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Search Result for “market volatility”

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OPINION

The gist of Thai politics over 20 years

Oped, Thitinan Pongsudhirak, Published on 20/02/2026

» Thailand's democratic institutions have been repressed and kept weak to the point that confusion still prevails almost two weeks after the Feb 8 election, which purportedly showed a clear victory for the ruling Bhumjaithai (BJT) Party under Prime Minister Anutin Charnvirakul. On the one hand, Mr Anutin and BJT stalwarts are busy forming a coalition government with other parties. On the other hand, fraud allegations from civil society groups and the opposition People's Party have reached a critical mass with the plausibility that the recent vote might be nullified to pave the way for a new poll.

OPINION

Trump's 'America First' in overdrive

News, Thitinan Pongsudhirak, Published on 23/01/2026

» President Donald Trump's extraterritorial capture of Venezuelan President Nicolas Maduro and his wife on cocaine-trafficking and terrorism-related charges earlier this month and repeated demand to take over Greenland at the World Economic Forum this week are part and parcel of a belligerent and transformative "America First" paradigm that dates back at least four decades.

OPINION

Domestic drivers of bilateral conflict

News, Thitinan Pongsudhirak, Published on 19/12/2025

» The latest flare-up and intensification of the armed conflict between Thailand and Cambodia should be understood less as a new crisis and more as a resumption of a bilateral clash that erupted in late July.

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

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

Signs and symptoms of Thai stagnation

Oped, Thitinan Pongsudhirak, Published on 18/07/2025

» That Thailand is faring poorly in the world is no longer in dispute. Not so long ago, many were in denial and adamant that Thailand could still bring a good game to engage abroad, that "Teflon" Thailand could bounce back. Now, just about all indicators are pointing south. The causes of this country's decline and stagnation are not singular but multifaceted over a two-decade period. As Thailand's situation is likely to worsen before hopes for a better future can arise, it is instructive to start counting the costs.

OPINION

Thai politics back at the brink (again)

Oped, Thitinan Pongsudhirak, Published on 04/07/2025

» The Constitutional Court's suspension of Paetongtarn Shinawatra from the premiership is déjà vu, exposing a pattern of systematic manipulation and concoction of political outcomes. After so many dissolutions of leading political parties and repeated bans of elected representatives over two decades, it is time to call a spade a spade. Thailand is a faux democracy. Its core foundations constitute an autocratic regime that does not really care about the country's future and the collective will of its people.

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

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.