Showing 1 - 10 of 367
Zombie banking deepens economic woes
News, Chartchai Parasuk, Published on 19/09/2024
» This is the second of three articles, following the earlier article "Problems with Dr Thaksin's Visions". The series will end with an article titled "Call for a paradigm shift".
Seed bomb threat to forest ecology
Editorial, Published on 01/09/2024
» Despite public concern over invasive species like the blackchin tilapia, which is rapidly spreading and threatening river and marine ecosystems nationwide, forest authorities are now putting rainforests at risk by seed bombing with non-native species. This reckless action must stop.
The US dollar is a problem for everyone
Oped, Published on 20/08/2024
» In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that "the dollar is our currency, but it's your problem". Connally was being unexpectedly candid about the fact that, even though the greenback was the world's main reserve currency, its foremost purpose was to advance US interests.
Digital wallet scheme poses credit risk
Oped, Chartchai Parasuk, Published on 25/07/2024
» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.
How to finance the 2025 fiscal budget
Oped, Chartchai Parasuk, Published on 27/06/2024
» The 2025 fiscal budget is supposed to be historic, aiming to turn around the sagging Thai economy. But it is going by almost unnoticed. The first reading of the Budget Bill passed with an overwhelming "yes" vote of 311 to 175. The debates were subdued and made few headlines. The second vote is expected on Aug 3. After passing the third vote by the House of Representatives, the 2025 budget will go to the Senate for final approval.
The hazard of lower interest rates
Oped, Published on 20/06/2024
» When interest rates decline and stabilise, financial-market participants tend to take on greater leverage and risk. The challenge for regulators, then, is to prevent those risks from becoming systemic and causing a broader economic crisis.
2% inflation targets wiggle room
News, Published on 11/06/2024
» This week's milestone G7 interest rate cuts dispel any notion that hitting 2% inflation targets spot on is a precondition for central bank moves or indeed sensible -- and may guide thinking on the Federal Reserve and Bank of England too.
Thailand wants faster inflation
News, Daniel Moss, Published on 06/06/2024
» It's hard to find a leader anywhere these days who will argue the case for faster inflation. Politicians would rather drink hemlock than call for a renewed acceleration; they are often too busy nodding sympathetically at what their opponents call a cost-of-living crisis. But there is a kingdom where calling for more elevated prices, sooner, isn't off limits. In fact, the government embraces the concept.
The rise of the 'Finternet' reality
Oped, Published on 28/05/2024
» The financial system is ready for a giant leap forward. It's time to explore new frontiers. We foresee a time when applying for a mortgage or a small business loan could be as easy as texting a friend or booking a hotel room online.
Govt, BoT spat may not be economic
Oped, Chartchai Parasuk, Published on 09/05/2024
» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.