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  • OPINION

    Can Asean weather another crisis?

    News, Bandid Nijathaworn, Published on 19/04/2019

    » With the global economy slowing and the risk of a recession looming on the horizon, the question that arises is whether countries in Asia have the resources and capacity to manage such a crisis, considering the current prolonged policy uncertainties and the lack of global leadership to forge an unified response.

  • OPINION

    It's time for public sector to get on board

    News, Bandid Nijathaworn, Published on 23/04/2018

    » Last year was the 20th anniversary of the Asian Financial Crisis, a crisis which touched off a journey towards better governance throughout Asia. Thailand is no exception. Since then, continuous efforts have been made by the country's regulators, companies, and market participants alike to improve the policies and practices of corporate governance of Thai companies.

  • OPINION

    Marking 20 years after Asian financial crisis

    News, Bandid Nijathaworn, Published on 29/06/2017

    » The devaluation of the baht in July 1997 was a pivotal moment for Asia and the world, not least because it triggered the onset of a major financial crisis, with a contagion that for the first time spread globally. The crisis also brought about an important rebalancing in the global economy as countries in Asia underwent a long and painful period of reform only to emerge much stronger 10 years later to withstand the effects of the global financial crisis of 2008 and lead the world economy in terms of global growth. It was a remarkable story of a successful crisis, a story that needs to be understood and celebrated.

  • OPINION

    Bright spots for governance emerge

    News, Bandid Nijathaworn, Published on 13/06/2017

    » More than ever governance is very important for Thailand: Better governance is needed in both the government and the private sector. Recently, Prime Minister Prayut Chan-o-cha expressed concerns about governance by the next government, indicating that corruption continues to be a major problem despite determined government efforts to tackle the problem.

  • OPINION

    Likely pitfalls of the 'Trump effect'

    News, Bandid Nijathaworn, Published on 29/11/2016

    » The shock, followed by knee-jerk reaction, over the election victory of Donald Trump by Asian financial markets may have faded as investors regained composure. Still, there are reasons for policy makers and businesses in Asia, Thailand included, to take note, reassess and make necessary preemptive moves to mitigate any risks that the new policy may imply.

  • OPINION

    Thai economy needs new growth drivers

    News, Bandid Nijathaworn, Published on 21/09/2016

    » The state of the global economy today is disjointed and complicated. To understand this complexity, derived from many countervailing forces, one needs to differentiate the short-term outlook from the longer-term challenges.

  • OPINION

    Tackling graft needs more than just words

    News, Bandid Nijathaworn, Published on 17/05/2016

    » Last week was a golden opportunity for global anti-corruption movements and for Thailand's Private Sector Collective Action Coalition against Corruption (CAC) to engage in anti-corruption at a global level. Heads of state and leaders from business and civil society from around the globe gathered for the London Anti-Corruption Summit 2016 on May 12.

  • OPINION

    Asia needs policies to avert crisis

    News, Bandid Nijathaworn, Published on 05/10/2015

    » The last 20 years have been eventful for "Emerging Asia" in terms of policy management as the region survived two major financial crises while seeing the risk of yet another one looming large.

  • OPINION

    Solving private sector corruption

    News, Bandid Nijathaworn, Published on 11/09/2014

    » It takes two to tango, and the same goes for corruption. Since bribery involves those who pay and those who get paid, this puts a spotlight on the private sector — seen as the supply side of corruption — and specifically on its role in combatting graft.

  • OPINION

    Corporates must boost accountability

    News, Bandid Nijathaworn, Published on 29/01/2013

    » As president of the Thai Institute of Directors (IOD), a question was posed to me: what would be the key governance issues for company boards in Thailand in 2013? This is not an easy question to answer, but after long and careful thought, my answer would include these three issues:

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