Thailand


Asian markets soar as epidemic rages on in the West 

Asian markets soar as epidemic rages on in the West 

(ATF) With the pandemic resurgent in Western countries, investment funds have poured into countries that have better contained Covid-19, Sina Finance has reported.The Korea Composite Stock Index Kospi is one of the world's best-performing stock indexes in 2021. The benchmark index of the Chinese stock market is close to a …

Continue reading

Thai economy set to lose $10 billion as Covid returns 

Thai economy set to lose $10 billion as Covid returns 

Thailand's economy could lose as much as 300 billion baht ($10 billion) in the first quarter after its largest coronavirus outbreak saw consumer mood sink to a five-month low in December.The country’s consumer confidence index dropped for the first time in three months to 50.1 in December – when the …

Continue reading

Mitsubishi’s 'electrification push’ to focus on hybrids in South-east Asia 

Mitsubishi’s 'electrification push’ to focus on hybrids in South-east Asia 

Japan's Mitsubishi Motors Corp sees hybrid models in Southeast Asia as a key part of its electrification strategy to stay competitive in the region, Chief Executive Takao Kato has announced. While some South-east Asian governments are trying to promote full battery electric vehicles (EVs) as a way to cut CO2 …

Continue reading

The great rotation: Is 2021 the year for ASEAN and India to shine?  

The great rotation: Is 2021 the year for ASEAN and India to shine?  

(ATF) As a region, Asia has done well in dealing with Covid-19 relative to the rest of the world. But not everyone is looking at the 2020 rearview mirror with a self-congratulatory pat in the back: Vietnam, China and North Asia did decidedly better than India and ASEAN economies (excluding …

Continue reading

Rethinking Asian tourism for the pandemic era

Rethinking Asian tourism for the pandemic era

(ATF) From a “staycation” in a five-star hotel to a “flycation” with views of Victoria Harbour, Hong Kong’s tourism industry is getting creative with ideas to generate business from potential local customers who have been unable to travel due to the coronavirus pandemic."We have a better environment and more social …

Continue reading

Many central banks looking at digital currencies

Central banks develop digital currencies 

(ATF) The coronavirus has accelerated the world’s move away from cash. Now central banks are considering developing digital versions of the notes and coins in our wallets. Sweden and mainland China could well launch CBDCs – central bank digital currencies – during 2021.These are not cryptocurrencies or units used in …

Continue reading