Business

Scarborough-born activist and educator Curtis Carmichael wants to help kids thrive, not just survive
Business, World

Scarborough-born activist and educator Curtis Carmichael wants to help kids thrive, not just survive

“It’s tricky,” says Curtis Carmichael as he explains the difference between how the police treated him and his friends in their housing project in Scarborough and the way they operate in other parts of the city. Carmichael, 28, seems to use these two words when he’s holding something back, perhaps softening the edges around the complex realities of living as a young Black man in Canada for someone like me — a privileged white journalist who grew up in the same city, but in the world outside the four streets of the self-contained neighbourhood where Carmichael spent all his time. Or maybe it’s his way of saying he is exhausted from having to explain it to people who don’t share those experiences. “It’s tricky.” When he was seven, Carmichael and his family moved from a pre-gentrified Regen
Reopenings face even more delays
Business, Singapore, World

Reopenings face even more delays

Visitors arrive on Koh Samui, Surat Thani province, when the island reopened on July 15. (Photo: Supapong Chaolan) The reopening plan for five provinces might be delayed by a month to Nov 1 as each province's vaccination rate still falls short of 70% coverage, leading Chiang Mai to put its faith in the domestic market instead. Thanet Phetsuwan, deputy director for communications and marketing at the Tourism Authority of Thailand (TAT), said the October plan may be postponed to Nov 1 because of the condition that each area must inoculate 70% of its population. It came after TAT had a meeting with a working group under the Public Health Ministry about the reopening proposal before it was submitted to the Centre for Covid-19 Situation Administration (CCSA). The public health ministry also ...
Gaming computer sales soar
Asia, Business, World

Gaming computer sales soar

Two teenagers engage in a game during Thailand Game Expo 2020. (Photo: Apichart Jinakul) The market for gaming computers has experienced a surge in growth, driven by the rising number of gamers amid the pandemic along with those engaged in e-sports, which have recently been recognised as an official sport by authorities, according to tech pioneers. "Since the pandemic took place, the number of casual gamers has risen as students who stay online have more time to play games, in addition to existing hardcore gamers," said Anothai Wettayakorn, vice-president for Asia Emerging Markets and South Asia Consumer Business at Dell Technologies. Thailand's recent announcement that it recognises e-sports as an official sport has also given a boost to the segment. "These are two key factors that bo...
The Saturday Debate: Has Canada’s relationship with China become too damaged?
Asia, Business, China, Opinion, World

The Saturday Debate: Has Canada’s relationship with China become too damaged?

“It is important to emphasize that the capture of (Michael) Kovrig and (Michael) Spavor was not a mere bump in the road in our relationship with China,” writes J. Michael Cole. “Business as usual with China will make us complicit in creating a world where the space for human rights, liberty, and democracy is narrowed.” On the other side, relations between Canada and China are at their lowest in 50 years, yet 61 per cent of Canadians believe “Canada can engage economically with China while maintaining a hard line on areas of disagreement,” writes Sarah Kutulakos. “Relationship repair depends on two things: Pursuing Canada’s interests and resuming channels of communication.” J. Michael Cole Senior fellow with the Macdonald-Laurier Institute and the Global Taiwan Institute YES The return la
Should we invest in China or not?
Business, China, Conflict, Opinion, World

Should we invest in China or not?

Is BlackRock’s entry into China a “blunder” as George Soros claimed in a recent op-ed? Or are critics misconstruing China’s recent regulatory crackdown, as Ray Dalio would like us to believe? Both Soros and Dalio are highly respected and very successful global macro investors. BlackRock, the world’s largest fund management group with close to $10 trillion under management, recently launched a set of mutual funds for the Chinese consumer. It raised $1 billion from more than 100,000 investors, making it the first foreign-owned fund group in China. Soros believes this move was a mistake that will not only lose money for BlackRock clients, but also imperils the national security interests of the U.S. He believes that the current regime regards all Chinese companies as instruments of the one-
New Delhi would like to re-visit the level of ambition that it has set for the partnership with the South East Asian bloc, said External Affairs Minister
Asia, Business, Opinion, Politics

New Delhi would like to re-visit the level of ambition that it has set for the partnership with the South East Asian bloc, said External Affairs Minister

New Delhi, India: The Foreign Minister S Jaishankar said that the COVID-19 pandemic has provided the backdrop for how most countries approach both their economic policies and have even shaped our way of life. “From the prolonged crisis of the last two years, four areas have come into sharp focus for international business cooperation: resilient and reliable supply chains, health security, digital for development and green and sustainable recovery.” Jaishankar stated that Covid-19 has brought out many inadequacies in the global health system. “Meaningful partnerships, sharing of advanced technologies, collaboration in vaccine and pharmaceutical production, capacity building and transparency in health information are all part of the answers. And in all of this, the role of businesses
Cloud competition heats up with new data centre
Asia, Business, China, Singapore, World

Cloud competition heats up with new data centre

Cloud competition heats up with new data centre Mr Supparat attributes data centre growth to the rise of over-the-top platforms and content provider services in Thailand. Competition in Thailand's data centre market is expected to intensify, driven by the launch of the STT Bangkok 1 data centre, developed by ST Telemedia Global Data Centres Thailand (STT GDC Thailand). China plays a major role in the segment, with tech powerhouse Huawei claiming three data centres in Thailand, while internet giant Tencent has two here and e-commerce heavyweight Alibaba reportedly aims to establish one. According to global tech research company Gartner, Thailand's spending on public cloud services is expected to surge 31.7% year-on-year to 26.8 billion baht in 2021 and 28.2% to 34.4 billion baht in 2022...
Burger chain looks to revitalise via franchises
Business, World

Burger chain looks to revitalise via franchises

Burger chain looks to revitalise via franchises From left, Mrs Chamchan and Mr Supak. Steak Group, the owner of EZ'S sausage and the operator of Siam Steak burger chain, announced the expansion of its business via the franchise model to turnaround business. Siam Steak Group, the owner of EZ'S Sausage and the operator of the Siam Steak burger chain, has expanded via the franchise model to turn around a business spluttering from the pandemic. Managing director Supak Muennikorn said the company wanted to emphasise expansion through the franchise model and online channels to reduce risk. He said 90% of the company's business now relies on schools and universities, which have shifted to distance learning and online courses. According to Mr Supak, after the Covid-19 pandemic broke out the c...
Tourism boost for islands
Business, World

Tourism boost for islands

A Royal Enfield Classic 500 sidecar tour. (Photo: ITTIKORN PANATKOOL) To boost local tourism and the economy, the Ministry of Tourism and Sports and the Tourism Authority of Thailand (TAT) is holding "Thailand SHA: The Memory @ Phuket, Phang-nga and Krabi" from today until Oct 3. The goal of the event is to promote tourism among local travellers and expats who can travel safely within secure tourist-friendly destinations. This will help to bring back confidence in tourism and national healthcare, as well as assisting businesses affected by Covid-19. With assistance from the CCSA and TAT, they offer international tourists who are part of the Phuket Sandbox programme the opportunity to travel to other provinces, by linking Phuket within the 7+7 Phuket Extension, which includes Koh Samui, K...
COVID-19: Beijing’s vaccine diplomacy fails as countries look to the West
Business, China, Conflict, Opinion

COVID-19: Beijing’s vaccine diplomacy fails as countries look to the West

Beijing, China: As the Chinese vaccine is not reliable anymore, the countries which once trusted and approaching western countries for jabs.On the parallel lines, countries that earlier relied on Chinese vaccines have now started to opt for vaccines from other countries after the Western stranglehold on mRNA supplies has loosened. “Basically people took what they could get” informed City University of Hong Kong associate professor Nicholas Thomas, who is an expert in the field of foreign policy and public health. “But as this has gone on, general populations, rather than just medical practitioners, have become more educated about the differences,” Thomas said adding that people have realised that not all vaccines are equal in terms of protection. This ‘turn away’ from the Chinese