Showing 1 - 10 of 15
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%.
When times get tough, Thais party
News, Chartchai Parasuk, Published on 07/09/2023
» Today's article is far from being sarcastic towards or mocking Thais. On the contrary, it explains the current weakness of the economy and, more importantly, the serious implications for the effectiveness of the government's economic stimulus packages. So, this article is recommended reading for the new economic team.
Pheu Thai's cash handouts a likely flop
Oped, Chartchai Parasuk, Published on 24/08/2023
» The title of this article says it all. Pheu Thai Party's flagship economic stimulus policy of handing out 10,000 baht to all Thais aged above 16 years old, with an estimated cost of 560 billion baht, will most likely fail to stimulate (or jump-start) the economy from the recent economic slump.
Can the PM survive Year of the Tiger?
News, Published on 24/01/2022
» Enter the Year of the Tiger. But the start of the year does not augur well for the coalition government and Prime Minister Prayut Chan-o-cha.
Arkhom risks facing a losing battle
Oped, Published on 08/10/2020
» After a month of waiting, Thailand now has a new finance minister -- Arkhom Termpittayapaisith. Thais and the business community have high hopes for the new minister's ability to help stimulate the sagging economy and steer the country's economy out of the Covid-19 crisis.
Debt relief half-hearted
Oped, Editorial, Published on 03/04/2020
» As tens of millions of Thais are battered by the economic ravages of the Covid-19 outbreak, banks and financial companies have recently come up with "financial relief measures" to help customers going through these hard times.
Wake up and ‘smell’ the boiling water
News, Wichit Chantanusornsiri, Published on 10/01/2019
» Despite the uncertain date of the long-awaited election, political parties have intensified their poll campaigns, offering tempting policies to attract voters. A quick look at the campaign pledges of the competing parties suggests they want to turn Thailand into a welfare state. That would be a tough task.
Bridge inequality gap or worse will follow
News, Decharut Sukkumnoed, Published on 13/12/2018
» The latest annual Global Wealth Report by Credit Suisse (CS) ranked Thailand as one of the countries with the highest rates of economic inequality, stunning many people, including policymakers.
Rethinking our attitude towards populism
News, Wichit Chantanusornsiri, Published on 06/12/2018
» The new package intended for the poor, valued at 38 billion baht issued by the Prayut Chan-o-cha administration ahead of the election, is seen by critics as a populist tactic aimed at maximising political gain. Yet in my opinion, it's time we took a new look or changed our attitude toward populist policies. The fact is that all governments, elected or not, tend to embrace populism and even though some packages may not benefit the middle class, populist policies are just inevitable.
Will regime keep three key pledges for 2018?
News, Soonruth Bunyamanee, Published on 03/01/2018
» We have kicked off 2018 -- with the hope that there will be changes ahead.