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OPINION

Megaprojects vital to boosting the sluggish economy

News, Wichit Chantanusornsiri, Published on 10/03/2016

» This year is set to be the year of public investment. Huge investment by the state, accounting for 1.796 trillion baht covering 20 megaprojects, is supposed to spark the engine of growth and lift up the sluggish economy.

OPINION

As ageing society approaches, fiscal reform needed

News, Wichit Chantanusornsiri, Published on 31/03/2016

» At a glance, despite public debt accounting for 44% of GDP, it appears the government remains safe from the immediate risk of fiscal crises and is still able to acquire low-interest loans from domestic sources.

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OPINION

Effective tax reform for a more genuine democracy

News, Wichit Chantanusornsiri, Published on 18/02/2016

» A plan by the Revenue Department to reform the country's tax system is well under way. 

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OPINION

Tackling graft key to saving economy

News, Wichit Chantanusornsiri, Published on 17/12/2015

» The military government urgently needs to tackle corruption, rather than allowing it to escalate into a political crisis that will hinder its attempts to shore up the country's economy during a world recession.

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OPINION

Development bank poised to drive businesses once again

News, Wichit Chantanusornsiri, Published on 07/01/2016

» Almost from ashes, the once-ailing Small and Medium Enterprise Development Bank of Thailand (SME Bank) has eventually made an impressive turnaround and looks set to resume its role as a financial institution to drive small- and medium-sized businesses into prosperity.

OPINION

Fairness all-important to achieving genuine tax reform

News, Wichit Chantanusornsiri, Published on 05/11/2015

» Much-needed tax reform will not be achieved if the process fails to ensure fairness, a major cause of rampant tax evasion.

OPINION

Mass-transit projects raise hopes of easing traffic woes

News, Wichit Chantanusornsiri, Published on 26/11/2015

» The government's plan to fast-track infrastructure development projects, especially the city mass-transit system in Bangkok under the public-private partnership (PPP) programme, is more than welcome. These projects are worthy because they will not only boost the country's economy, but also upgrade the quality of life for urban residents.

OPINION

Somkid's economic package avoids reckless populism

News, Wichit Chantanusornsiri, Published on 24/09/2015

» If Prime Minister Prayut Chan-o-cha worries that people may mistake his 136-billion-baht economic stimulus package for populist measures such as those implemented by the previous administration, he need not do so.

OPINION

Somkid tackles root causes of our economic malady

News, Wichit Chantanusornsiri, Published on 15/10/2015

» The economic malady Thailand has been facing for the past two consecutive years requires the proper remedies to tackle the root causes.

OPINION

Savings fund offers safety net for retirees, the state alike

News, Wichit Chantanusornsiri, Published on 13/08/2015

» As we strive to defuse a political timebomb through the roadmap, the country is about to face a potential social timebomb: the emergence of an ageing society as a result of demographic change.