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Search Result for “borrowing”

Showing 1 - 10 of 34

OPINION

Fuel panic spreads

Oped, Editorial, Published on 25/03/2026

» It is normal for people to go into panic mode during a crisis. Governments need to reassure them with reliable, enforceable plans to prevent hoarding of essential goods and fuel.

OPINION

Grasping the VAT nettle

Oped, Editorial, Published on 24/11/2025

» The proposal to raise value-added tax from 7% to 8.5% in 2028, and to 10% in 2030, by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas is a display of political courage rarely seen in a political landscape where politicians are quick to spend money in the name of "economic stimulus" but stay mum when asked how to finance the schemes.

OPINION

Time to curb spending

News, Editorial, Published on 12/05/2025

» Thailand is facing an avalanche of environmental, economic and political crises, without light at the end of the tunnel. Without stronger leadership and more effective governance, the situation is likely to worsen, driven by years of state inefficiency and neglect.

OPINION

Debt buyback carries risks

Oped, Editorial, Published on 03/04/2025

» The country's household debt is a critical issue that must be addressed, and the idea of a debt buyback is undeniably appealing. However, authorities must approach the proposal with extreme caution. The debt relief measure gained attention after former prime minister Thaksin Shinawatra raised the idea at a mayoral election rally in Phitsanulok last week.

OPINION

Debt bailout warning

News, Editorial, Published on 25/11/2024

» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.

OPINION

New lottery not the key

Oped, Editorial, Published on 10/06/2024

» The government's plan to launch a lottery scheme for pensioners is a smart move, but the proof of the pudding is in the eating. Will it be able to boost senior citizens' savings as they claim?

OPINION

Wallet fog fails to lift

Oped, Editorial, Published on 19/04/2024

» The government's announcement on the details of its digital wallet scheme on April 10 was meant to boost the popularity of both the Srettha Thavisin administration, as well as the Pheu Thai Party.

OPINION

Isoc needs major review

Oped, Editorial, Published on 07/11/2023

» The Srettha Thavisin administration's decision to keep the Internal Security Operations Command (Isoc) is a reminder to voters that politicians are prone to changing their minds as soon as they become a part of the government.

OPINION

Support virtual banks

News, Editorial, Published on 24/07/2023

» Last week, the Bank of Thailand (BoT) decided it will grant only three virtual bank licences in the initial phase of introducing advancements in financial services. While this decision has disappointed other operators, many take this as a debut for virtual banking services in the country.

OPINION

The perils of populism

Oped, Editorial, Published on 04/03/2023

» The upcoming election isn't only inducing the spirit of democracy as well as sheer excitement over the pending political dramas and rivalries. It is also taking us back to populism -- a political approach that tries to win over the hearts of ordinary people who feel their concerns have been sidelined by the established elite groups. In populism, personable politicians offer generous welfare policies to cater to the needs of their voters.