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Search Result for “loans outstanding”

Showing 1 - 10 of 17

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

Thailand's political trajectory in 2026

Oped, Thitinan Pongsudhirak, Published on 09/01/2026

» What happens in Thai politics this year and the immediate horizon will be determined by the upcoming election on Feb 8. While contesting political parties are in full campaign mode, the contemporary history of Thai polls so far in the 21st century is not encouraging. Only once in the past 25 years have voting results went the way they were meant to, in accordance with the popular will. Whether the vote in four weeks will follow the same pattern will depend on whether the conservative establishment gets its preferred outcome.

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

Trump's tariff blackmail boosts Brics

Oped, Thitinan Pongsudhirak, Published on 06/12/2024

» Even before officially taking office, United States President-elect Donald J Trump is shaking up the international system with drama and fanfare unlike any other major leader in recent memory. His most recent outburst to slap 100% tariffs on the "Brics" countries -- Brazil, Russia, India, China, and South Africa, as well as Egypt, Ethiopia, Iran and the United Arab Emirates -- is a case in point. While it will coerce developing economies to think twice about the cost of going their own way, this tariff blackmail and others like it also risk pushing smaller countries away from the US to other rival big powers, particularly China.

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

Thai charter court deserves scrutiny

Oped, Thitinan Pongsudhirak, Published on 04/08/2023

» Amid the volatility and confusion during the interim since the May 14 election, Thailand's Constitutional Court has further thickened the plot by accepting a petition to rule on whether a parliamentary vote using the meeting rules to deny the renomination of Move Forward Party leader Pita Limjaroenrat's premiership was unconstitutional.

OPINION

Post-Covid headwinds hit the region

Oped, Thitinan Pongsudhirak, Published on 14/10/2022

» As the five economies in mainland Southeast Asia re-emerge from the Covid-19 pandemic, their prospects for recovery and return to growth and development appear challenged, characterised by deteriorating balance of payments, fiscal weaknesses, currency depreciations, and rising inflation amidst global monetary tightening and recession risks.

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

Geoeconomics of the US-China tech war

Oped, Thitinan Pongsudhirak, Published on 16/09/2022

» Chinese President Xi Jinping's arrival in Central Asia this week in his first overseas travel in nearly three years is perhaps the most consequential irony of the coronavirus pandemic. As the place where the deadly pandemic began in early 2020, China was the first to swiftly and successfully suppress and contain Covid-19 within weeks, while its counterparts in North America and Europe languished for months under mounting death tolls and hospitalisations.

OPINION

Keeping democratic institutions weak

Oped, Thitinan Pongsudhirak, Published on 22/07/2022

» The worst thing one can do in Thai politics is to run for office and win by a landslide. When this happens, the knives will come out and the massive election winner will be overthrown before long -- one way or another -- because the real source of power in Thailand is unelected. Such was the fate of Thaksin Shinawatra when he spearheaded the Thai Rak Thai Party to win two landslide poll victories in January 2001 and February 2005, first a near majority and later a thumping 75% of the lower house of parliament.