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Search Result for “banking partners”

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OPINION

Implications of conservative triumph

Oped, Thitinan Pongsudhirak, Published on 13/02/2026

» The incumbent and conservative Bhumjaithai (BJT) Party has surprisingly swept Thailand's Feb 8 election with a commanding win. With the previously poll-leading and progressive People's Party (PP) coming in a distant second, Thailand appears headed for a conservative coalition government revolving around BJT and like-minded junior partners. Known for its conservative stance and being pro-status quo, it would not be surprising if the BJT-led coalition government, led by Prime Minister-elect Anutin Charnvirakul, were not challenged by the Constitutional Court, the Election Commission, and other supervisory agencies, which have derailed and dissolved reform-minded winning parties in the past.

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

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

Southeast Asia amid the US-China rift

Oped, Thitinan Pongsudhirak, Published on 03/10/2025

» The rivalry between the United States and China has become the defining contest of the 21st century. Barely two decades ago, Washington and Beijing were partners in prosperity. America's support for China's entry into the World Trade Organization in 2001 epitomised the high-water mark of engagement, reflecting the belief that economic integration would lead to greater political cooperation. Today, that partnership has morphed into suspicion and confrontation. Relations between the United States and China have deteriorated so swiftly that many observers now describe them as locked in a "new Cold War". The more pressing question, however, is not whether this analogy holds, but whether confrontation can be managed short of outright conflict.

OPINION

Thailand's costly political shenanigans

Oped, Thitinan Pongsudhirak, Published on 22/08/2025

» In a country of 70 million where a handful of men can remove an elected government time and again, there can be no stability and progress, only tension and regression. This is how Thailand can be characterised over the past two decades. It is now going through yet another cycle of heightened political instability with the potential collapse of the government under suspended Prime Minister Paetongtarn Shinawatra in the footsteps of previous leaders who were similarly ousted by the Constitutional Court.

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

PM's crisis and Thai political directions

Oped, Thitinan Pongsudhirak, Published on 27/06/2025

» What began just a month ago as a minor border dispute with Cambodia has spiralled into an existential political crisis in Thailand. In what she understood to be a private phone conversation with Cambodia's former prime minister and Senate President, Hun Sen, Prime Minister Paetongtarn Shinawatra compromised her premiership and undermined Thai national interests. While she tries to ride out the storm, her tenure appears wobbly and unworkable. What comes next will likely proceed in one of three directions revolving around the Thai parliamentary processes, each with its own scenarios and considerations.

OPINION

Thailand's false sense of tariff security

Oped, Thitinan Pongsudhirak, Published on 30/05/2025

» Thailand is in deeper trouble among its peer group in view of United States President Donald Trump's tariff offensive. Yet senior Thai officials appear nonchalant, complacent and smug. They seem to think Thailand will come out of the US tariff war in good shape as the Trump administration will prove unable to go through with its hefty import duties. The domestic political battle between the US executive and judicial branch -- with the Court of International Trade's injunction this week on most of the Trump tariffs -- further adds to the absurd sense of security and false perception of Thailand's importance by Thai officials.

OPINION

Trump tariffs sow divisions in Asean

Oped, Thitinan Pongsudhirak, Published on 02/05/2025

» President Donald Trump's unilateral imposition of tariffs across the United States' economic chessboard poses a critical test for Asean. As the regional organisation of Southeast Asia, Asean has weathered many geopolitical and geoeconomic storms in its 58-year existence, but no adversity like the Trump tariffs. Unless Asean reorganises and regroups, the ten-member body risks further divisions and increasing irrelevance.