Showing 1 - 10 of 12
Who’s afraid of peer-to-peer lending?
News, Sutapa Amornvivat, Published on 29/11/2018
» The recent announcement by the Bank of Thailand on peer-to-peer (P2P) lending rules represents a significant paradigm shift. If all goes to plan, by early next year Thailand will be among the few Asian countries, most notably China and Indonesia, to legalise this match-making platform between lenders and borrowers.
The European Project stands on the brink
News, Sutapa Amornvivat, Published on 15/03/2017
» The feverish environment that cultivated in Donald Trump's win in the US election is brewing strongly in Europe. Next month, the French are going to cast their votes for their next president. This election is unlike others as one of the top contenders promises an exit from the Eurozone within six months. Such a move by a core member country such as France could go down in history as the beginning of the end for the grand European Project.
Recovery on thin ice with Trump presidency
News, Sutapa Amornvivat, Published on 23/11/2016
» Donald Trump's win may derail the long journey of global recovery. This seismic shift in the political landscape stems from an internal economic root cause and likely extends into dire economic consequences globally, especially for emerging markets like Thailand. After much inconsistency in Mr Trump's presidential campaign, his team that will be unveiled over the next few weeks will be critical for the global outlook next year. It seems we will be "kept in suspense" into Christmas.
Strong side effects of ultra-low interest rates
News, Sutapa Amornvivat, Published on 17/08/2016
» Worldwide growth numbers in the past few years have been disappointing. As more uncertainties arise in the global economy, central bankers are taking ever more drastic measures in desperation to save growth. In July, one month after the Brexit result, the Bank of England cut its interest rates to a historic low to stave off potential impacts from the fallout. Central banks around the world too have taken their policy rates to unprecedentedly low levels.
A hopeful tale for China's old and new economies
News, Sutapa Amornvivat, Published on 16/03/2016
» Optimism was in the air for the Chinese economy at the IIF-G20 conference in Shanghai late last month. The annual forum set the stage for leaders in the financial community to share their economic perspectives and voice their concerns prior to the G20 meeting. This year, in particular, at the height of global fears of its crash landing, the crowd was listening closely for insights on how China's economic transition would unfold.
Megaprojects provide stimulus and long-term gains
News, Sutapa Amornvivat, Published on 17/02/2016
» The volatility in global financial markets has recently picked up again on the back of a series of mediocre economic data across the globe. Poor results for Thai exports in 2015 could very well extend further, putting a spotlight on the need for public investment more than ever. Without a doubt, the cabinet will be called upon to churn out the public infrastructure projects as promised.
Mega-investment is no longer a choice
News, Sutapa Amornvivat, Published on 27/01/2016
» As the year of the monkey kicks off, anxiety abounds. For the first time in nearly half a century, no single economic power enjoys bullish prospects. In the 1980s, Japan was at the height of its "miracle" with record salaries and employment. In the 1990s, the United States rode the success of rapid technological change that created waves of new jobs as well as the dot com bubble. At the turn of the millennium, the European Union was exuberant with the promise of growth driven by a streamlined internal market and single currency. Then China's accession to the World Trade Organisation helped it re-emerge as one of the world's great economic powers, marching briskly forward even during the global financial crisis of 2008. Today, there is no comparable big winner.
Connecting with Thai 'Gen Y' consumers
News, Sutapa Amornvivat, Published on 19/11/2014
» It is quite unique for Thailand to be caught in the middle of two demographic megatrends.
Three strategies for long-term growth
News, Sutapa Amornvivat, Published on 22/10/2014
» Recent discussion of Thailand's big reform push has focused on issues of social stability. However, the economic fundamentals also need serious — if not more urgent — attention, given the economy's remarkably weak performance over the past seven years.
Hard truths behind our faltering exports
News, Sutapa Amornvivat, Published on 16/07/2014
» Thai exports have suffered a great fall. Exports contracted by 0.3% in 2013, and for the first five months of this year, shrank further 1.2% year-on-year. This is particularly alarming, as global trade has started picking up since the beginning of this year.