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Search Result for “economic crisis”

Showing 11 - 20 of 13,150

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OPINION

Is Asean ready to abandon coal?

Oped, Published on 14/06/2024

» Coal remains critical for providing secure and affordable energy, supporting economic growth, and enabling a just energy transition in the Association of Southeast Asian Nations (Asean). Scrapping coal without prudent energy planning could drag Asean member states (AMS) into a self-inflicted energy crisis.

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OPINION

How Sino-American rivalry reshapes world order

Oped, Published on 12/06/2024

» Tensions between the United States and China continue to flare, even as Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and several other senior US officials visit the country for talks. The two sides may disagree on most things, but maintaining dialogue is an essential part of geopolitics. The breakdown in communication last year, following visits to Taiwan by prominent American politicians and the US downing of a Chinese spy balloon, was dangerous and destabilising, because when adversaries do not engage, misperceptions -- and the risk of a clash -- mount.

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OPINION

Macron gambles on investor faith

News, Published on 12/06/2024

» French President Emmanuel Macron has taken a serious gamble in calling early parliamentary elections. The consequences of putting politics above economic stability could be profound. Financial markets don't like unnecessary or unexpected political volatility, especially at the core of the European Union. The electorate only gets to vote at elections; financial markets get to vote every day, and so far, they're giving a thumbs down to Mr Macron's ploy.

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THAILAND

Bangna-Trad: Prime Spot for Investors in 2024

Published on 11/06/2024

» Bagna-Trad is this year’s hot location as a gateway to the Eastern Economic Corridor (EEC) special development zone, with government investment in transport driving projects along the EEC line to the three coastal airports and east to the Bangna-Trad highway.

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GENERAL

Restaurateurs likely to be hit by global, local economic woes

Business, Kuakul Mornkum, Published on 11/06/2024

» The global economic downturn and Thailand's sluggish economy are likely to have a significant impact on the local restaurant segment, even with the visa-free scheme attracting more visitors.

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GENERAL

Tourism firms seek supply-side initiatives

Business, Narumon Kasemsuk, Published on 11/06/2024

» The private sector has collectively called for attention to be paid to tourism's supply side after the prime minister insisted on refraining from the collection of a 300-baht tourism fee from foreign tourists, which was meant to be used to set up a tourism development fund.

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OPINION

Thais must join Global Peace Summit

Oped, Kavi Chongkittavorn, Published on 11/06/2024

» This weekend, Thailand will join 100-plus countries at the Burgenstock Resort in Switzerland for the upcoming Global Peace Summit. Singapore, Malaysia and the Philippines have confirmed their participation. East Timor, which is expected to become a full Asean member in the future, is also participating.

OPINION

Still haunted by Washington Consensus

Oped, Published on 11/06/2024

» In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical "ten commandments" of development.

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OPINION

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.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.