• BUSINESS

  The impact of artificial intelligence on humans

  Published on 02/12/2019

  » From Siri, the virtual assistant in Apple mobile devices, to self-driving cars, artificial intelligence (AI) is progressing rapidly, outperforming humans at some tasks. As with the majority of the changes happening globally, there will be positive and negative impacts as AI continues to shape the world we live in. Every single one of us will have to reckon with our ability to balance the human way of life and the transition to the AI cosmos.

• BUSINESS

  Missing the big picture on poverty reduction

  Asia focus, Published on 02/12/2019

  » This year's Nobel Memorial Prize in Economic Sciences was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their experimental approach to poverty reduction. The Nobel Committee said their use of randomised controlled trials (RCTs), a method adapted from medical research, to test whether specific interventions work has "considerably improved our ability to fight global poverty".

• BUSINESS

  Future still bright for China's book industry

  Asia focus, Suwatchai Songwanich, Published on 02/12/2019

  » Reading remains a favourite pastime for people of all ages around the world, including in China. The country's book industry has recorded strong growth over the past few years, with sales value rising by almost 11% in the first half of this year, according to a report by Open Book, a Beijing-based research firm.

• BUSINESS

  Global first

  Asia focus, Nareerat Wiriyapong, Published on 02/12/2019

  » In 1990, King's College law student Milton Cheng joined Baker McKenzie in London, believing that the international law firm was the only one in those days that had a clear plan to invest in Asian talent.

• BUSINESS

  Data dilemma

  Asia focus, Erich Parpart, Published on 02/12/2019

  » In the digital world, data is king. Businesses now understand that in order to stay relevant and ahead of competitors, they need data to know more about their customers. The more you know, the more products and services you can sell in a more personalised way, which is what buyers want.

• BUSINESS

  TAT curries favour with Indian market

  Business, Dusida Worrachaddejchai, Published on 02/12/2019

  » Despite the global economic slowdown, tourism from India continues to expand at a strong pace as Thailand remains a popular destination for vacations and weddings.

• BUSINESS

  Life in the low-code cloud

  Asia focus, Published on 02/12/2019

  » Zoho Corporation, a comprehensive IT management software provider, is gearing up to serve the vibrant startup community and digital transformation trends in Southeast Asia where different countries are at different stages of development. It is doing this by helping companies and developers make mobile and web applications with low-code platforms.

• BUSINESS

  Nudging buyers off the fence with perks

  Business, Kanana Katharangsiporn, Published on 02/12/2019

  » The government's latest property stimulus measures, including a 50,000-baht cash rebate green-lighted last Tuesday by the cabinet, could help accelerate the decision-making of some hesitant homebuyers. But they are likely to yield little effect on the broader market while key problems remain unsettled, property experts say.

• BUSINESS

  Households struggling with medical bills

  Business, Phusadee Arunmas, Published on 02/12/2019

  » The government is being urged to spend more on public welfare and rev up stimulus plans after a university study found that Thais are borrowing more to pay medical bills and owe an average of 14,600 baht per household.

• BUSINESS

  Baht concerns abound

  Business, Published on 02/12/2019

  » More than two decades ago, the baht suffered heavy devaluation as a result of speculation, forcing Thailand's central bank to de-link the local currency from the US dollar and adopt a managed floating exchange rate.

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