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Showing 1-6 of 6 results
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Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
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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.
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Thais opt for quick fix over full democracy
News, Wichit Chantanusornsiri, Published on 11/08/2016
» The results of Sunday's constitutional referendum demonstrate a critical reversion of political thought among Thai voters. In voting for a less democratic draft constitution, they have made it clear they prefer immediate remedies for political and economic woes rather than fully-fledged democracy.
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How our political landscape became stuck in an ice age
News, Wichit Chantanusornsiri, Published on 28/11/2013
» For much of the past decade, our political agenda has seemingly been frozen in the past. Rather than debate where we are and where we want to go, the focus of the country's main political parties can be simplified into two diametrically opposing positions: How to bring Thaksin Shinawatra home on one hand, and how to erase his influence from policymaking once and for all on the other.
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Changing the political system begins with the citizens
News, Wichit Chantanusornsiri, Published on 19/12/2013
» Incremental progress perhaps, but progress nevertheless. No longer is the public debate about the necessity of political reform, but rather when and in what form. People no longer doubt that political change is a prerequisite before tackling other problems, whether it be economic competitiveness, income inequality or educational reform. No, I believe that we have reached a tipping point, one in which all sides of the social, political and economic spectrum agree that change is necessary and overdue if Thailand is to ever move forward.
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For higher returns, invest in human capital
News, Wichit Chantanusornsiri, Published on 17/10/2013
» The government has clamoured for months about the necessity of its 2-trillion-baht borrowing programme to help modernise our road and rail infrastructure. While many question the approach and methodology of how the programme will be financed, vetted and structured, few doubt that more public investment is sorely needed to support the country's growth over the next several decades.
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