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Search Result for “social contract”

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OPINION

Banks that don't want money bode ill

News, Chartchai Parasuk, Published on 11/07/2024

» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.

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OPINION

Govt, BoT spat may not be economic

Oped, Chartchai Parasuk, Published on 09/05/2024

» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.

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OPINION

Why the economy is heading for a crisis

Oped, Chartchai Parasuk, Published on 02/05/2024

» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.