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Search Result for “middle income trap”

Showing 1 - 10 of 528

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THAILAND

The Aspiration Trap Fuelling Thailand’s Debt-Spend Dilemma 

Published on 30/09/2025

» Authored by:  John Wagner, Managing Director and Partner, Boston Consulting Group (BCG) Prashant Choudhary, Managing Director and Partner, Boston Consulting Group (BCG)

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GENERAL

Structural reform essential for Thai growth

Wichit Chantanusornsiri, Published on 26/09/2025

» Thailand cannot break free from the middle-income trap or achieve high economic growth without addressing the entrenched structural issues plaguing the country, says Supavud Saichuea, chairman of the National Economic and Social Development Council (NESDC).

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GENERAL

Thailand seeks to use Hong Kong's financial status to secure smart city funding

Published on 11/09/2025

» Thailand aims to use Hong Kong's status as a global financial centre to raise funds for a new smart city in its flagship economic development zone, according to the head of the megaproject's public agency.

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OPINION

From FDI to homegrown growth

Oped, Peerasit Kamnuansilpa, Published on 11/09/2025

» For decades, Thailand has leaned heavily on foreign direct investment (FDI) as the engine of growth. That strategy once delivered jobs and exports, but today it yields diminishing returns. Inflows are volatile, competitiveness is slipping, and dependence on external capital leaves the economy vulnerable to global shocks. Thailand must change course.

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GENERAL

Taking the sting out of AI

Business, Post Reporters, Published on 25/08/2025

» While some industry leaders view artificial intelligence (AI) as reducing Thai white-collar jobs, others say the technology augments jobs, enhancing creativity as those ready to learn new things should thrive.

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LIFE

Chasing a better life

Life, Thana Boonlert, Published on 11/08/2025

» Over two decades ago, Mai and his family took a train from Surin to Bangkok. Like other young people, they searched for better opportunities in the big city. Initially, they helped with chores in an exchange for shelter at a shrine. Soon, he found other jobs and a place to sleep. Since then, he has delivered charcoal to shops and collected trash. He toils long, back-breaking hours for 150 baht per day.

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OPINION

Holidays take toll

Postbag, Published on 02/08/2025

» Re: "Thailand still has chance to shine", (Opinion, July 31).

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OPINION

Thailand still has chance to shine

Oped, Peerasit Kamnuansilpa, Published on 31/07/2025

» Thailand's economy is losing momentum. Growth rates have steadily declined, from 7.2% in 2012 to just 1.9% in 2023. Without a new vision for development, the country faces the real possibility of becoming stuck in permanent stagnation. The absence of bold leadership and structural reform has left Thailand vulnerable, while its regional peers -- Singapore, China, and South Korea -- surge ahead. These countries have demonstrated that visionary and compassionate leadership, combined with political reform and good governance, can transform the economic fortunes of an entire nation.

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THAILAND

University fee subsidies linked to growth agenda

Post Reporters, Published on 16/07/2025

» More scholarships will be made available to address national priorities, including artificial intelligence (AI), semiconductors and soft power sectors such as food, tourism and sports, according to Thailand’s new higher education minister.

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OPINION

Cost, benefit of global value chain

Oped, Published on 11/07/2025

» Geopolitics are a major driver of the deglobalisation now being spearheaded by the United States. But there are also economic arguments to be made for bringing supply chains closer to home. So, what are the economic costs of globalisation, and do they outweigh the benefits?