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Search Result for “yield curve”

Showing 1 - 10 of 25

OPINION

Thailand hit by a confluence of crises

Oped, Thitinan Pongsudhirak, Published on 05/12/2025

» Thailand is currently facing multiple crises of unprecedented proportions in the highest corridors of power that will pose adversity for the economy and political stability next year and beyond.

OPINION

No-confidence and poll date in flux

Oped, Thitinan Pongsudhirak, Published on 14/11/2025

» Amid the drumbeats of military conflict with Cambodia, Thailand's political environment is evidently unruly and unsettled. The minority government of Anutin Charnvirakul, the third prime minister from the third largest-winning party since the latest national election in May 2023, is hard-pressed to stay in office beyond the four-month "Memorandum of Agreement" between his Bhumjaithai Party (BJT) and the People's Party (PP), the largest camp in the national assembly.

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

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

Myanmar's civil war after four years

Oped, Thitinan Pongsudhirak, Published on 31/01/2025

» Four years after its military coup and consequent civil war, Myanmar's spotlight in global headlines continues to dim as geostrategic reorientations and realignments among the major powers take centre stage. Dramatic and drastic foreign policy changes are afoot in the United States under the second administration of President Donald J Trump, while the European Union faces an existential threat from Russia's aggression in Ukraine, and Japan is mired in political sclerosis at home. Myanmar's fate and future will thus likely be determined by the course and outcome of its civil war, China's expanding influence in the country and Asean member states' manoeuvres to a lesser extent.

OPINION

Thailand's policy on Myanmar stinks

Oped, Thitinan Pongsudhirak, Published on 23/06/2023

» The latest move to coddle and recognise Myanmar's junta government by caretaker Prime Minister Prayut Chan-o-cha's outgoing regime does not add up. Sanctioned and supported by Gen Prayut, Foreign Minister Don Pramudwinai arranged an Asean-wide ministerial meeting in Pattaya on June 18 with Myanmar's junta-appointed Foreign Minister Than Swe with unusual haste. Shrouded in controversy and desperation, both the PM's and the FM's clichéd explanations just do not wash. It begs the question of whether there are vested interests involved, above and beyond Thailand's national interest, in the outgoing government's seeming acceptance of Myanmar's military regime that took power by force on Feb 1, 2021.

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

The politics of post-poll govt formation

Oped, Thitinan Pongsudhirak, Published on 21/04/2023

» As the campaign season heats up ahead of Thailand's poll on May 14, voter surveys have consistently indicated that the momentum favours the opposition Pheu Thai (PTP) and Move Forward (MFP) parties well ahead of the government side, comprising Palang Pracharath (PPRP), United Thai Nation (UTN), Bhumjaithai (BJP) and Democrat (DP) parties. On the personal popularity of prime minister candidates, survey results similarly suggest that the MFP's Pita Limjaroenrat and the PTP's Paetongtarn Shinawatra are neck and neck, followed by the PTP's Srettha Thavisin and the UTN's and incumbent premier Prayut Chan-o-cha.

OPINION

Apec's geopolitics and geoeconomics

Oped, Thitinan Pongsudhirak, Published on 11/11/2022

» The upcoming leaders' meeting in Bangkok among the 21 member economies of the Asia-Pacific Economic Cooperation (Apec) should be seen in conjunction with its preceding Asean-related summits in the Cambodian capital of Phnom Penh and the G20 summit in Bali, the Indonesian island resort. This one-two-three combination in three Southeast Asian countries over a ten-day period is supposed to showcase Asean's central role in the promotion of peace, security and prosperity in the region and the wider world. But as Asean's summit season gets underway in Cambodia, excitement and promise have given way to anxieties and apprehensions. While these summit talks are an extraordinary opportunity to tone down geopolitical temperatures and geoeconomic competition, they are likely to yield mixed results.

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.