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Search Result for “$8 billion”

Showing 51 - 60 of 459

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OPINION

Time to stop making empty promises

Oped, Chartchai Parasuk, Published on 07/03/2024

» The Nikkei 225 Index just broke 40,000, surpassing the record high of 1989. The stellar stock market performance happened amid the fact that Japan's economy is officially in recession after two consecutive quarters of negative GDP growth.

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OPINION

South Korea: Very competitive and childless

Oped, Gwynne Dyer, Published on 05/03/2024

» There are enough people to go around: eight billion now, compared to two billion less than a hundred years ago. Fifty-one million in South Korea, compared to only twelve million a hundred years ago. So why are South Koreans obsessed about their low birth rate?

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OPINION

BoT is absolutely right in holding rates

Oped, Chartchai Parasuk, Published on 22/02/2024

» The whole country -- the government, its economic agencies, private economic research houses, the private sector, and academics -- is accusing the Bank of Thailand (BoT) of being stubborn for refusing to lower interest rates to support the weak economy, aka, the economy in crisis.

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OPINION

Is Cambodia a new agricultural power?

Oped, Published on 17/02/2024

» Hun Manet, the new Cambodian prime minister and son of the previous prime minister and former military general Hun Sen, recently announced the implementation of a new strategic policy for local agricultural development.

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OPINION

The true cost of our 'wars' and 'wreckonomics'

Oped, Published on 16/02/2024

» In Constantine Cavafy's poem Waiting for the Barbarians, the much-feared barbarians never turn up. "Now, what's going to happen to us without barbarians?" the poem asks. "Those people were a kind of solution."

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OPINION

Aid must reflect vulnerabilities

Oped, Published on 13/02/2024

» Last October, at the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund in Marrakesh, member countries emphasised the urgency of scaling up development finance. In recent years, an extraordinary confluence of health, climate, and security crises has worsened global inequalities and eroded the economic and social gains of the last few decades, especially in many African countries.

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OPINION

Soft or hard landing for Thai economy?

News, Chartchai Parasuk, Published on 08/02/2024

» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!

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OPINION

Are electric cars driving into a dead end?

Oped, Published on 02/02/2024

» In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting four million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast, and salt into a metal box takes time and costs much more than strolling to the corner bakery. Are plug-in electric vehicles (EVs) the breadmakers of our day?

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OPINION

Loss and Damage Fund's potential

Oped, Published on 02/02/2024

» In the vein of We Are the World, the 1985 hit that sold more than 20 million copies globally, the song Lasting Legacy was released at the United Nations Climate Change Conference (COP28) in Dubai. The official charity anthem features 13 artists from around the world singing about unity, cooperation, and climate action.

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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.