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Search Result for “billion”

Showing 1 - 10 of 11

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OPINION

Who’s afraid of peer-to-peer lending?

News, Sutapa Amornvivat, Published on 29/11/2018

» The recent announcement by the Bank of Thailand on peer-to-peer (P2P) lending rules represents a significant paradigm shift. If all goes to plan, by early next year Thailand will be among the few Asian countries, most notably China and Indonesia, to legalise this match-making platform between lenders and borrowers.

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OPINION

Thai healthcare in the digital age

News, Sutapa Amornvivat, Published on 15/08/2018

» A few weeks ago, I participated in a workshop to rethink the master plan for the Thailand Centre of Excellence in Life Sciences (TCELS), the committee of which I serve as a director. This reaffirmed my belief in Thailand's potential within the medical sciences and healthcare industry. As a country, we are already renowned as a medical service hub of Asia. With recent advancements in technology, we can further build on the strong foundations especially in the area of research and development (R&D).

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OPINION

China's rise as a global tech leader

News, Sutapa Amornvivat, Published on 15/11/2017

» All eyes are on China as it emerges as a new global leader in technology. Startups are sprouting up in Shanghai and Shenzhen with most successful ones going public at staggering IPO prices.

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OPINION

Another crack in China's financial stability

News, Sutapa Amornvivat, Published on 22/02/2017

» Last month, China's foreign exchange reserves just fell below the psychological threshold of $3 trillion. The event got people talking about yet another worldwide financial firestorm. For Thailand, things could get even rockier than in 2008 as the epicentre of the earthquake would be much closer to home this time around.

OPINION

A hopeful tale for China's old and new economies

News, Sutapa Amornvivat, Published on 16/03/2016

» Optimism was in the air for the Chinese economy at the IIF-G20 conference in Shanghai late last month. The annual forum set the stage for leaders in the financial community to share their economic perspectives and voice their concerns prior to the G20 meeting. This year, in particular, at the height of global fears of its crash landing, the crowd was listening closely for insights on how China's economic transition would unfold.

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OPINION

Megaprojects provide stimulus and long-term gains

News, Sutapa Amornvivat, Published on 17/02/2016

» The volatility in global financial markets has recently picked up again on the back of a series of mediocre economic data across the globe. Poor results for Thai exports in 2015 could very well extend further, putting a spotlight on the need for public investment more than ever. Without a doubt, the cabinet will be called upon to churn out the public infrastructure projects as promised.

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OPINION

Slow growth is a small price for reform

News, Sutapa Amornvivat, Published on 18/02/2015

» The Thai economy has gained little traction in recent months. Despite the restoration of confidence and the clearing of many legislative bottlenecks since the middle of last year, GDP growth still came in at just 0.7% in 2014. Nor have we seen any big return of momentum in domestic consumption or investment. Even during the recent New Year festivities, consumer spending was weak, despite the long holiday period. There isn't much to celebrate on the economic front.

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OPINION

Three strategies for long-term growth

News, Sutapa Amornvivat, Published on 22/10/2014

» Recent discussion of Thailand's big reform push has focused on issues of social stability. However, the economic fundamentals also need serious — if not more urgent — attention, given the economy's remarkably weak performance over the past seven years.

OPINION

Economic prosperity beckons for Laos in the AEC era

News, Sutapa Amornvivat, Published on 21/05/2014

» An interesting neighbour? Most people would immediately assume it’s Myanmar. While we cannot ignore the glittering promise of Myanmar’s emergence, I have noticed more and more that Laos is quietly becoming a force to be reckoned with as we enter the AEC era.

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OPINION

Unravelling the political Gordian Knot

News, Sutapa Amornvivat, Published on 16/04/2014

» Thai politics is no longer the art of the possible. Thailand has been without a fully functioning government for more than four months. Political unrest and legal maneuverings have intensified and complicated the conflict such that it now seems impossible to reach a viable solution.