Global Economy -- Global Economy News
Global Economy News Mon 11 Aug 2008
The Subprime Shock, One Year On
Bangkok 11 Aug Moody's Asia Pacific Market Forces: The Subprime Shock, One Year On By Tine Olsen, Economist, Moody’s Economy.com (**Please see editor's note) A year after the subprime shock, the global economy is still suffering, and the end of the credit crisis is nowhere in sight. Asian economies have beenread more
Global Economy News Tue 1 Jul 2008
Higher interest rates another headache for airlines
Bangkok 1 Jul Centre for Asia Pacific Aviation The Bank for International Settlements (BIS), known as the central bank of the central banks, has released a report containing dark concerns over the future direction of the global economy. The BIS yesterday stated, in the aftermath of a long credit driven boom, it wouldread more
Global Economy News Tue 17 Jun 2008
Set 'not on foreigners' radar'
The Stock Exchange of Thailand (SET) has gone off foreign investors' radar screens amid mounting concern over the global economy and rising oil prices, president Patareeya Benjapholchai said yesterday after returning from a roadshow abroad to promote the Thai market.read more
Global Economy News Sat 14 Jun 2008
Dollar-oil link tops G8 agenda
OSAKA: The US dollar took centre stage as Group of Eight finance ministers gathered in Japan yesterday to wrestle with surging inflation and its impact on a slowing global economy.read more
Global Economy News Tue 20 May 2008
No escape from US financial crisis
If the global economy manages to withstand a US downturn, it will be thanks to emerging markets, Dow Jones columnist Alen Mattich said yesterday.read more
Global Economy News Thu 8 May 2008
Article Finds Shift in World Growth Patterns Will Keep Emerging Market Economies Strong
Bangkok 8 May Standard & Poor's While record high oil prices and a U.S. recession are causing a slowdown in most industrial countries and in the global economy, record high commodity prices and the shifts in world growth patterns are likely to keep most emerging markets on the rise, said Standard & Poor’sread more
Global Economy News Wed 16 Apr 2008
Accenture Reveals Strategies for Winning War for Talent in Global Economy
Bangkok 16 Apr Aziam Burson Marsteller Business success requires new, strategic focus on talent To win the battle for talent, organizations must transform the management of their workforces from a supporting function to a competitive capability, according to a new book from Accenture (NYSE: ACN). The Talent Poweredread more
Global Economy News Fri 14 Mar 2008
The Oracle Education Foundation Helps Educators in Thailand Prepare Students For Success In A Global Economy
Bangkok 14 Mar PC & Associates Consulting New 21st Century Learning Institute Showcases Skills Development for Young Generation for the First Time in Asia Pacific The Oracle Education Foundation (OEF) recently launched its first Regional 21st Century Learning Institute in Asia Pacific to help educators successfullyread more
Global Economy News Wed 5 Mar 2008
(Update 4)THAI ECONOMIC PERFORMANCE IN Q4/2007 AND OUTLOOK FOR 2008
1.2 World economic performance in Q4/ 2007 Global economy slowed down in the fourth quarter in the face of ongoing sub prime crisis in the US which triggered the US economic growth to moderate. In addition, the financial market strains have dampened the EU economy as well. Chinese economy has also softened as a resultread more
Global Economy News Tue 11 Dec 2007
(Update 2)THAI ECONOMIC PERFORMANCE IN Q3 AND OUTLOOK FOR 2007 - 2008
1.2 World economic performance in the third quarter of 2007 Global economy in the third quarter exhibited a stronger growth than the second quarter. Growth improved in all major economies including the US, Japan, Euro zone and Asian economies and exceeded earlier expectations. Nevertheless, in the first nine months ofread more
Global Economy News Fri 8 Jun 2007
(Update 2)EconomicTHAI ECONOMIC PERFORMANCE IN Q1 AND OUTLOOK FOR 2007
The global economy in the first quarter of 2007 slowed down from the last quarter of 2006 as a result of deceleration in G3 economies (namely US, Eurozone and Japan) as well as the Asian economies with an exception of the Chinese economy which continued to grow faster. The US economy expanded 2.1 percent the lowestread more
Global Economy News Mon 23 Apr 2007
(Update 1)Economic Performance in Q4 and Outlook for 2007
(2) Overall, the economy expanded by 5.0 percent in 2006, above that of 4.5 percent in 2005. The leading driver was strong export volume which expanded by 9.0 percent owing to a robust global economy. Import volume growth, however, dropped by 0.8 percent comparing with 8.8 percent increase in 2005 following a slowdownread more
Global Economy News Wed 10 May 2006
UPS SURVEY REVEALS CHALLENGES TO ASIA’S FUTURE
SMEs Are Bullish on Asia’s Prospects But Are Concerned About Obstacles to Growth With intra Asia trade flourishing and Asia’s emerging markets gaining a stronger foothold in the global economy, Asia’s Small and Medium Enterprises (SMEs) are bullish on the region’s prospects. However, accordingread more
Global Economy News Wed 10 Aug 2005
The following quotations are excerpted from the statements of UN Secretary-General Kofi Annan
Development “There is no autopilot, no magic of the marketplace, no rising tide in the global economy that will lift all boats. If current trends persist, some of the poorest countries will not be able to meet many — or perhaps any — of the Millennium Development Goals by 2015. Considering how far weread more
Global Economy News Fri 10 Jun 2005
Keynote Address by H.E. Dr. Kantathi Suphamongkhon Minister of Foreign Affairs of Thailand at the Asia Society’s 15th Asian Corporate Conference on “Thailand’s Role in Asia and the Global Economy” Thursday 9 June 2005
His Excellency Mr. Somsavat Lengsavad, Deputy Prime Minister and Minister of Foreign Affairs of Laos, Dr. Vishakha Desai, President of the Asia Society, Excellencies, Distinguished Participants, Ladies and Gentlemen, Thank you, Mr. Kanak, for your kind introduction. Let me begin by joining my Prime Minister and Deputyread more
Global Economy News Thu 9 Jun 2005
New technologies will be key to enabling multi-national and large companies operating in a global economy manage their travel costs more effectively.
GlobalStar Travel Management, a leader in corporate travel management that operates in a virtual community spanning more than 50 countries, introduced three new proprietary technologies that will help corporations consolidate and manage their business travel better. These new technology platforms are FareStar;read more
Global Economy News Wed 11 May 2005
GOVERNMENT AND BUSINESS LEADERS TO EXAMINE SOUTHEAST ASIA’S ECONOMIC RISE AT BANGKOK CONFERENCE
Top government and business leaders will gather in Bangkok to examine Thailand and Southeast Asia’s rise in the global economy, at the Asia Society’s 15th Asian Corporate Conference to be held June 8 10, 2005, at the Shangri La Hotel. The conference, “Southeast Asia Rising: A Region Booming Amongread more
Global Economy News Thu 18 Nov 2004
QAD I&I POWERS THAI MANUFACTURING EXCELLENCE IN THE GLOBAL ECONOMY
Leading ERP Company Delivers Supply Chain Solutions to Support World Class Manufacturing Operations QAD I&I (NASDAQ: QADI), a leading provider of enterprise applications for global manufacturers, today announced a comprehensive set of software products that offer manufacturers in Thailand the world class supply chainread more
Global Economy News Thu 21 Oct 2004
PRIVATE SECTOR LEADERS ANALYSED CHANGES IN BUSINESS ENVIRONMENT, CALL ON WTO TO STRENGTHEN GUIDANCE
International tourism is facing some serious challenges in the coming years deriving from its growing contribution to the global economy. The World Tourism Organization (WTO) should strengthen its guidance in economic environment, tourism technologies and redefine international tourism within its most positiveread more
Global Economy News Tue 21 May 2002
AMIDST SCOURGE OF TERRORISM, A RAY OF ECONOMIC HOPE
Bangkok (United Nations Information Services) With continued uncertainty about the recovery of the global economy and a growing need for developing countries to manage the effects of globalization amidst the scourge of terrorism, Government ministers and representatives from 49 members and associate members haveread more
Global Economy News Thu 27 Dec 2001
The Schedule for the Monetary Policy Committee Meeting for 2002
In conjunction with the Monetary Policy Committee (MPC) meeting today to assess the recent developments in the domestic and global economy and determine the appropriate stance of monetary policy, the MPC agreed to set and publicly disclose the schedule for future MPC meetings. By encouraging the public to followread more
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