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  • OPINION

    How did Japan become so cheap?

    Oped, Published on 09/03/2022

    » Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.

  • OPINION

    Why do I smell tom yum kung cooking?

    Oped, Chartchai Parasuk, Published on 10/08/2023

    » Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.

  • OPINION

    Riots' deja vu raises the stakes

    News, Published on 04/07/2023

    » A teenager killed by police in a Paris suburb. A wave of anger that morphs into widespread rioting and opportunistic looting. A tough law-and-order response followed by an appeal for unity and calm -- and a political call for action that fades over time.

  • OPINION

    Time to leverage big data for the public good

    News, Published on 02/11/2022

    » The digital age has taught businesses to see people as individuals rather than just as members of certain demographic cohorts. On social media, we receive personalised ads based on our responses to previous ads, our current location, and our shopping habits. Our massive digital footprint enables companies to know precisely how effective their advertising campaigns are at the individual level and to derive immense value from this knowledge.

  • OPINION

    Age-old nature of the 'New Cold War'

    Oped, Thitinan Pongsudhirak, Published on 19/11/2021

    » History is back with a vengeance. Contrary to what proponents of the "end of history" theory said a few decades ago, the ideological struggle of the 20th century between the "free world" versus "the socialist-communist" camp is still ongoing, despite the Cold War ending over three decades ago. The struggle now features the United States-led Western alliance versus the China-centric global network of nations with authoritarian tendencies.

  • OPINION

    Thai inventions inspired by Covid-19

    Guru, Pornchai Sereemongkonpol, Published on 01/05/2020

    » Covid-19 is the mother of invention as evidenced by various inventions many people have come up with. You may have already seen the new PPE-inspired uniforms introduced by AirAsia, which have been designed by Filipino fashion designer Puey Quinones, as it resumes operations today but we're talking more out of the box. Protective properties of these DIY creations I've spotted may not be 100% proven but all guarantee a smile if not a laugh.

  • OPINION

    Is it all the Bank of Thailand's fault?

    News, Chartchai Parasuk, Published on 12/09/2019

    » Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.

  • OPINION

    Asean nears its Thucydides trap turning point

    News, Published on 14/10/2019

    » In the whirlwind of the 554 officially listed events which marked the start of the UN General Assembly debates in New York two weeks ago, the concern raised by Secretary-General Antonio Guterres -- that the world is moving towards a Great Fracture -- was understandably lost in the cacophony.

  • OPINION

    Xi's not for turning? Don't be so sure

    News, Published on 05/12/2018

    » As president-for-life, China's Xi Jinping is neither bound by rules nor limited by rivals. He has upended a careful political balance by concentrating power in his own hands, and overturned a cautious approach to foreign policy, while throwing in jail anyone he views as a threat. China's most dominant leader since Mao Zedong now has 90 days to head off an all-out trade war with the US provoked, in part, by his own mercantilist policies. Can anybody convince him to make a U-turn?

  • OPINION

    The cashless society is just another creepy fantasy

    News, Elaine Ou, Published on 21/10/2016

    » It's fun to imagine a world without cash.

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