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OPINION

Thailand must redefine FDI for future

News, Peerasit Kamnuansilpa, Published on 14/08/2025

» Thailand's economic future looks increasingly uncertain. Once a rising star among emerging markets, the country now faces persistent stagnation. A key reason lies in how we have treated foreign direct investment (FDI) -- not as a strategic lever for national economic development but as a short-term fix driven by rent-seeking behaviour, bureaucratic collusion, and a failure to safeguard the nation's long-term economic interests and its goals for equitable development.

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OPINION

Budget puts govt on edge

News, Editorial, Published on 14/08/2025

» As a special session to deliberate the second and third readings of the 3.78-trillion-baht fiscal 2026 Budget Bill gets under way, the Pheu Thai Party and its coalition partners can do little but keep their fingers crossed.

THAILAND

Rice farmers to receive B40bn in aid

News, Wichit Chantanusornsiri, Published on 14/08/2025

» The National Rice Policy and Management Committee yesterday approved a budget of 40 billion baht to support 4.6 million rice farmer households.

THAILAND

EC told to speed up probe into alleged vote-rigging

News, Post Reporters, Published on 14/08/2025

» A group of candidates on the reserve list of senators has accused the Election Commission (EC) of dragging its feet on an investigation into alleged vote-rigging in the 2024 Senate election and have demanded an explanation for the hold-up.

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OPINION

Rethinking development in an era of upheaval

News, Published on 14/08/2025

» For many developing countries, the global economic landscape has shifted dramatically in recent years. Lower growth, disrupted supply chains, reduced aid flows, and heightened financial-market volatility represent significant headwinds. Underpinning these changes is a fundamental restructuring, driven by the developed world, of the postwar economic and financial order. Against this background, a handful of factors are becoming critically important for the current and future well-being of developing countries -- and for the fate of multilateral institutions.

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WORLD

Putin ‘bluffing’ about ending war, Zelensky warns

Published on 13/08/2025

» BERLIN - Ukrainian President Volodymyr Zelensky says he hopes talks between Donald Trump and Vladimir Putin this week will centre on a ceasefire, and that he warned Trump that Putin was “bluffing” about his desire to end the war.

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GENERAL

Air Canada braces for shutdown as strike looms

Published on 13/08/2025

» Air Canada is preparing to halt most of its flights after its flight attendants’ union served a 72-hour strike notice on Wednesday, warning of a walkout as contract talks over a pay deal stall.

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THAILAND

Government given failing grade on corruption

Chairith Yonpiam, Published on 13/08/2025

» The Anti-Corruption Organisation of Thailand (ACT) has criticised the Paetongtarn Shinawatra administration’s first year in power as lacking a clear direction, effective mechanisms and a genuine commitment to tackle corruption.

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WORLD

Deadlocked plastics treaty talks ‘at cliff’s edge’

AFP, Published on 13/08/2025

» GENEVA - Negotiators from 184 countries remained divided on Wednesday on how to curb plastic pollution, less than 36 hours before they were scheduled to deliver a binding global treaty.

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WORLD

Typhoon Podul blows through southern Taiwan

News, Reuters, Published on 13/08/2025

» TAIPEI - Typhoon Podul blew through southern Taiwan on Wednesday, packing winds of up to 191 kph (118 mph) and leaving one person missing, as a large area of the island shut down and hundreds of flights were cancelled.