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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

Starmer's Labour victory in UK: some lessons for all

News, Published on 11/07/2024

» The Labour Party's sweeping victory in the United Kingdom's general election already holds lessons for centre and centre-left parties elsewhere. But whether it will matter in the long run depends on Prime Minister Keir Starmer's ability to address his country's economic woes -- a very tall order.

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OPINION

Protect park, people

News, Editorial, Published on 10/07/2024

» The #savethaplan -- a conservation campaign against the use of the "One Map" policy to redraw the demarcation of national parks -- is now trending in the top spot on Thai social media.

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OPINION

No sign of a 'just' energy transition

News, Sarinee Achavanuntakul, Published on 10/07/2024

» As multiple impacts of climate change become more severe worldwide, including in Thailand, the need for an energy transition becomes ever more paramount. To that end, the latest draft of the Power Development Plan (draft PDP2024), which was unveiled in June, is touted by the Ministry of Energy as being consistent with Thailand's goals of reaching carbon neutrality by 2050 and net zero by 2065 -- goals that already lag behind those of most countries.

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OPINION

City Hall's duty of care

Oped, Editorial, Published on 09/07/2024

» Last week, the public learned of two cases of sexual harassment involving high-ranking government officials.

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OPINION

The UK's most working-class government

Oped, Published on 09/07/2024

» The United Kingdom has a new Labour government whose class composition are radically different from previous ones. According to our analysis of Labour's shadow cabinet, some 46% of Keir Starmer's cabinet members were raised by parents with "working class" occupations. That figure is well above average in terms of the broader working population, and it stands in stark contrast to the 7% who were of working-class origin in the last Conservative cabinet.

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OPINION

Real plan for GDP growth

News, Editorial, Published on 08/07/2024

» After facing criticism for neglecting local media and prioritising foreign outlets, Bank of Thailand governor Sethaput Suthiwartnarueput finally held a press conference to share his overview of Thailand's economic situation and the central bank's policy stance.

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OPINION

Thailand's era of economic stagnation

Oped, Thitinan Pongsudhirak, Published on 05/07/2024

» After two decades of political instability and turmoil, it was a matter of time before the Thai economy would exhibit signs of distress and desperation. For decades, the Thai economy has proved resilient with an uncanny knack for bouncing back. But Teflon Thailand may have become a thing of the past. Headlines on the Thai economy have been heading south precipitously. Unless fundamental political reforms take place, Thailand will likely enter a period of low and plateaued growth with risks of grinding stagnation.

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OPINION

Choose sustainable

Oped, Postbag, Published on 05/07/2024

» Re: "PM Srettha touts plans for casinos, nuclear power", (BP, June 22).

OPINION

'Time tax' rises despite modern tech innovations

Oped, Published on 04/07/2024

» Despite the rapid proliferation of artificial-intelligence chatbots and virtual assistants, finding an answer to a question that a company's software is not programmed to address can be frustrating. Searching through countless options on price-comparison websites for the best insurance policy or airline ticket can be equally exhausting. Yet, we tend to view this "time tax" as the cost of doing business in today's digitised global economy.