Showing 1 - 5 of 5
Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
Good governance sorely lacking at state-run banks
News, Wichit Chantanusornsiri, Published on 25/07/2019
» During parliamentary debates on the Prayut Chan-o-cha government's policy statement, scheduled for tomorrow and Friday, the state-run Krung Thai Bank's (KTB) 9.9-billion-baht loan scandal will likely be taken up by the opposition targeting one cabinet member, Finance Minister and Palang Pracharath Party (PPRP) leader Uttama Savanayana. When the loan was approved in 2003, Mr Uttama was an executive board member of the bank.
BoT right in fending off property bubble
News, Wichit Chantanusornsiri, Published on 25/10/2018
» The Bank of Thailand (BoT) deserves praise for warning about the risk of a speculative bubble in the property sector, in particular from mushrooming condominium projects.
Corruption? You can bank on it
News, Wichit Chantanusornsiri, Published on 18/05/2017
» The huge loss of the state-owned Islamic Bank of Thailand (IBank) has raised questions as to how a bank that runs on principles of integrity could turn into a financial institution riddled with suspected graft in just over a decade.
Bill reins in populist 'mai pen rai' urges
News, Wichit Chantanusornsiri, Published on 27/04/2017
» While mai pen rai, a frequently used Thai expression for "never mind", "it's okay" or "don't worry", may represent the compromising nature of Thais, it also carries a negative connotation of our tendency to skip dealing with a problem or avoid fixing problems where it hurts.