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Search Result for “3.2.1”

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OPINION

Time to address juvenile crimes

Oped, Published on 06/02/2024

» Thailand has witnessed an alarming number of violent crimes committed by children under 15. The most recent murder of a 13-year-old who was stabbed in the neck by a 14-year-old classmate after a school assembly and the murder of Buaphan Tansu by a youth gang in Sa Kaeo leave most perpetrators unsentenced criminally due to their age (under 15) even if the court finds them guilty of the crime. These tragic incidents and lack of criminal sentencing for the offenders have sparked a public outcry echoing through the streets and halls of justice for change.

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OPINION

Don't fault African nations for producing more oil

News, Published on 02/02/2024

» Nigeria inaugurated the US$20 billion (709.2 billion baht) Dangote Oil Refinery, a 650,000 barrels-per-day facility that represents a new phase in Nigeria's petroleum sector.

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OPINION

Soft landing likely for this dragon year

Oped, Published on 31/01/2024

» The Year of the Dragon brings with it the expectation that the direction of the global economy will be better than that of 2023. Despite earlier concerns about a sharp global economic downturn, recent developments suggest a soft landing for 2024.

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OPINION

China, India: 2 faces of liquidity

News, Andy Mukherjee, Published on 31/01/2024

» Lenders in the world's two most populous nations are having very different problems with monetary and fiscal taps. In China, creditors are drowning in cheap central bank cash, but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they're parched for liquidity.

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OPINION

Scandal taints Thai rice

Oped, Editorial, Published on 30/01/2024

» The accusation that the country's most famous whistle-blower has been extorting money from a senior official at the Department of Rice has grabbed all the headlines this week and serves to highlight the vacuum of good governance at the Ministry of Agriculture.

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OPINION

Financial crisis looms over Thailand

Oped, Chartchai Parasuk, Published on 25/01/2024

» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.

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OPINION

The danger of talking down immigration in Oz

News, Daniel Moss, Published on 11/01/2024

» Pre-pandemic Australia looks like hallowed ground that the contemporary economy will struggle to surpass. For local officials who aspire to take a crack at emulating a celebrated decades-long expansion, it's important not to downgrade a vital component that's become radioactive: immigration. The country's politicians are showing a worrying lapse in memory.

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OPINION

3.2% GDP growth 'pie in the sky'

News, Chartchai Parasuk, Published on 11/01/2024

» This year must be my lucky year. One of the key points of this article is to underline the risk of financial crisis compared to 1997. But this time it would not come from bank failures, it would come from defaults on corporate bonds and commercial papers. The reasons are the low cash position of corporates from many years of weak economic performance and, most importantly, today's super-tight domestic liquidity to refinance matured bonds and papers. I am a little wary that readers may scorn such a bold opinion. However, out of the blue, my opinion was proven correct on Monday when Italian-Thai Development (ITD) announced the postponement of payments on its bonds due in 2024 to 2026 with a total value of 14.45 billion baht for two years.

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OPINION

Braving hurdles for green transport

News, Sumet Ongkittikul, Published on 10/01/2024

» 'Match your words with your actions." That was the message from teenage climate activist Greta Thunberg when she sailed across the Atlantic Ocean in 2019 instead of flying to attend the United Nations Climate Action Summit in New York.

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OPINION

HK has a new breed of stressed money seekers

News, Shuli Ren, Published on 05/01/2024

» Just when people started to give up on Hong Kong's relevance as a financial hub, a new breed of money seekers is coming to town.