Showing 1 - 10 of 24
Taxing for a more equal society
Business, Tientip Subhanij, Published on 25/08/2017
» The issue of fairness is an important aspect in our everyday life. The conflicts that arise and the anger that permeates our society come largely from the perceived unfairness that exists when we compare our lives to those of others -- often in terms of income, wealth or opportunities.
Mid-year economic outlook: Growing with a bubble?
Business, Tientip Subhanij, Published on 30/06/2017
» For the first time in several years, the World Bank has not adjusted its global growth forecast downward, even though there are signs of new risks. It foresees the world economy recording solid growth of 2.7% this year, improving to 2.9% in 2018 and 2019 -- thanks to the improving performance of large emerging economies such as China, India and Russia and a recovery in world trade after two bad years.
Investment: A great rotation and a market bull run?
Business, Tientip Subhanij, Published on 24/02/2017
» I started investing in the stock market a long time ago and I have been through many ups and downs of stock market cycles. Given the experience, I am generally quite resilient when it comes to stock market crashes. In the nearly 10 years since the subprime crisis in 2008, the Thai stock market has performed very well. In fact, if you had been investing in Thai equities since then, you would have received a total return including dividends much higher than if you had invested in any other neighbouring countries. Over the past year alone, the SET index has gone up 22.6%.
Global economic outlook: Cautious optimism for new year
Business, Tientip Subhanij, Published on 30/12/2016
» December has come once more. To me this is the time to assess how we did the previous year and to think about what might lie ahead. I think we all agree that this has been a year of Black Swan events -- extremely surprising developments that have major consequences.
Life after the eventual Fed rate hike
Business, Tientip Subhanij, Published on 25/09/2015
» People often ask me what will happen to the value of the baht. After the US Federal Reserve's decision to hold back from raising interest rates last week, the questions have only increased. The Thai currency has depreciated a lot this year, falling by 9.57%, much more than the often-talked-about yuan devaluation, which sent that currency declining by only 2.75% so far this year. We are, however, not alone in this devaluation trend. Malaysia and Indonesia have seen their currencies tumble as much as 23% and 17.5%, respectively.
The groans of August: yuan devaluation and beyond
Business, Tientip Subhanij, Published on 28/08/2015
» The month of August does not usually bring good news to global financial markets. While it is a holiday time for many people, August has often witnessed the first signs of cracks in the global economy. We all remember the Russian debt default in 1998, the run on the British bank Northern Rock in 2007, the collapse of US financial markets in 2008 and the US loss of its AAA credit rating in 2011.
What the future could hold for Thailand: A country with vision
Business, Tientip Subhanij, Published on 27/03/2015
» 'A life without purpose is a life without destination. A country with no direction is like a boat moved by random currents into any harbour."
Building wealth in a low-interest-rate world
Business, Tientip Subhanij, Published on 27/02/2015
» Driving around the area where I live, I've been struck by how many condominium projects there are — too many, it seems to me. It is hard to understand why people want to take the risk of building them when so many exist already. I wonder who will rent or buy them. Or do project developers know something I don't?
The year of the goat could become dangerous
Business, Tientip Subhanij, Published on 30/01/2015
» Welcome to the Year of the Goat. The goat is a symbol of harmony, peace and tranquillity. Despite this, I have recently received several warning messages about how this year will turn out to be a terrible year. Personally, it is supposed to be a good year for me and my zodiac sign, but it does not seem to be the case for the world in general.
The world is getting spooky this Halloween
Business, Tientip Subhanij, Published on 31/10/2014
» Halloween is here. My mother-in-law in the US is busy picking out pumpkins for the day. Her grandchildren are busy dressing up as ghosts and witches on one of the oldest of Western holidays. Each year on Oct 31, children in costumes go from door to door to collect treats from their neighbours, while adults spend the night at frightening Halloween parties. I also have plans this Halloween and am looking forward to a good laugh.