Showing 1 - 10 of 241
2011 all over again?
Oped, Postbag, Published on 31/08/2024
» Re: "Chao Phraya River basin raises flood risk", (BP, Aug 26).
Capital idea, Indonesia. Now for some reality
News, Daniel Moss, Published on 21/08/2024
» Capital cities don't just happen. They develop slowly over decades, perhaps centuries, before resembling their creator's dream -- if they ever do. Indonesia is discovering such massive endeavours are hard work and prone to delays. Economics has an annoying habit of intruding.
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 tokens could hit scheme
Oped, Chartchai Parasuk, Published on 08/08/2024
» I bet the government never thought of this when they thought of the Digital Wallet scheme. It probably does not make sense to it that there could be millions of people shunning pseudo money, namely Digital Wallet Tokens (DWTs). Perhaps, in the government's mind, a DWT is almost on a par with genuine money -- fiat money.
Double standards
Oped, Postbag, Published on 03/08/2024
» Re: "Srettha defends integrity in court", (BP, July 31).
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.
Strongman Prabowo learns who really calls shots
News, Daniel Moss, Published on 27/06/2024
» There really is no such thing as a free lunch, even for an emerging market as successful as Indonesia. The incoming president, a former general, has talked boldly about turbo-charging growth and sounded dismissive about long-standing spending rules. If only he could just order investors around like a regiment.
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 popular decimation of India's democracy
Oped, Pranab Bardhan, Published on 18/05/2024
» India's ongoing parliamentary election, in which nearly a billion people casting their votes over a six-week period, should represent an extraordinary exercise of democracy. The bleak reality, however, is that the election appears poised to consolidate a decade-long process of democratic decay, which has included the decimation of liberal institutions and practices and weakening of political competition. After all, the leader who has presided over this process -- Prime Minister Narendra Modi of the Bharatiya Janata Party (BJP) -- remains wildly popular.
The future of Bangkok-Dhaka ties
Oped, Published on 25/04/2024
» With Bangladeshi Prime Minister Sheikh Hasina having arrived in Bangkok to attend the eightieth session of the Economic and Social Commission for Asia and Pacific (Escap) from April 24-29, the stage is set for Bangladesh and Thailand to embark on a journey of enhanced cooperation.