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Oligarchical market control isn't healthy
Oped, Pavida Pananond, Published on 02/12/2022
» On the face of it, the government of Prime Minister Prayut Chan-o-cha seems to be saying the right things about sustainable and inclusive growth. The prime minister himself has been touting a Bio-Circular-Green (BCG) economic model for Thailand, pitching it as the overarching theme of the recently concluded Asia-Pacific Economic Cooperation leaders' meeting. Yet, the political economy hidden underneath Gen Prayut's lofty rhetoric is becoming more short-term and exclusive, allowing wealth to be concentrated in fewer hands, giving a handful of conglomerates oligarchical control over the market.
Marathon debacle a wake-up call
News, Pavida Pananond, Published on 19/11/2015
» Thailand wants to go places. It wants to rise up in world rankings. Although its military leaders sometimes feign ignorance and defiance as if the world revolves around Bangkok, not the other way around, it does seek global recognition in many ways. A case in point is the Ministry of Tourism's promotion of the country as a key destination for sports tourism to tap the surging popularity of sporting events such as running, cycling, and even triathlon.