Thailand’s cannabis champion eyes bigger role after May election

Opposition parties, including the Pheu Thai Party loyal to former telecoms tycoon and ousted premier Thaksin Shinawatra, have criticised Bhumjaithai and the ruling coalition for what they see as the rushed and loosely regulated decriminalisation of cannabis. But Anutin, a former chairman of one of Thailand’s largest construction companies, saidContinue Reading

Singapore’s Q1 GDP likely slowed, complicating central bank’s task: Poll

“The pickup in visitor arrivals, including from China, will benefit the hospitality and F&B industries. Private consumption also remains supported due to the healthy labour market conditions,” said Selena Ling, head of treasury research and strategy at OCBC. “Going ahead, the services should still continue to underpin GDP growth inContinue Reading

China-indebted Pakistan looking down a deep, dark hole

MUMBAI – Last month, China and Pakistan celebrated the tenth anniversary of the US$64 billion China-Pakistan Economic Corridor with bonhomie and backslapping. But a warning from Syed Tariq Fatemi, special assistant to Pakistan’s prime minister Shehbaz Sharif, belied the joviality. “Overdue payments to the Chinese IPPs [the independent power plants built and operated by China […]Continue Reading