Mingalaba!" hollered the 29-year-old Burmese tour guide standing in the front of the small bus packed with Thai tourists. He was wearing the traditional attire — a buttoned-up long-sleeved jacket, checked-pattern longyi and a pair of flip-flops — as he led the group through Yangon.

BUSINESS

Selling for less

Asia focus, Tanyatorn Tongwaranan, Published on 09/02/2015

» The broad-based weakness in key commodity prices will extend throughout this year as the modest recovery in oil prices, ample supplies, weak demand, and the strengthening US dollar all exert further downward pressure. Industrial and agricultural commodity prices have been on a downward trend for three years and are expected to decline further throughout 2015 before a modest turnaround in 2016.