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  • News & article

    IBank finally flourishes

    Business, Wichit Chantanusornsiri, Published on 02/03/2024

    » Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.

  • News & article

    Meta can't filter politics no matter how hard it tries

    News, Published on 19/02/2024

    » Meta Platforms Inc has decided that, in a year in which at least 60 nations go to the polls, "political" content should be set to one side on its network of 4 billion people. It is, the company is making clear, no longer worth the hassle.

  • News & article

    3.2% GDP growth 'pie in the sky'

    News, Chartchai Parasuk, Published on 11/01/2024

    » This year must be my lucky year. One of the key points of this article is to underline the risk of financial crisis compared to 1997. But this time it would not come from bank failures, it would come from defaults on corporate bonds and commercial papers. The reasons are the low cash position of corporates from many years of weak economic performance and, most importantly, today's super-tight domestic liquidity to refinance matured bonds and papers. I am a little wary that readers may scorn such a bold opinion. However, out of the blue, my opinion was proven correct on Monday when Italian-Thai Development (ITD) announced the postponement of payments on its bonds due in 2024 to 2026 with a total value of 14.45 billion baht for two years.

  • News & article

    Google trial's secrecy seen as dangerous

    Oped, Published on 08/12/2023

    » The largest antitrust trial of the modern internet era, which wrapped up last month, has pitted the world's most popular search engine, Google, against the United States Department of Justice (DOJ). The case hearkens back to the DOJ's landmark lawsuit against Microsoft in the 1990s but with a critical difference: most of it was held behind closed doors. This unprecedented secrecy meant that only journalists and observers who were physically in the courtroom had access -- albeit limited -- to the proceedings.

  • News & article

    Argentina must break its vicious political cycle

    Oped, Gwynne Dyer, Published on 15/11/2023

    » Bertolt Brecht lived in Germany, not in Argentina, and he has been dead longer than he was alive, but his famous question applies to the Argentine election next Sunday: "Would it not be simpler if the government dissolved the people and elected another?"

  • News & article

    Meet the new iPhone 15 Pro Max

    Guru, Nianne-Lynn Hendricks, Published on 10/10/2023

    » Each year, with every new iPhone launch, I always thing ‘what else is left?’, ‘what more can be achieved?’, ‘how much more can Apple make it different compared to the last model launch?’ and each year I continue to be surprised and rewarded… with answers to all my questions.

  • News & article

    Pakistan's K2 porters tread between tradition and modernity

    AFP, Published on 11/08/2023

    » URDUKAS CAMP (PAKISTAN) - Under mountains that dagger the sky, a misfit caravan of Pakistani porters trudge towards K2 toting live chickens and lawn furniture for adventurers seeking an audience with the world's second-highest peak.

  • News & article

    Why do I smell tom yum kung cooking?

    Oped, Chartchai Parasuk, Published on 10/08/2023

    » Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.

  • News & article

    Why Paris financing pact failed

    Oped, Published on 21/07/2023

    » The recent Paris Summit for a New Global Financing Pact late last month was touted by its organisers, including French President Emmanuel Macron, as a groundbreaking initiative to forge a "new contract" between the Global North and South that would address climate change and foster sustainable development. The fact that most G20 leaders did not even bother to show up, however, casts doubt on the feasibility of the effort.

  • News & article

    The political fog is lifting

    News, Published on 07/01/2023

    » It has become more clear in the past few weeks who will make the cut as prime ministerial candidates of several major parties as the country begins the countdown to the next general election.

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