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Search Result for “financial services”

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OPINION

Financial crisis looms over Thailand

Oped, Chartchai Parasuk, Published on 25/01/2024

» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.

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OPINION

Asia is fighting back against the diversity backlash

News, Published on 24/01/2024

» A new year always brings some hand-wringing about how little headway we've made to achieve equality in the workplace. Complicating the picture: Corporate diversity programmes are facing a backlash, particularly in the US, where a court ruling on affirmative action has reverberated through boardrooms.

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OPINION

Lower-income nations' jab lessons

Oped, Published on 24/01/2024

» There was a global sigh of relief when the World Health Organization (WHO) declared in May 2023 that Covid-19 was no longer a public-health emergency of international concern. But there is no room for complacency. The pandemic has represented an urgent warning about weak health systems and has served as an impetus to strengthen them ahead of a possible new variant or the emergence of a new pathogen.

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OPINION

AI set to reinforce Big Tech's dominance of economy

Oped, Published on 19/01/2024

» With long-gestating antitrust cases against Google, Apple, and Amazon coming to fruition, many observers think that 2024 could be a turning point for Big Tech. Yet even as authorities press ahead with this litigation, they risk being blindsided by the rise of artificial intelligence, which is likely to reinforce Big Tech's dominance of the economy.

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OPINION

Braving hurdles for green transport

News, Sumet Ongkittikul, Published on 10/01/2024

» 'Match your words with your actions." That was the message from teenage climate activist Greta Thunberg when she sailed across the Atlantic Ocean in 2019 instead of flying to attend the United Nations Climate Action Summit in New York.

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OPINION

Will foreign investors still be wooed?

Oped, Chartchai Parasuk, Published on 28/12/2023

» This is my last article for 2023. Appropriately, I should write about the 2024 economic outlook but I have decided to postpone that to be the first article of 2024 as the analysis might be too unpleasant to digest right now. However, I will leave a "teaser" for readers to ponder over during the long holidays. As such, I am left with two choices: an article about informal debt -- I estimate outstanding debt to be over 400 billion baht and that it could have strong ties with grey money -- or an article about Thailand's ability to attract foreign investors, as our Prime Minister Srettha Thavisin travels all over the world to attract them. In the end, I opted for the latter.

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OPINION

Debtors rock but creditors may not roll

Oped, Published on 26/12/2023

» In its latest World Economic Outlook, the International Monetary Fund (IMF) reported that a rising share of countries -- 56% of low-income countries and 25% of emerging markets -- are "in or at high levels of debt distress".

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OPINION

'Generation Dupe': Why Gen Z loves knockoffs

News, Published on 23/12/2023

» Parents of Gen Z might be surprised to find knockoffs on their children's wish lists this holiday season. More affectionately called "dupes", cheap imitation purses, beauty products and other items have become all the rage with Gen Z and younger millennials. Buying knockoffs is a tradition going back generations, but the new twist is publicly outing yourself as owning and wearing them.

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OPINION

Climate-smart rice farming the future

Oped, Published on 23/12/2023

» Rice is Thailand's most important food crop and an integral part of Thai culture and society. At the same time, rice farmers remain among the poorest occupational groups in Thailand and are extremely vulnerable to the impacts of a changing climate -- rice farming is a water-intensive and temperature-sensitive activity conducted in a climate that is becoming increasingly characterised by longer dry spells and higher temperatures.

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OPINION

Thailand's interface with new FTAs

News, Vitit Muntarbhorn, Published on 21/12/2023

» The power of data in the expanding panorama of digital trade is becoming an essential component of commercial relations, especially recent free trade areas (FTAs). As Thailand is now exploring new agreements on its western flank (such as with South Asia, Gulf countries and Europe) and on its eastern flank (such as with Pacific rim countries, interlinking with the Indian Ocean), what are some of the stakes deserving careful reflection?