Tag Archive | "crisis"

Election crisis and war casualties add to Afghan woes

Election crisis and war casualties add to Afghan woes Fighting in Afghanistan is spreading into populated areas, exacting a record toll on civilians, the UN warned Wednesday, as presidential candidates called on supporters not to escalate tensions after the disputed election result. An Afghan policeman … Full News here – Read more on Bangkok Post

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A time of crisis is ideal for media to consider reforms

One of the first issues junta chief General Prayuth Chan-ocha raised in his weekly TV address on Friday was the role of the media. Full News here – NationMultimedia.com – Politics

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Stock exchange financial health

Many survivors of 1997 financial crisis have returned to health

Most Thai corporates that survived the financial crisis of 1997 are in good shape today, with some using their financial strength to expand abroad. The Nation According to a survey by The Nation, most listed and non-listed corporates that struggled after the devaluation of the baht in 1997 now post healthy financial results, maintaining their […]

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Moody's cuts Russia's rating outlook to 'negative', cites Ukraine crisis

Moody's cuts Russia's rating outlook to 'negative', cites Ukraine crisis Washington – Moody's cut Russia's credit rating outlook to "negative" Friday, a sign of a possible coming downgrade, citing the threat to the Russian economy from its involvement in the Ukraine conflict. A sign for Moody's rating agency is displayed at … Full News here […]

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UPDATED: Lèse majesté vigilantism and Thailand’s political crisis

UPDATE (April 23): The head of the newly created radical royalist cyber-vigilante group has filed a lèse majesté charge against Ms. “Rose” himself. In separate story on Wednesday, Kamol Duangphasuk, better known among the red shirts as a poet under his pen name “Maineung K. Kunthee” has been shot dead by unknown assailants. “Maineung” was also known […]

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Thailand’s political crisis exacerbates: Welcome to Quagmire Country

Anti-government protest leader Suthep Thaugsuban. Pic: AP. Welcome to Quagmire Country. Last week Thailand’s acting Prime Minister Yingluck Shinawatra was ousted after a Constitutional Court ruling ruled that she has illegally transferred the head of National Security Council. This was followed by an indictment by the National Anti-Corruption Commission (NACC) for negligence of duty in the […]

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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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