Showing 1 - 5 of 5
Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
Rice bond sale adds new risk
Business, Wichit Chantanusornsiri, Published on 20/01/2014
» The Finance Ministry has raised 32.6 billion baht from selling bonds to repay rice farmers, a move that puts the caretaker government at risk of breaching election law.
Rice pledging scheme at a crossroads
Business, Wichit Chantanusornsiri, Published on 23/12/2013
» The liquidity-crunched rice pledging scheme is approaching a critical juncture, as the caretaker government may need to put on hold any activity associated with it until the next government is formed.
Changing the political system begins with the citizens
News, Wichit Chantanusornsiri, Published on 19/12/2013
» Incremental progress perhaps, but progress nevertheless. No longer is the public debate about the necessity of political reform, but rather when and in what form. People no longer doubt that political change is a prerequisite before tackling other problems, whether it be economic competitiveness, income inequality or educational reform. No, I believe that we have reached a tipping point, one in which all sides of the social, political and economic spectrum agree that change is necessary and overdue if Thailand is to ever move forward.