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Search Result for “billionaires”

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OPINION

What's happened to the Asian Century?

Oped, Thitinan Pongsudhirak, Published on 14/02/2025

» Until recently, the "Asian Century" seemed a compelling narrative but now it is not what it used to be. It was supposed to herald a shift in global economic power from the West to the East, driven by China's rapid rise, India's economic dynamism, and the broader development of Asia. But a quarter of the way into the 21st century, the promise of Asian dominance appears less certain. The enduring technological and economic might of the United States, coupled with its geopolitical backlash against China, has lowered expectations. While Asia remains formidable, the trajectory of global power is open and fluid, with potential dominance shifting not necessarily to any nation or region but perhaps to a non-state entity.

OPINION

Misguided myopia of asking the rich

Oped, Thitinan Pongsudhirak, Published on 24/04/2020

» Prime Minister Prayut Chan-o-cha's initiative to seek more cooperation and assistance from Thailand's 20 wealthiest billionaires is understandable. Thailand needs all the help it can get to handle and manage the social and economic ravages of the coronavirus (Covid-19) crisis. But making an appeal in writing from the top to the country's richest is short-sighted and misguided on many levels. It displays a government at the end of its tether and a leader who is being forced to own up to mismanaging the country for the past six years.