Showing 1 - 5 of 5
Why Thailand must protect its international reserves
News, Sawai Boonma, Published on 04/11/2015
» On the basis of its international reserve holdings of over $160 billion (4.4 trillion baht), Thailand has been a member of the rich-nation club for many years now.
More effort needed on sufficiency economy
News, Sawai Boonma, Published on 07/10/2015
» Prime Minister Prayut Chan-o-cha's trip to New York to attend the United Nations summit generated a great deal of attention among Thais, including those in the United States. Some organised a protest near the United Nations headquarters while many more showed up to express their support. A large number who could not go to New York gathered in Los Angeles to air their views.
Is lower growth a 'sustainable' blessing in disguise?
News, Sawai Boonma, Published on 04/02/2015
» Economic numbers and growth prospects seem to make few people happy these days. But unless we are among the desperately poor or unemployed with few prospects of changing our lot, perhaps we should not feel bad.
Keep a keen eye on the advisers, not just the NCPO
News, Sawai Boonma, Published on 06/08/2014
» Recent days saw the 100th anniversary of the beginning of World War One and the latest default by Argentina on its international debt.
Pawning rice is worse than pawning Thailand
News, Sawai Boonma, Published on 05/12/2012
» Since the launching of the rice-pawning scheme a few months ago ("pawning" is not only a correct translation of the Thai word jam nam but also reflects the sense of the scheme better than the "pledging" that many writers have used), two areas have been analysed most thoroughly: its potential impact on the budget and national debt, resulting from the large losses that will occur, and the corruption that is due to happen at various steps of the scheme. Some analysts go so far as to say that losses from this scheme will bankrupt the country and pawning rice is tantamount to pawning the country.