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Search Result for “overseas payments”

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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

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

Thailand between the US and China

Oped, Thitinan Pongsudhirak, Published on 29/03/2024

» Amid what now has to be acknowledged as a direct non-military conflict and a geoeconomic war of sorts between the United States and China, Thailand is in a quandary. While characterising Thailand's geostrategic dilemma as a US-China binary can be exaggerated and misleading, it does have a point. As with many other developing countries in the region, Thailand will come under increasing pressure to choose between the two competing superpowers. The ability not to choose thus becomes an overarching geostrategic objective.

OPINION

Japan's dilemmas need bold answers

Oped, Thitinan Pongsudhirak, Published on 03/11/2023

» Among the big countries vying for power and influence in the fluid and contentious geostrategic arena, Japan faces the most daunting challenges. Most of the recognised major powers in Asia, from China and India to Indonesia and South Korea, are rising and aspiring for bigger roles and grander objectives, while Japan's place in the global pecking order has been in decline. The last time Japan had to confront such an existential threat to its place in the world may have been in the 1860s when the Western powers shook up and threatened to take over the isolated and inward-looking martial society.

OPINION

Srettha confronts myriad of challenges

News, Thitinan Pongsudhirak, Published on 22/09/2023

» As the coalition government of Prime Minister Srettha Thavisin gets going, it faces multiple daunting challenges, from public expectations and policy deliverables to the maintenance of political stability.

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

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

Prayut govt stuck in self-made trap

Oped, Thitinan Pongsudhirak, Published on 02/07/2021

» Thailand's multi-layered crises from persistent virus infections and vaccine shortages to economic damage are building up into a potential political upheaval. The ravaging Covid-19 crisis is worse than the infamous Tom Yum Kung economic crisis in 1997-98. This time, the military-predominant government of Prime Minister Prayut Chan-o-cha is stuck in multiple traps of its own making. Getting out of this predicament means the pandemic situation is likely to get a lot worse before any hope of recovery and way forward can be found.

OPINION

Thailand's irresponsible runaway debt

Oped, Thitinan Pongsudhirak, Published on 11/06/2021

» A major lasting damage Prime Minister Prayut Chan-o-cha will eventually leave behind is his government's co-optation and capture of autonomous agencies that used to safeguard and uphold Thailand's macroeconomic well-being and political level-playing field.