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  • OPINION

    Sizing up the Kra Canal opportunity

    News, Sawai Boonma, Published on 02/12/2015

    » Thailand and South Korea started implementing accelerated development programmes about the same time as the United States started its urgent quest to land men on the moon. In that quest, the Saturn V rocket was the game changer, for its ability to take a heavy payload, including a moon lander and three astronauts, out of the Earth's gravity to the moon's orbit. It enabled Neil Armstrong and Buzz Aldrin to land on the moon's surface and return to Earth safely more than four decades ago.

  • OPINION

    Why Thailand must protect its international reserves

    News, Sawai Boonma, Published on 04/11/2015

    » On the basis of its international reserve holdings of over $160 billion (4.4 trillion baht), Thailand has been a member of the rich-nation club for many years now.

  • OPINION

    More effort needed on sufficiency economy

    News, Sawai Boonma, Published on 07/10/2015

    » Prime Minister Prayut Chan-o-cha's trip to New York to attend the United Nations summit generated a great deal of attention among Thais, including those in the United States. Some organised a protest near the United Nations headquarters while many more showed up to express their support. A large number who could not go to New York gathered in Los Angeles to air their views.

  • OPINION

    Somkid's stimulus plan an invitation to more debt

    News, Sawai Boonma, Published on 02/09/2015

    » The cabinet on Tuesday endorsed the emergency economic stimulus package proposed by the new team under the leadership of economic czar Deputy Prime Minister Somkid Jatusripitak.

  • OPINION

    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.

  • OPINION

    Don't play roulette with Thai society

    News, Sawai Boonma, Published on 01/07/2015

    » Since the National Council for Peace and Order took the reins of government 13 months ago, Thailand was supposed to be on a path of reform — to make major changes for the better. The National Reform Assembly (NRA), with members chosen from various groups of presumably wise Thais, was set up to put together what needs to be changed.

  • OPINION

    Four horsemen of Thai democracy ride on apathy

    News, Sawai Boonma, Published on 03/06/2015

    » We are presumably more than half done with yet another constitution. Not counting the temporary ones issued after the many coup d'etats, this will be the 17th since absolute monarchy was abolished in 1932. Debates have been raging whether the new constitution will — finally — help Thailand reach its goal of being governed by democratic principles.  I think not, for these reasons.

  • OPINION

    We need better quality universities, not new ones

    News, Sawai Boonma, Published on 01/04/2015

    » At the cabinet meeting in Prachuap Khiri Khan province last week, the governor proposed that a new university be built at tambon Bo Nok, south of the provincial centre. His justification for the new university was that young people of the province would not have to go far from home for higher education.

  • OPINION

    Brazil's energy industry woes offer cautionary tales

    News, Sawai Boonma, Published on 04/03/2015

    » Compared to other leading developing countries, including the big four often grouped together and labeled Bric — Brazil, Russia, India and China — Brazil is much better off and should be doing far better.

  • OPINION

    Is lower growth a 'sustainable' blessing in disguise?

    News, Sawai Boonma, Published on 04/02/2015

    » Economic numbers and growth prospects seem to make few people happy these days. But unless we are among the desperately poor or unemployed with few prospects of changing our lot, perhaps we should not feel bad. 

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