Showing 1 - 4 of 4
Thailand must prepare for challenges ahead
News, Sutapa Amornvivat, Published on 18/05/2016
» In February, I discussed, with cautious optimism, the reality of our transport megaprojects and the sizeable impact on businesses. In particular, the service sector would subsequently flourish. As urbanisation accelerates from better connectivity, property and retail developments will quickly follow. Tourism businesses will expand to these new urban cities. Relatively new service businesses, such as transport maintenance, would be established in key junctions and pit-stops, as trains, planes and ships multiply.
Mega-investment is no longer a choice
News, Sutapa Amornvivat, Published on 27/01/2016
» As the year of the monkey kicks off, anxiety abounds. For the first time in nearly half a century, no single economic power enjoys bullish prospects. In the 1980s, Japan was at the height of its "miracle" with record salaries and employment. In the 1990s, the United States rode the success of rapid technological change that created waves of new jobs as well as the dot com bubble. At the turn of the millennium, the European Union was exuberant with the promise of growth driven by a streamlined internal market and single currency. Then China's accession to the World Trade Organisation helped it re-emerge as one of the world's great economic powers, marching briskly forward even during the global financial crisis of 2008. Today, there is no comparable big winner.
Time to refocus our exporting strengths
News, Sutapa Amornvivat, Published on 17/09/2014
» Thailand's exports have suffered such a great fall. Our performance has been disappointing since 2012. We at the SCB Economic Intelligence Centre (EIC) expect total exports for 2014 to grow by around 1% yearly.
Can we expect sunshine after the economic rain?
News, Sutapa Amornvivat, Published on 19/03/2014
» When it rains, it pours. This rings true for the economy, as the political unrest has significantly hurt an economy already weak from last year.