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Search Result for “investment incentive”

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OPINION

America risks grand folly in Iran war

Oped, Thitinan Pongsudhirak, Published on 06/03/2026

» It is just the first week of the joint attack between the United States and Israel on the Islamic Republic of Iran, but the repercussions from the Middle East for the Indo-Pacific are already discernible.

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

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

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.

OPINION

A perilous era of absolute advantage

News, Thitinan Pongsudhirak, Published on 25/04/2025

» If a date had to be pinpointed, the post-Second World War international system came to an unmistakable end on April 2 -- the so-called "Liberation Day" -- when US President Donald Trump announced comprehensive "reciprocal" tariffs to a bewildered global audience. The blatantly protectionist move was equivalent to the United States' abrogation and abandonment of the rules-based international order that it ironically and instrumentally constructed and upheld over nearly eight decades. What comes now is a dangerous era of absolute advantage in global trade, investment, and finance, bent on unilateralism over multilateralism, competition over cooperation, nationalism over interdependence, and the singular quest to dominate and reshape the global pecking order under the rubric of making America "great again".

OPINION

The tyranny of anarchy and what to do

Oped, Thitinan Pongsudhirak, Published on 21/03/2025

» It is both exciting and alarming to be a student of international affairs as the world is being turned upside down. In just two months, the second administration of President Donald J Trump has sent shockwaves rippling through the international system as the United States pulls back from its role as leader, underwriter, and guardian of the nearly 80-year-old international order that it instrumentally constructed after WWII. In view of the US's portentous withdrawal, relative anarchy in the international system is back with a vengeance, leaving Asean members and smaller states elsewhere to fend for themselves in a self-help geostrategic environment.

OPINION

Smart geopolitics starts on home front

Oped, Thitinan Pongsudhirak, Published on 21/02/2025

» According to a longstanding axiom, all politics is local. If so, then smart and crafty geopolitics must start at home with sufficient domestic political stability and consensus about how the country should navigate what is increasingly a turbulent geostrategic chessboard. Put this way, few countries can appreciate the intersection of geopolitics and domestic politics more than Thailand. Its rocky and volatile home front over the past two decades continues to impede and constrain its geostrategic projection.

OPINION

Indonesia leads Asean into Brics+

Oped, Thitinan Pongsudhirak, Published on 17/01/2025

» As the new year gets underway with the looming re-inauguration of United States President Donald J Trump, countries and entire regions are having to manoeuvre and realign in view of an accelerated breakdown of the post-Second World War rules-based liberal international order.

OPINION

Thaksin's return and 2025 prospects

Oped, Thitinan Pongsudhirak, Published on 03/01/2025

» Thailand's political environment last year was marked by machinations to keep the biggest election winner, the Move Forward Party, from power and to ensure the runner-up, the Pheu Thai Party, leads a coalition government the old guard can put up with. These manoeuvres after the May 2023 poll, initially forced Move Forward into the opposition and ultimately dissolved the party while bringing Thaksin Shinawatra back from self-exile in August 2023 for a perfunctory jail sentence and installing Srettha Thavisin as prime minister over the same period.

OPINION

Two wasted decades in Thai politics

Oped, Thitinan Pongsudhirak, Published on 20/12/2024

» Now that Thaksin Shinawatra appears actively back in Thai politics, it is demoralising to look back at Thailand's wasted time and opportunities. Once a promising country on the way from democratic transition to consolidation in the late 1990s, Thailand has become semi-autocratic, and its rocky political trajectory over the past two decades is now structural. The traditional institutions of power that grew out of the Cold War have been calling the shots in earlier decades and are just unwilling to let the country move forward in the immediate years ahead.