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  • 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

    Authoritarian cryptocurrencies are on the march

    News, Leonid Bershidsky, Published on 18/10/2017

    » With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?

  • OPINION

    Libra plan calls for care

    News, Editorial, Published on 08/07/2019

    » Facebook's plan to launch its own digital currency called Libra in 2020 has put global financial institutions on alert, pondering how to take action. Thailand is no exception.

  • 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

    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.

  • OPINION

    Thailand's fintech comes of age

    Oped, Published on 28/07/2021

    » While the Covid-19 pandemic has adversely disrupted many industries globally, it has positively disrupted the finance sector -- especially in accelerating the evolution of FinTech solutions.

  • OPINION

    Handout difficult without BoT's help

    Oped, Chartchai Parasuk, Published on 18/04/2024

    » The purpose of this article is to educate the public about the real issue of the digital wallet scheme. The issue is not "HOW to get the 500 billion baht?" but "Is there 500 billion baht AVAILABLE to be borrowed?"

  • OPINION

    Sanctions need global governance

    Oped, Published on 12/04/2024

    » As Russia's war against Ukraine has entered its third year, Western governments are finding it increasingly difficult to muster the funding Ukraine needs to defend itself. The European Union struggled to reach a €50 billion (1.9 trillion baht) aid deal in February, and the United States remains deadlocked over its own US$60 billion (about 2.2 trillion baht) funding package. Now, calls to use Russia's own assets to fund the Ukrainian war effort are growing louder.

  • OPINION

    2024 GDP forecast is wishful thinking

    Oped, Chartchai Parasuk, Published on 14/12/2023

    » If one thinks 2023 was a not-so-good year for the Thai economy because GDP growth is likely below 2%, 2024 could be worse owing to three major economic risks: liquidity inadequacy, high gasoline price, and high electricity cost.

  • OPINION

    Industry rules are broken, not cryptocurrencies

    News, Published on 31/08/2023

    » When the Venetian merchant Marco Polo travelled the Silk Road in the thirteenth century, he encountered not only unfamiliar peoples, but also new (to him) forms of finance. In China, he was shocked to learn that Kublai Khan had introduced paper money. It was lighter, easier to transfer and store, and more valuable than the metal coins packed in his purse. After returning to Venice, Marco Polo taught his fellow merchants how to use the Khan's innovation. Even though some rejected the flat, foldable currency, arguing that it was no gold and never would be, paper money would change the world.

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