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Search Result for “Malaysia banking”

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OPINION

Three main parties and two directions

Oped, Thitinan Pongsudhirak, Published on 16/01/2026

» Although Thailand's election campaign is reaching fever pitch ahead of voting day on Feb 8, the dynamics and contours of its final outcome can be gleaned from past polls over the last 25 years. Only once in January 2001, as was indicated in this space last week, were voter results fully honoured and carried out. Other elections were either upended by military coups or manipulated by judicial interventions.

OPINION

Another wasted year in Thai politics

Oped, Thitinan Pongsudhirak, Published on 26/12/2025

» As Thailand winds down 2025 with an early election looming on Feb 8, the most consequential issue to watch in the coming year will be whether recent topsy-turvy political patterns of polls, protests, and military and judicial interventions give way to a compromise between the old guard clinging on to vested interests and the new generation clamouring for reform and change.

OPINION

Domestic drivers of bilateral conflict

News, Thitinan Pongsudhirak, Published on 19/12/2025

» The latest flare-up and intensification of the armed conflict between Thailand and Cambodia should be understood less as a new crisis and more as a resumption of a bilateral clash that erupted in late July.

OPINION

Digesting Trump's trip through Asia

Oped, Thitinan Pongsudhirak, Published on 07/11/2025

» Storming through Asia last week, US President Donald Trump's first stop in Kuala Lumpur on Oct 26, before moving on to Japan and South Korea over the next four days, capped by his meeting with Chinese President Xi Jinping before returning to Washington, was the most consequential for Southeast Asian economies.

OPINION

Asean's regroup requires deep reforms

Oped, Thitinan Pongsudhirak, Published on 17/10/2025

» If Asean's 58 years thus far have been about resilience and playing a central organising role in promoting regional security and stability, its next decade will determine whether the Southeast Asian bloc can adapt and remain relevant. After the crises in Myanmar and along the Thai-Cambodian border, Asean's credibility has never been more in doubt. To regain its effectiveness as Southeast Asia's one and only agency, Asean needs to move away from the ritualistic diplomacy of mundane meetings to far-reaching reforms that chart new ways of making things work.

OPINION

Flawed Asean needs to regain footing

Oped, Thitinan Pongsudhirak, Published on 10/10/2025

» Nearly six decades after its founding, the Association of Southeast Asian Nations (Asean) finds itself back where it began -- divided, uncertain, and vulnerable to the influence of major powers. Once hailed as a model for regional cooperation in the developing world, Asean now faces a crisis of purpose. Unless it can rediscover the unity and collective way forward that defined its early decades, Southeast Asia's flagship institution risks slipping into irrelevance.

OPINION

Thai-Cambodian feud is Asean's worst

Oped, Thitinan Pongsudhirak, Published on 15/08/2025

» The border dispute and consequent military conflict between Cambodia and Thailand in recent weeks have become Asean's worst crisis in its 58 years of existence. Ironically, it was an intra-regional war between Indonesia and Malaysia that gave rise to Asean in 1967, but now an intra-Asean military clash is undermining the Southeast Asian organisation's core reason for being and its main claim to credibility and prominence. Unless Asean, under Malaysia as its rotational chair this year, moves fast to contain the bilateral dispute and reinforce a delicate ceasefire agreement, Southeast Asia will be looked upon increasingly as a region and less as an organisation of member states.

OPINION

Singapore turns 60 with much to show

Oped, Thitinan Pongsudhirak, Published on 08/08/2025

» No country turns 60 like Singapore. In a neighbourhood of political dynasties and varying shades of autocracies and flawed democracies, the little island state of six million got lucky with its strongman rule. When he died in 2015, Singapore's patriarchal founder Lee Kuan Yew left a great country behind. This weekend, Singaporeans can take stock of what's gone by and rightly celebrate its milestone with much to show for.

OPINION

Signs and symptoms of Thai stagnation

Oped, Thitinan Pongsudhirak, Published on 18/07/2025

» That Thailand is faring poorly in the world is no longer in dispute. Not so long ago, many were in denial and adamant that Thailand could still bring a good game to engage abroad, that "Teflon" Thailand could bounce back. Now, just about all indicators are pointing south. The causes of this country's decline and stagnation are not singular but multifaceted over a two-decade period. As Thailand's situation is likely to worsen before hopes for a better future can arise, it is instructive to start counting the costs.

OPINION

Thailand needs a geostrategic rebalance

Oped, Thitinan Pongsudhirak, Published on 06/06/2025

» With two military coups and multiple judicial interventions that combined to subvert election results and weaken democratic institutions over the past two decades, it is unsurprising that Thailand's geostrategic position has leaned increasingly towards China. Naturally, the more Thailand becomes autocratic, the more it will be estranged from established democracies in Europe and North America, as well as Japan and South Korea, with nowhere to turn but to Beijing. But this China orientation is a geostrategic mistake at this time. Thailand should correct its course until clearer signs emerge as to which side of the superpower struggle will come out on top.