Showing 1 - 4 of 4
Cabinet shuffle unlikely to kickstart growth
News, Sawai Boonma, Published on 05/08/2015
» As the economy continues to stagnate, speculation is getting more intense as to when the prime minister will replace some - or perhaps all - ministers in charge of the economy. Changing personnel may pacify the critics, but it is unlikely to change anything for the better. Both external and internal factors are working against any possibility of achieving robust growth in the near future.
Seeds of failure sown deep into national reform targets
Oped, Sawai Boonma, Published on 06/05/2015
» This month marks a year since the military took over the reins of government. According to its roadmap, the military has a few more months before it hands power back to an elected government. It will then be up to the new government to complete the reforms initiated over the past year.
An end to wasteful spending is the key to real reform
News, Sawai Boonma, Published on 03/09/2014
» The National Legislative Assembly is considering a 2.57-trillion-baht budget for the next fiscal year proposed by the National Council for Peace and Order (NCPO). This budget will incur a national deficit of 250 billion baht. Members of the National Reform Assembly — the body charged with spelling out reforms to be undertaken in 11 areas stipulated by the NCPO — have not yet been selected, so how the new budget will be adjusted to accommodate the changes is not clear. If the government is serious about its reform it must start during the coming fiscal year. That should lead to a lower deficit than projected.
Harnessing consumer power for the better
News, Sawai Boonma, Published on 05/03/2014
» During the past few weeks, Thailand has seen a new phenomenon, beginning with a large number of depositors flocking to branches of the Government Savings Bank (GSB), to either close their accounts or withdraw large sums of money.