Showing 61 - 70 of 291
Thailand's central bank dependence
Oped, Thitinan Pongsudhirak, Published on 23/02/2024
» To proponents of central bank independence, the ongoing friction between Prime Minister and Finance Minister Srettha Thavisin and Bank of Thailand Governor Sethaput Suthiwartnarueput appears straightforward. The prime minister is putting unwarranted and unfair pressure on the central bank governor to spur the economy by loosening monetary policy and cutting interest rates. Yet, on closer scrutiny, the entrenched politicisation of central banking in Thailand may suggest otherwise. There is more than meets the eye in the politics of interest rate cuts.
Home free, ex-PM tycoon Thaksin unlikely to retire quietly
Published on 19/02/2024
» In his final months in self-imposed exile avoiding jail, Thailand's billionaire former Prime Minister Thaksin Shinawatra declared his time as a fugitive was over and he was ready to face the music.
Digital wallet should be implemented
Oped, Thitinan Pongsudhirak, Published on 16/02/2024
» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.
Myanmar revolts against dictatorship
Oped, Thitinan Pongsudhirak, Published on 02/02/2024
» When Myanmar's military coup took place three years ago, few thought it would turn out this way. Never has a military in Southeast Asia staged a successful coup and then failed to consolidate power afterwards. Yet this is precisely what's happening in Myanmar. A fierce and determined coalition of resistance forces is in the process of prevailing over Myanmar's battle-hardened army.
No losers, two winners in Taiwan poll
Oped, Thitinan Pongsudhirak, Published on 26/01/2024
» Among elections in Asia this year, Taiwan's is no less consequential, not just for the island country's political future but also for the United States-China rivalry and broader geopolitics. In the event, the results from the Jan 13 general election in Taiwan ended up with no major losers among the main contenders and two big wins for democracy in Asia and the geopolitical status quo.
Democracy riddle
Oped, Postbag, Published on 14/01/2024
» Re: "Déjà vu as charter court weighs MFP ban", (Opinion, Jan 12).
Deja vu as charter court weighs MFP ban
Oped, Thitinan Pongsudhirak, Published on 12/01/2024
» It is déjà vu in Thai politics this month as Thailand's biggest elected political party and its leader face Constitutional Court verdicts that could lead to a familiar dissolution and ban. At issue is the political future of Pita Limjaroenrat and the fate of the Move Forward Party (MFP), which he led to a stunning victory at the election last May. However the verdicts come out, they might be perceived by pundits as decided by the political winds of the day.
Just the tonic
Postbag, Published on 07/01/2024
» Re: "Prospects at home and abroad in 2024", (Opinion, Jan 5).
Prospects at home and abroad in 2024
Oped, Thitinan Pongsudhirak, Published on 05/01/2024
» Overlooked but deeply consequential, 2024 will be the first time in a decade that Thailand is ruled by a civilian-led government. Whatever frustration and disenchantment that arise this year, memories must not run short. Thailand suffered deeply under the coup-backed regime of Gen Prayut Chan-o-cha. Seeing his back is politically good riddance, and having Srettha Thavisin as a thoroughly civilian and pro-business prime minister bodes well for the country. Yet Mr Srettha has his work cut out to boost the economy, address constitutional reform, restore Thailand's international standing, and stay in office into next year amid the global economic slowdown.
It's an illiberal era
Oped, Postbag, Published on 05/01/2024
» Re: "Asian elections, democracy in 2024", (Opinion, Dec 29).