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WORLD

Philippine boxer Pacquiao announces bid for presidency in 2022

Bloomberg News, Published on 19/09/2021

» Philippine boxer and Senator Manny Pacquiao has announced his candidacy for next year’s presidential elections, presenting a potential obstacle to President Rodrigo Duterte’s succession plans as the race for the top post takes shape.

BUSINESS

Legalisation of kratom spurs rush of online sales

Bloomberg News, Published on 12/09/2021

» Entrepreneur Sittichai Komam didn’t waste time once the government in late August decriminalised kratom, a coffee-like plant native to Southeast Asia that can give users a mild high.

BUSINESS

Siam Makro surges on B218bn deal to control Lotus stores

Bloomberg News, Published on 01/09/2021

» Siam Makro Plc surged as much as 24% after Thailand’s biggest operator of cash-and-carry stores announced a plan worth about 218 billion to take control of retailer Lotus from other affiliates of the Charoen Pokphand Group.

BUSINESS

Slumping Asian currencies face more risk from slowdown in China

Bloomberg News, Published on 30/08/2021

» From Covid risks to talk of a reduction in US stimulus, there’s been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure.

BUSINESS

China using Thai solar plant to circumvent US sanctions - group

Bloomberg News, Published on 17/08/2021

» Attorneys advising a group of U.S. solar manufacturers said it filed petitions requesting federal investigations into Chinese firms circumventing tariffs by manufacturing in other countries including Malaysia, Vietnam and Thailand.

BUSINESS

You eat meat from factory farms. Why not a lab?

Bloomberg News, Published on 09/08/2021

» Soaring beef prices, a new E. coli recall, and a recent swine fever outbreak have added to a growing pile of evidence that the grossly over-consolidated meat industry is in need of a new model. This piece of our global food supply must be reformed – and thoroughly reimagined – before it becomes any more unreliable or environmentally costly.

BUSINESS

Bitcoin surges amid short covering, speculation over Amazon plan

Bloomberg News, Published on 26/07/2021

» Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc’s potential involvement in the cryptocurrency sector.

WORLD

Jeff Bezos blast off on rocket in flight to space

Bloomberg News, Published on 20/07/2021

» Amazon.com Inc founder Jeff Bezos and three others landed after Blue Origin’s first flight to space with passengers aboard, a key milestone in the company’s effort to make space tourism viable.

BUSINESS

Singapore dollar’s haven appeal rises in region ravaged by Covid

Bloomberg News, Published on 19/07/2021

» The Singapore dollar is poised to outperform its Southeast Asian peers as a higher vaccination rate and rising core inflation may spur its central bank to start tightening policy sooner than its regional counterparts.

THAILAND

Thailand ready to tackle outbreak from reopening - minister

Bloomberg News, Published on 29/06/2021

» Thailand will limit the movement of foreign tourists to smaller islands that it’s initially throwing open to vaccinated foreign visitors in the event of a flareup in local coronavirus infections, a minister said.