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Search Result for “Digital wallet”

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OPINION

Shadow of old guard lingers

Oped, Editorial, Published on 06/09/2024

» The defeat of the People's Party, formerly the Move Forward Party (MFP), in the Ratcha-buri Provincial Organisation Administration election and the shooting down of the bill on decentralised transport proposed by the opposition leader almost in the same week are definitely not a coincidence.

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OPINION

Thaksin's 'vision' might be outdated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.

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OPINION

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.

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OPINION

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.

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OPINION

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.

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OPINION

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%.

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OPINION

The rise and fall of Srettha Thavisin

Oped, Kavi Chongkittavorn, Published on 20/08/2024

» While leaders come and go, they leave behind a legacy that can be mixed, varying from glory to ignominy. Only a few leave nothing much to remember. As for Thailand's 30th prime minister, Srettha Thavisin, it was cursory at best. Overall, it's a good case study on how pomposity and self-adulation affect leadership.

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OPINION

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.

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OPINION

Srettha out, what's next?

Oped, Editorial, Published on 15/08/2024

» Thai politics has again plunged into a precarious position after the Constitutional Court's judges ruled 5:4 that Srettha Thavisin is unfit to be prime minister because he appointed an ex-convict as a cabinet minister.

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OPINION

Digital wallet tokens could hit scheme

Oped, Chartchai Parasuk, Published on 08/08/2024

» I bet the government never thought of this when they thought of the Digital Wallet scheme. It probably does not make sense to it that there could be millions of people shunning pseudo money, namely Digital Wallet Tokens (DWTs). Perhaps, in the government's mind, a DWT is almost on a par with genuine money -- fiat money.