Showing 1 - 10 of 329
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
Who pays the price?
Oped, Postbag, Published on 18/05/2024
» Re: "Clean air comes before animal feed", (Editorial, May 12).
Taking on Bangkok's punishing heat
Oped, Danny Marks, Published on 03/05/2024
» As scorching temperatures blanket Thailand, setting new records in several regions, Bangkok and its outskirts are enduring the full force of the relentless heatwave. Bangkok sizzled under a heat index exceeding 52C on Tuesday, a measure that combines temperature and humidity to reflect how hot it actually feels. Tragically, heat-related fatalities in the country have reached 30 this year alone. A recent study reveals the unequal impact of urban heat intensity on Bangkok's residents, with lower-income individuals facing heightened heat stress during daily activities and rest.
2024 financial crisis may be a silent one
Oped, Chartchai Parasuk, Published on 04/04/2024
» When an economy faces a financial crisis, it can create a big bang like the mass collapse of financial institutions such as during the Great Depression of the 1930s, the Thai Tum Yum Kung crisis of 1997, the Japanese financial crisis in late 1997, and the US Hamburger crisis of 2008.
Gucci’s China shock reverberates across luxury landscape
Published on 24/03/2024
» Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci.
Structural flaws impede our economy
Oped, Chartchai Parasuk, Published on 21/03/2024
» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.
Time to calm down about plastics
News, David Fickling, Published on 29/02/2024
» How to deal with the waste generated by the half-billion metric tonnes of plastic manufactured each year? One approach is to consume fewer polymers, recycle them more, and stop the rest from getting into the natural environment. Another is to declare the whole process a scam and hope the problem will somehow go away of its own accord.
Don't fault African nations for producing more oil
News, Published on 02/02/2024
» Nigeria inaugurated the US$20 billion (709.2 billion baht) Dangote Oil Refinery, a 650,000 barrels-per-day facility that represents a new phase in Nigeria's petroleum sector.
India's great employment challenge
News, Published on 22/01/2024
» India seems to be a favourite growth story nowadays. Despite valid concerns about the accuracy of official statistics, the economy is projected to expand by 6.3% in 2024 -- an undeniably remarkable feat given that its GDP exceeds $4.1 trillion. While it remains a lower-middle-income country with a per capita income under US$3,000 (106,500 baht), its rapid growth suggests that its economic potential may be greater than expected. But any optimism about economic prospects must be tempered by its inability to address two challenges. The first is the unequal distribution of the benefits of rapid economic growth, which have accrued predominantly to the top 10–20% of income earners.
An early look at the 2025 market
News, Published on 12/01/2024
» The 2024 oil market is still in its infancy, but attention is already shifting to 2025. If the global economy is starting to abandon its oil addiction, as optimists contend, the first signs of the energy transition should emerge by next year. Spoiler alert: early indications are that the beginning of the end of the fossil-fuel industry remains elusive.