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Search Result for “fund transfer”

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OPINION

Impacts of Iran war on Southeast Asia

Oped, Thitinan Pongsudhirak, Published on 20/03/2026

» For the most part, Southeast Asia as a region has taken a neutral stance toward the joint attack between the United States and Israel against the Islamic Republic of Iran. Even the Philippines and Thailand, two formal US treaty allies, have distanced themselves, calling for restraint and de-escalation.

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

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.

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

Remembering a Southeast Asianist

Oped, Thitinan Pongsudhirak, Published on 26/07/2024

» It is not often these days to find scholars of Southeast Asia with exceptional breadth and depth, prescience, and commitment who stick to their creed until the end. In the pantheon of such rare scholars, Benedict O'Gorman Anderson, who died in 2015, would have led the way. James C Scott would be right beside him in a distinctly different fashion.

OPINION

Prospects at home and abroad in 2024

Oped, Thitinan Pongsudhirak, Published on 05/01/2024

» Overlooked but deeply consequential, 2024 will be the first time in a decade that Thailand is ruled by a civilian-led government. Whatever frustration and disenchantment that arise this year, memories must not run short. Thailand suffered deeply under the coup-backed regime of Gen Prayut Chan-o-cha. Seeing his back is politically good riddance, and having Srettha Thavisin as a thoroughly civilian and pro-business prime minister bodes well for the country. Yet Mr Srettha has his work cut out to boost the economy, address constitutional reform, restore Thailand's international standing, and stay in office into next year amid the global economic slowdown.

OPINION

The tide of history shifts in Thai politics

Oped, Thitinan Pongsudhirak, Published on 02/06/2023

» Notwithstanding the ongoing political shenanigans by appointed agencies to shape final outcomes after the May 14 poll, Thailand already will never be the same again. The Move Forward Party's (MFP) victory as the largest winning side, with 151 out of 500 parliamentary seats, is profound but not unprecedented. Together with the Pheu Thai Party's 141 MPs, these two opposition parties are unwittingly sending a message to each other and to the broader political establishment that the curve of Thai history is shifting tectonically. Failing to grasp and adjust to this evolving tide of history could marginalise Pheu Thai and challenge the establishment to its core foundations.

OPINION

Cambodia and Laos in the regional mix

Oped, Thitinan Pongsudhirak, Published on 30/09/2022

» As geopolitical tensions from Russian aggression in Ukraine and the ongoing United States-China rivalry intensify, Southeast Asia will be hard-pressed to maintain peace and security. Despite their relatively small size, Cambodia and Laos are two countries whose political trajectories will shape regional outcomes. While Cambodia has consolidated domestic political power with dynamic economic expansion, Laos is looking like a regional laggard facing a deep debt crisis. As Cambodia moves forward, Laos is at risk of being left behind.

OPINION

Where have the media reformers gone?

Oped, Thitinan Pongsudhirak, Published on 18/02/2022

» After two decades marked by two military coups in 2006 and 2014, Thailand is supposed to be a "reformed" country by now. While all kinds of reforms were promised with each military takeover -- from political parties, parliament and constitution to the bureaucracy, military and police -- none has taken place. In fact, pledged reforms have gone in the opposite direction in the past. Nowhere is this reaction and restoration of old power and interests more evident than in Thailand's media industry.

OPINION

Reopening a good bet with high costs

Oped, Thitinan Pongsudhirak, Published on 12/11/2021

» Nearly two weeks into Thailand's official reopening during the Covid-19 pandemic, it is time to evaluate the country's vaccine management plan, economic costs and prospects of recovery. While the reopening is worth the attendant risks, Thailand is paying a disproportionately high price for earlier mistakes and the government's mismanagement. As the reopening phase builds up, the Thai economy is likely to see a weak and tentative recovery trajectory with medium-term challenges and question marks.