Showing 51 - 60 of 170
Global growth engines sputtering
Oped, Published on 26/04/2022
» The International Monetary Fund's revised World Economic Outlook (WEO) is sobering. It is rare for the organisation to revise down sharply its projections for economic growth just one quarter into the calendar year. Yet in this case, it has done so for 86% of its 190 member countries, resulting in a decline of almost one percentage point in global growth for 2022 -- from 4.4% to 3.6%. Moreover, this forecast is accompanied by a significant increase in projected inflation, and all this bad news is packaged in a wrapping of deeper uncertainty. There is a downward bias in the balance of risks, and inequality is expected to worsen both within and across countries.
Asean must seize new opportunities
Oped, Published on 22/04/2022
» As Asean economies continue their path to safely reopening and getting back to business, they must also manage growing economic challenges and identify how best to seize new opportunities for a resilient, inclusive, and sustainable recovery.
Scrap hidden carbon subsidies
Oped, Published on 19/04/2022
» The latest report from the Intergovernmental Panel on Climate Change should terrify policymakers and ordinary people around the world. The IPCC warns that some disastrous climate outcomes are now likely to occur not in the distant future, but within the next 15 years, or even the next decade.
Oil price volatility demands tax rethink
Oped, Chartchai Parasuk, Published on 24/03/2022
» We are living in a time of unprecedented oil price volatility. On Feb 8, the world oil price (WTI Crude) was a little less than US$90 (3,030 baht) per barrel (dpb), but a month later the price jumped violently to 124 dpb.
Serious candidate?
Oped, Postbag, Published on 24/03/2022
» Re: "Paetongtarn tipped as candidate for PM," (BP, March 22).
Fuel subsidies need thought
News, Editorial, Published on 21/03/2022
» Russia's invasion of Ukraine has pushed up global oil and gas prices as well as inflation, forcing the government to pour more cash into fuel price subsidies.
Decarbonising the palm oil industry
Oped, Published on 09/03/2022
» The urgency to act on the climate crisis has never been greater. The ongoing Expo 2020 in Dubai focuses on creating sustainable links between food, agriculture, and livelihoods. And building on the outcomes of COP26, the upcoming Middle East and North America Climate Week will help regional stakeholders identify actionable climate change opportunities.
Hiked wages could ease current slump
Oped, Chartchai Parasuk, Published on 24/02/2022
» Before getting to the main story of raising wages, I have a point of concern to raise. That is the unusual movement of Thai baht exchange rates. Theoretically, this is the time the baht should be depreciating because of rising current account deficits due to the high prices of imported oil.
Tonic needed as inflation is here to stay
Oped, Chartchai Parasuk, Published on 27/01/2022
» Inflation is, and will be, the number one economic issue of 2022. All countries are facing rapid rises in consumer prices which is threatening not only their economic recovery from the Covid outbreak but also the stability of many governments. The US consumer price index (CPI) hit a 39-year high at 7% in December 2021, prompting Goldman Sachs to predict that the Federal Reserve Board might raise interest rates four times this year.
Omicron's threat to global supply chain
Oped, Chartchai Parasuk, Published on 13/01/2022
» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.