Showing 1 - 10 of 653
Central bank legacy
Postbag, Published on 19/09/2024
» Re: "PM vs central bank", (PostBag, Sept 18) & "BoT urged to reduce interest rates", (Business, Sept 17).
Europe's AI Act will shake up businesses
Oped, Published on 11/09/2024
» As businesses across the globe brace for the European Union's newly adopted Artificial Intelligence (AI) Act, the ramifications are becoming more apparent. The AI Act will create opportunities and challenges, particularly for companies that rely heavily on AI technology. The regulation classifies AI systems based on the level of risk and will mandate new standards for developers and deployers, pushing businesses to reevaluate their strategies in a bid to comply with this EU legislation that will open doors to the EU market.
Can AI revolutionise prosperity?
Oped, Published on 06/09/2024
» As global economic growth slows, many hope technological innovation is a potential solution. The International Monetary Fund's latest World Economic Outlook, for example, highlighted the potential of artificial intelligence to boost productivity and GDP. But the report also warns that given the uncertainties surrounding the extent of AI's impact, such forecasts should be approached with a dose of caution. While AI could usher in an era of prosperity, this outcome depends on how these emerging technologies evolve.
Thaksin's 'vision' might be outdated
News, Chartchai Parasuk, Published on 05/09/2024
» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.
Srettha Thavisin fell to hidden forces
News, Thitinan Pongsudhirak, Published on 30/08/2024
» Hindsight is likely to place Srettha Thavisin in Thai political annals as a prime minister who tried his best but ultimately succumbed to forces way beyond his control. While his nearly 12-month tenure in office came up short on policy deliverables, it nevertheless reset Thailand's foreign policy projection on Myanmar amid more omnidirectional relations with the major powers.
Unpacking China's global influence
Oped, Vitit Muntarbhorn, Published on 29/08/2024
» Is China an enigma? If it is difficult to decipher the country on some fronts, there are other elements which are more accessible. While it might be easy to look at its impressive growth in recent decades as diverging from other global players in key areas, there are other areas which are mutually convergent. From the multidimensional panorama of a complex world -- the "multiplex" world, a preferred approach is not to generalise too much but to analyse the specifics of our times for possible confluence.
Thaksin reclaims political centre stage
Oped, Chairith Yonpiam, Published on 24/08/2024
» As the Pheu Thai Party was busy forming a new cabinet, Thaksin Shinawatra re-consolidated his power in the blink of an eye. Few, if any, political observers would have imagined this phenomenon in almost two decades of colour-coded politics that saw Thaksin, for much of that time, living in self-imposed exile.
Thai politics has turned upside down
Oped, Thitinan Pongsudhirak, Published on 23/08/2024
» The rise of Prime Minister Paetongtarn Shinawatra and the return -- and re-entry, of her father, Thaksin Shinawatra, have turned Thai politics upside down. On the surface, Mr Thaksin still dominates Thai politics nearly 20 years after he was deposed by a military coup and exiled for most of that period. This time, his political power and influence are being exercised through his daughter Ms Paetongtarn. As the Shinawatra clan has been coopted by its former establishment adversaries, the past two decades of periodic elections, street protests, two military coups, two constitutions, and multiple judicial bans on political parties and elected politicians have entered a new chapter.
Q2 GDP growth may be misleading
News, Chartchai Parasuk, Published on 22/08/2024
» I eagerly awaited the release of the Q2/2024 GDP growth figure which became available on Monday. The 2.3% growth figure, presented by the Office of the National Economic and Social Development Council (NESDC), did not surprise me. A friend had warned me that the quarterly growth could be as high as 2.5%, even though my estimation for the quarter was only 1.0%.
PM must reflect on fate
News, Editorial, Published on 19/08/2024
» As quick as the wind blows, Thailand has filled the void in leadership following the Constitutional Court's removal of Prime Minister Srettha Thavisin.