Tag Archive | "crisis"

Does everyone really think that China is heading for crisis?

Headlines in business newspapers have never been short of bad news from China. Be it weak economic data, worrying signs of financial risks, or an unexpected fall in the renminbi, it seems there is a consensus among business journalists that China is on the verge of collapse. Full News here – NationMultimedia.com – Business

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EC’s Somchai says court ruling will not end political crisis

Somchai Srisutthiyakorn, the election commissioner in charge of holding the election, says the Constitutional Court’s ruling on Friday on the February 2 election is unlikely to end the political crisis. Full News here – NationMultimedia.com –

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NPL rise may point to economic crisis

The Fiscal Policy Office believes that if non-performing loans (NPLs) in the banking industry continue on an upward trend, mainly as a result of the prolonged political turbulence, the country could find itself facing an economic crisis. Full News here – NationMultimedia.com – Business

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A coup is not an acceptable way to end crisis: US

The United States warned on Monday that a military coup or force was not an acceptable way to end the political crisis in Thailand. Full News here – NationMultimedia.com – Politics

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‘Long-term outlook not hurt by crisis’

If you see Karl-Heinz Heckhausen, president of the German-Thai Chamber of Commerce, visiting Suvarnabhumi Airport more often these days, don’t be surprised. Full News here – NationMultimedia.com – Business

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Thai govt declares state of emergency as political crisis deepens

Chalerm Yubamrung announced the State of Emergency on Tuesday. Pic: AP. The political standoff took a new twist Tuesday when the Thai government’s declared state of emergency to counter the ongoing anti-election protests. With additional developments in the background, the wheels in this political crisis are about to spin faster. With the mass anti-election protesters’ […]

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protest souvenirs

Crisis Breeds Opportunity

It has been more than 70 days since anti-government rallies started to crowd Bangkok, escalating to a shutdown peak on Monday. While opinions differ about whether the protests are a good idea, they have undoubtedly had a diverse effect on some businesses. Bangkok Post Consumer spending will shrink by 5-10 billion baht during the protests […]

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Thailand starting to lag behind its neighbours’ as crisis takes hold

Before today’s “Bangkok shutdown” by anti-government forces, The Nation’s Petchanet Pratruangkrai talked with Stanley Kang, chairman of the Joint Foreign Chambers of Commerce in Thailand, about foreign investors’ views on the crisis and how they would like the country to move on. He warned that the conflict had made Thailand less attractive to investors, and […]

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Medical workers split on political crisis

Several groups of medical workers are planning to gather outside the Public Health Ministry tomorrow before they join the People’s Democratic Reform Committee’s “Bangkok shutdown” rally at the Ha Yaek Lat Prao intersection, one of seven main protest sites designated by the PDRC. Full News here – NationMultimedia.com – Politics

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An Asian tourist buys garlands from a vendor

PM worried about impact of crisis on tourism sector

Prime Minister Yingluck Shinawatra is concerned about the adverse impact of the current political crisis on the tourism sector, which is expected to suffer losses of Bt18 billion in January with visitor numbers estimated at 2.1 million in the month, short of the 2.5 million target, according to the Tourism Council of Thailand (TCT). The […]

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Thanong on the political crisis

BP’s long-time favorite op-ed columnist in The Nation opines on the current political situation: The weeks leading up to New Year saw rumours of a military coup. In Thailand, rumours are almost always proved true. It was planned to help the government, not the Suthep-led uprising. The stakes are high. If the Yingluck government were […]

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Spotlight on foreign media coverage of Bangkok’s crisis

New York Times writer and BBC man criticised for recent reports Full News here – NationMultimedia.com – Politics

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Political crisis, risk of QE tapering cloud bourse

Our near-term caution on Thai equities remains. The political crisis and the formal indictment for murder against former prime minister Abhisit Vejjajiva continue to sour investor sentiment. Full News here – NationMultimedia.com – Business

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Taiwanese animation on Yingluck and Thai political crisis

The folks at Next Media Animation* have passed long their latest animation: BP: Not sure that completely accurate, but amusing nonetheless and it is probably how view the situation in Thailand… *Who have per Wikipedia: The studio became well-known beyond its Chinese-language audience in 2010, when it covered the revelations of Tiger Woods’ extramarital affairs […]

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Political crisis shows Kingdom badly needs reforms

Though the political situation appears to have eased somewhat, the actual conflict remains unsettled. Fortunately, the point where confrontation could lead to violence has passed. Full News here – NationMultimedia.com – Politics

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