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Search Result for “currencies”

Showing 1 - 10 of 196

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OPINION

Why the US can't win trade war with China

Oped, Published on 22/05/2024

» Allegations about China's manufacturing overcapacity have sparked heated discussions among policymakers. During her visit to China in April, US Treasury Secretary Janet L Yellen reportedly argued that "when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question", adding that it was the same story a decade ago.

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OPINION

Stark reality behind economic figures

Oped, Chartchai Parasuk, Published on 16/05/2024

» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.

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OPINION

How elections bring about a cycle of devaluation

Oped, Jeffrey Frankel, Published on 01/05/2024

» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.

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OPINION

It'll take more than patriotism to save the ringgit

News, Daniel Moss, Published on 28/03/2024

» Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the Asian financial crisis of the late 1990s. Authorities insist the ringgit is way too cheap and blame forces outside the country, chiefly high interest rates in the US. The remedies are modest, compared with the shock therapy meted out a couple of decades ago.

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OPINION

Asean's hope for Myanmar

Oped, Editorial, Published on 03/02/2024

» As the third anniversary of Myanmar's military coup fell this week, the Association of Southeast Asian Nations (Asean) has made some progress in its peace efforts for its isolated member.

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OPINION

A new policy agenda for Asia

Oped, Published on 01/02/2024

» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.

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OPINION

Promise, peril of decarbonisation

News, Published on 09/10/2023

» To limit global warming to 1.5 degrees Celsius, it is crucial to decarbonise the entire world. But pressuring emerging economies to reach net-zero emissions too quickly could lead to an explosion of dollar-denominated debt and financial volatility across the developing world. Integrating these countries into the decarbonisation effort requires a more nuanced strategy.

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OPINION

Sri Lanka's dangerous debt crisis

Oped, Published on 20/09/2023

» More than a year after the mass protest movement known as the Aragalaya ousted Sri Lanka's President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, Sri Lankans have once again taken to the streets.

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OPINION

Making Asean more relevant to youth

Oped, Published on 31/08/2023

» International Youth Day is celebrated annually in August. Growing up as a young person in Singapore in the 1980-90s, I was more in tune with the arts, music, and literature of American and British influences than I was with local and regional popular culture. I was also more familiar with Western-based landmarks, for example the Eiffel Tower, than I was with those in Southeast Asia, such as Borobudur Temple. That was how oblivious I was of the region I was living in.

OPINION

The BRICS investment dilemma

News, Published on 31/08/2023

» In an investment world trumpeting new-found ethical and sustainability guidelines, the seeming indifference of markets to democratic credentials still remains stark.