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Financial crisis looms over Thailand
Oped, Chartchai Parasuk, Published on 25/01/2024
» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.
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Arkhom risks facing a losing battle
Oped, Published on 08/10/2020
» After a month of waiting, Thailand now has a new finance minister -- Arkhom Termpittayapaisith. Thais and the business community have high hopes for the new minister's ability to help stimulate the sagging economy and steer the country's economy out of the Covid-19 crisis.
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Buy high, sell cheap -- and you lose
Veera Prateepchaikul, Published on 22/10/2013
» The mathematics is simple and straightforward. When you buy something such as a pack of rice at 200 baht and you sell it at 150 baht, the loss is 50 baht. And if there were other costs too, then the loss will be higher.
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Commerce Ministry, land of fairy tales
Veera Prateepchaikul, Published on 12/07/2013
» The Commerce Ministry is quite the expert in keeping us amazed by the fairy tales it has continually pulled from its sleeves since the launch of the rice pledging scheme - which should be renamed the rice buying scheme - two years ago.
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