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As Covid-19 Batters Thailand’s Economy, Even Pawnshops Are Running Out of...

From his dusty Bangkok pawnshop, where gold deposits are still recorded in heavy wooden ledgers, Danai Tangvatanangkoon has had a ringside seat to decades...

Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...

Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...

After Acquiring Gojek’s Thai Operations, Can An AirAsia Superapp Soar In...

Low-cost carrier AirAsia has stepped up its digital ambitions by acquiring tech behemoth Gojek’s operations in Thailand, but industry watchers say the airline faces...

ASEAN Markets Offer Huge Opportunities For European Firms

Vietnam, Malaysia and Thailand are the most attractive expansion destinations for European corporates, according to a recent survey conducted by Standard Chartered Bank. The survey said 88...

Malaysia’s AirAsia to buy Gojek’s Thailand business for $50 million

Malaysian budget airline AirAsia Group said its digital units have acquired two Thai technology businesses from Indonesian ride-hailing and payments firm Gojek for $50...

Asian Equities See Foreign Outflows In June As Virus Woes Weigh

Foreigners turned net sellers of Asian equities in June for a second consecutive month, as growing inflationary pressure and a spike in coronavirus cases...

Coronavirus Pandemic Pushes Millions Of Small Thailand Businesses Into Crisis

Many small and medium-sized enterprises, the backbone of Thailand's economy, are struggling with crushing debt loads that could force them out of business as the...

Southeast Asia Faces Long Road Back to Previous Growth: Survey

The prolonged Covid-19 pandemic is clouding economic projections for Southeast Asia, with most countries not expected to return to pre-pandemic growth levels for several...

Southeast Asia’s attempts at replicating Singles’ Day sales drive shopping boom

Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s retailers are seeking to...

Emerging Asia Faces Capital Outflow Risk As U.S. Fed Signals Rate...

Capital has started to pour out of Asian emerging markets as coronavirus outbreaks slow the region's economic recovery while investors price in the likelihood...

Philippines Tops Asian Forecasts For Lower GDP, Faster Inflation

Philippine inflation may remain above 4% this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic. Economists have raised...

Thai Cabinet approves $4.5 billion stimulus package amid new Covid-19 outbreak

Thailand's government approved a set of economic stimulus measures worth 140 billion baht (US$4.5 billion) to counter the impact from the nation's biggest coronavirus...

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