Japan’s Q2 GDP Forecast Slashed to 4.8% Amidst Decline in Private Investment
Japan has revised down its second-quarter GDP forecast to 4.8% from the previously projected 6% following a reduction in private investment. This development raises concerns about the country’s economic growth prospects. The decrease in investment signals a potential slowdown and highlights the need for stimulating measures to boost the Japanese economy. The revision in GDP […]
Facebook takes action against Chinese Anti-Western propaganda by cracking down on fake accounts and pages
Facebook Takes Action Against Fake Accounts and Pages Spreading Chinese Anti-Western Propaganda In a recent development, Facebook has intensified its efforts to combat the proliferation of fake accounts and pages disseminating Chinese anti-Western propaganda. The social media giant has taken a firm stance against this type of misleading content, whose potential repercussions range from damaging […]
Vietnamese Unicorn Startup VNG Makes Historic Entrance on US Stock Market
Vietnamese Unicorn Startup VNG Becomes First Y-Tech Company Listed on US Stock Market Vietnamese technology powerhouse, VNG, has made history by becoming the first Y-tech unicorn startup to be listed on the US stock market. This momentous achievement marks a significant milestone for Vietnam’s booming startup ecosystem and highlights the country’s emergence as a major […]
ADB Proposes Skills Development and Inequality Reduction in Post-COVID Asia-Pacific
ADB Urges Asia-Pacific to Enhance Workforce Skills and Reduce Inequality Post-COVID-19 In the wake of the COVID-19 pandemic, the Asian Development Bank (ADB) is recommending the Asia-Pacific region to prioritize the improvement of workforce skills and address inequality. As countries strive to rebuild their economies, these measures are deemed crucial for promoting sustainable and inclusive […]
China’s Trade Growth with BRICS Nations Reaches 19.1% – Highlights from the Upcoming Summit
Trade between China and BRICS countries grows by 19% in first seven months of 2021 In a significant development, trade between China and the four BRICS countries has witnessed a remarkable surge of 19.1% during the first seven months of this year. The upsurge signals the strengthening economic ties among the member nations. Impending Summit […]
China’s Gold Price Surpasses London Market, Influencing Thai Economy: What You Need to Know
China’s Gold Price Surpasses London Market as Government Controls Imports The price of gold in China is currently higher than the price of gold traded in the London market, a trend that shows no signs of abating. Chinese traders attribute this phenomenon to the Chinese government’s strict control over gold imports, which has effectively limited […]
Confidence of Residential Development Operators in Bangkok Decreases in Second Quarter of 2023
Government Housing Bank Report Shows Decreased Confidence in Bangkok’s Residential Development Market Current Situation Index Reflects Lingering Negativity In the second quarter of 2023, the Government Housing Bank’s real estate information center released a report on the confidence index of residential development business operators in Bangkok and its surrounding areas. The index, known as the […]
Assessing the Growing Impact of El Niño on the Agricultural Sector: Insights from Kasikorn Research Center
Assessing the Impact of El Niño on the Agricultural Sector The Kasikorn Research Center recently analyzed the repercussions of the El Niño phenomenon on the agricultural industry. The alarming findings indicate that the sector could experience a staggering loss of almost 50 billion baht in 2023, with dire consequences likely to continue into 2024. The […]
Saudi Arabia Raises Prices for Crude Oil Exports to Asian Markets Following Production Cut Extension
Saudi Arabia Increases Crude Oil Prices for Asian Markets Rising Demand and Production Cuts Drive Oil Price Surge in August In a move reflective of market dynamics, Saudi Arabia has announced a significant increase in the price of the majority of crude oil being exported to Asian markets. This decision comes after an extension of […]
Chinese Companies Delisted from Stock Market: A Look at the Impact on ASEAN and Asian Stocks
More Chinese Companies Delisted from Stock Market Amidst the implementation of new regulations, a growing number of Chinese companies have been removed from the stock market this year. The adjustment in regulations has greatly impacted initial public offerings (IPO) shares and foreign stocks in both the ASEAN and Asian markets. This significant development not only […]
