asia01
Read More

Asia needs ESG to boost longer-term GDP growth: report

FOCUSING on green investments could stimulate economic growth in Asia, although there is a need to further improve the standardisation of data, a Deutsche Bank CIO report has suggested. The report cited an Oxford University study, which found a statistically significant relationship between a firm’s performance in environmental, social and corporate governance (ESG) and a […]

Read More
sin02
Read More

Singapore outperforms other Asian benchmarks

SINGAPORE: Singapore could be the biggest comeback story for Asian equities this year. After becoming the region’s worst performer in 2020 following a 12% slump, the Straits Times Index has surged 9.1% to trounce all other major Asian benchmarks so far this year. That’s come in the wake of a tech rout that saw the […]

Read More
logo
Read More

Thailand: Airlines intensify promotions to seize domestic demand

Airlines are intensifying sales promotions to seize limited domestic demand and provide some hope for long-term investment in new aviation hubs. Bangkok Airways president Puttipong Prasarttong-Osoth said the airline has to offer promotions or value-for-money prices which can be used in tandem with tourism stimulus campaigns from the government to boost domestic demand. “We do […]

Read More
phil03
Read More

Philippines still not ready for carbon tax — Cusi

MANILA, Philippines — The Philippines is not ready for carbon tax as this will make the country uncompetitive in terms of power rates, according to Energy Secretary Alfonso Cusi. When he assumed office in 2016, Cusi said the country was struggling to meet power demand that is why the Duterte administration adapted a technology neutral […]

Read More