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OPINION

Grasberg disaster exposes copper market fragilities

Published on 02/10/2025

» The copper market is long accustomed to unexpected supply hits but the catastrophic events at Freeport-McMoRan’s Grasberg mine in Indonesia are unprecedented in terms of scale and potential impact.

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OPINION

Cutting Asia's reliance on dollars

Oped, Published on 02/10/2025

» The US dollar remains the world's leading reserve currency, but recent developments -- particularly President Donald Trump's unilateral economic diplomacy, including weaponisation of the dollar -- have fuelled doubts about whether it will maintain that status. While some of America's geopolitical rivals may hope to displace the dollar, the real challenge facing Asian economies is to manage the vulnerabilities created by their heavy dependence on it.

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OPINION

Waste scheme falters

Oped, Editorial, Published on 02/10/2025

» Public confusion and registration system glitches beset the launch of the Bangkok Metropolitan Administration's "No Mixed Waste" programme that took effect yesterday.

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OPINION

Making Cambodia pay for border row

Oped, Chartchai Parasuk, Published on 02/10/2025

» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.

OPINION

Here's a taste of things to come in the US

Oped, Gwynne Dyer, Published on 02/10/2025

» 'Predictions are hard, especially about the future' (Danish proverb), but still we make them, especially when we care about the future. Here are some about the future of the United States in the next three and a bit years, expressed as probabilities, although you should not trust the numbers.

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OPINION

Digitisation needed

Oped, Postbag, Published on 02/10/2025

» Re: "New DES minister urged to prioritise AI", (Business, Sept 23). My son, who completed a BBA, has just joined an MBA programme at a local university. For this, he had to cancel his existing visa from his college and apply for a fresh one through his new university. He reached the immigration office at 8am and was given token 78 for cancellation and 900 for issuance of a new visa. With each applicant's process taking about 10 minutes, he would easily be spending over 12 hours there. The officials work beyond 4.30pm and until 9pm to issue or reject every visa.

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OPINION

MPs fail Clean Air Bill

Oped, Editorial, Published on 01/10/2025

» The recurring failure to maintain a quorum during the debate on the Clean Air Bill highlights a fundamental lapse in the primary duty of members of parliament.

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OPINION

The future Asean Economic Community

Oped, Published on 01/10/2025

» This year, the Association of Southeast Asian Nations (Asean) has launched the bloc's new goal -- New Asean 2045: Our Shared Future and its Strategic Plans. Under this, it is worth reflecting on the words of Vincent Van Gogh: Great things are done by a series of small things brought together.

OPINION

UN debate swerves, slides, but scores

Oped, Published on 01/10/2025

» US President Donald Trump lambasted the United Nations on opening day for its failure to stop global crises in the midst of major regional wars, humanitarian disasters, looming security threats, never mind costly bureaucratic waste. But as the leader of the most prominent and founding UN member state, he then added that the world organisation isn't living up to its potential, and scathingly challenged, "What's the purpose of the United Nations?" The old rebuke, "You can do better!" Sometimes it works.

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OPINION

Market still 'wrong' on climate

Oped, Published on 01/10/2025

» As business, government and nonprofit leaders debate the future of climate action ahead of the United Nations Climate Change Conference (COP30) in Brazil, the global economy remains vulnerable to acute and chronic climate-driven shocks whose impact could be more severe than that of the 2008 global financial crisis. At a time when many governments and businesses continue to underestimate and underprice physical climate risk, we must remember that neither financial markets nor regulators are always right. What if their current complacency about climate risks is catastrophically wrong?