Showing 1 - 10 of 11
Robust and risky Asean
Asia focus, Ismira Lutfia Tisnadibrata, Published on 30/05/2022
» Asian economies are looking ahead with optimism for a recovery in economic growth but with some reservations about the current global dynamics marked by the Russia-Ukraine conflict, rising inflation and commodity prices.
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.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Asean plus 3 pledge further structural reform
Published on 04/05/2015
» BAKU, AZERBAIJAN — Financial chiefs from the Association of Southeast Asian Nations plus Japan, China and South Korea on Sunday agreed on the need to promote structural reforms to remove bottlenecks to sustainable growth and to be vigilant against risks arising from large capital outflows.
US questions Japan on AIIB stance
Published on 10/04/2015
» TOKYO — The United States has questioned Japan about its possible participation in a Chinese initiative to set up a regional development bank from which both allies have stood aloof, sources familiar with bilateral relations said Friday.
China's bank heralds decline of US
News, Published on 24/03/2015
» Some events are epochal. The decision by Great Britain to join the Asian Infrastructure Investment Bank (AIIB) was one such event. It may have heralded the end of the American century and the arrival of the Asian century.
AIIB to complement existing institutions: China
Published on 22/03/2015
» BEIJING - China's finance minister said a proposed Chinese-led Asian regional bank that has raised concerns in Washington will complement rather than compete with established international lenders such as the World Bank, state media reported Saturday.
High speed rail coming to Laos
Jon Fernquest, Published on 11/04/2013
» Paying for high speed rail through Laos to China will take 80% of the Laos national budget but China govt banks will help with loans.
Economic bubble to burst by year's end?
Jon Fernquest, Published on 19/03/2013
» Hot money inflows from foreign investors have created bubbles in stock & bond markets. Bubble burst by end of the year a real risk, says Virabongsa Ramangkura.