Showing 1 - 10 of 23
The twin challenges of 'climate finance'
Oped, Sarinee Achavanuntakul, Published on 07/08/2024
» As I am writing this in early August, climate finance is becoming a trendier topic in Thailand's financial and business sector. I suspect this is partly due to two recent developments: the upcoming Climate Change Act (the draft of which is making the rounds via public hearing sessions), and the Excise Department's announcement in June 2024 that Thailand aims to become the second country in Asean, after Singapore, to collect carbon tax, which is slated to start at 200 baht per metric ton of CO₂ equivalent (tCO₂e).
2024 GDP forecast is wishful thinking
Oped, Chartchai Parasuk, Published on 14/12/2023
» If one thinks 2023 was a not-so-good year for the Thai economy because GDP growth is likely below 2%, 2024 could be worse owing to three major economic risks: liquidity inadequacy, high gasoline price, and high electricity cost.
Better options to govt's cash handout
Oped, Chartchai Parasuk, Published on 19/10/2023
» The 10,000-baht cash handout scheme has been under heavy criticism. More than 100 economists, led by two ex-Bank of Thailand governors, oppose the scheme that would bring more harm than good.
A tale of liquidity and (too much) debt
Oped, Chartchai Parasuk, Published on 05/10/2023
» Before starting the article, I want to convey a message to the government. The message is "Nothing is free; everything has to be paid for". Acting like Santa Claus is nice, but the government should be aware that every handout gift comes with a price tag.
Time to adjust expectations of new govt
News, Published on 18/09/2023
» Many Thais have high expectations of the Pheu Thai-led government. They can't be blamed, because in the lead up to the election on May 14, they were bombarded with various pledges under the slogan "Think big, can do for the Thai people".
Sodium also needs taxing
Oped, Editorial, Published on 31/03/2023
» Starting tomorrow, the third stage of a tax hike on sugar-sweetened beverages (SSB) will come into effect, meaning consumers with a sweet tooth will have to pay more for soft drinks with a high sugar content.
Uncertainty ahead for Thai economy
News, Kirida Bhaopichitr, Published on 21/12/2022
» The Thai economy will face many headwinds but also tailwinds next year, mainly from the global economy and geopolitical tensions. In 2022, the Thai economy slowly recovered from the Covid pandemic as lockdowns ended and the economy was reopened to international travel.
PM kicks for touch on fuel, food prices
News, Veera Prateepchaikul, Published on 27/06/2022
» Wise men say putting the right man in the right job will get it done and done well. So when Prime Minister Prayut Chan-o-cha last week assigned the National Security Council (NSC) to take the lead in tackling energy and food problems, many eyebrows were raised, questioning the rationale of such bizarre idea.
Hardship by the gross
News, Editorial, Published on 27/06/2022
» Amid skyrocketing fuel prices, many people and even some politicians have begun to question the profits being made by private refineries. The issue angering critics and consumers is what is known as the gross refining margin, or GRM, of local oil refineries.
All must help save energy
News, Editorial, Published on 13/06/2022
» The Russia-Ukraine military conflict has given rise to surging energy prices worldwide with the price of oil now at its highest level in almost 14 years.