Showing 1 - 10 of 61
Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
Welfare cards offer hope to family-run shops
News, Wichit Chantanusornsiri, Published on 02/11/2017
» Whether or not it is the intention of the government, social welfare cards for the poor can help revitalise a sagging traditional retail segment -- "mom-and-pop" shops.
Citizens shoulder burden of vast state debt
News, Wichit Chantanusornsiri, Published on 11/06/2015
» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.
Rich get richer, poor get the picture
News, Wichit Chantanusornsiri, Published on 09/01/2020
» This year the new land and building tax law takes effect with the new tax regime hardly affecting ordinary people who do not own second homes. It rather effects super rich people who have owned land in amounts so vast that they would have to spend a good part of their life if they wanted to walk around every plot of their land.
Stimulus a band-aid for gaping wounds
News, Wichit Chantanusornsiri, Published on 28/11/2019
» Despite several "stimulus" measures launched by the government in the past year, the Thai economy is still being buffeted by the volatility of international trade. This year's growth projection has been adjusted to a level much lower than previous predictions due to a slowdown in exports, which account for 70% of the economy.
High-income goal needs a reality check
News, Wichit Chantanusornsiri, Published on 31/10/2019
» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.
EEC is our only gateway to developed-nation status
News, Wichit Chantanusornsiri, Published on 03/10/2019
» The Eastern Economic Corridor (EEC) has been harshly criticised by Thanathorn Juangroongruangkit, leader of the Future Forward Party, for its "lack of people's participation". On the contrary, I believe the EEC will help boost the livelihoods of Thais and transform Thailand from a middle-income country to high-income status.
Public debt isn't always a bad thing
News, Wichit Chantanusornsiri, Published on 29/08/2019
» The global economic slowdown, as a result of the ongoing Sino-US trade tensions, has hit the Thai economy hard.
New govt faces massive economic task
News, Wichit Chantanusornsiri, Published on 30/05/2019
» For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.
Poverty is not a political commodity
News, Wichit Chantanusornsiri, Published on 14/02/2019
» As the election is drawing near, most if not all political parties are making eradicating poverty and closing the economic gap their flagship policy, rolling out enticing populist programmes in the hope of winning the hearts and minds of voters.