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Search Result for “baht”

Showing 1 - 10 of 116

OPINION

BoT baulks at govt bid to drop debt in its lap

News, Wichit Chantanusornsiri, Published on 05/01/2012

» The debate over the past several days regarding who should hold responsibility for the 1.14-trillion-baht in outstanding liabilities from the Financial Institutions Development Fund, should serve as a clear wake-up call about the dangers and costs of poor policy.

OPINION

Thailand Inc gets creative about debt

News, Wichit Chantanusornsiri, Published on 26/01/2012

» As any chief executive officer knows, the success or failure of an investment project or business strategy depends in part on accurate data. A misplaced calculation, an overlooked expense or unrealistic projections can make all the difference between a profit and a loss.

OPINION

How politicians exploit the civil service

News, Wichit Chantanusornsiri, Published on 16/02/2012

» I had an opportunity to sit down with a senior technocrat the other day and exchange views on the economy, politics and everyday life.

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OPINION

Thailand's topsy-turvy tax code

News, Wichit Chantanusornsiri, Published on 08/03/2012

» The idea may seem counter-intuitive _ if you reduce tax rates, tax revenues will rise as more people voluntarily enter the tax system.

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OPINION

Help our farmers save themselves

News, Wichit Chantanusornsiri, Published on 19/04/2012

» It is a strangely beautiful sight, a white cloud wafting slowly over a sea of green. But on closer inspection, the picture is not so pretty.

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OPINION

Let's address the cause, not just the symptoms

News, Wichit Chantanusornsiri, Published on 10/05/2012

» The shadow of Thaksin Shinawatra has never faded from Thai politics since his sweeping rise to power over one decade ago. One of the signature policies that helped Thaksin and his Thai Rak Thai Party romp to victory was a pledge to suspend debt payments for millions nationwide, ostensibly to help address the perennial problem of indebtedness suffered by small-scale farmers.

OPINION

Graft permeates very fabric of our society

News, Wichit Chantanusornsiri, Published on 21/06/2012

» I always feel shivers run down my spine whenever I hear Noppadon Kannika, director of the Abac Poll, discuss the attitude Thais have towards corruption.

OPINION

Public spending needs doing right

News, Wichit Chantanusornsiri, Published on 12/07/2012

» The battle lines have already been drawn. On one side, we have Finance Minister Kittiratt Na-Ranong and the government's economic policy makers, while on the other are opposition politicians and private economists.

OPINION

Stop betting the farm on Thai rice

News, Wichit Chantanusornsiri, Published on 02/08/2012

» Last year's floods cost Thailand more than 1 trillion baht thanks to a perfect storm of years of insufficient infrastructure investment, poor crisis management, haphazard zoning and unusually heavy seasonal rains.

OPINION

Use state banks as tools, not political toys

News, Wichit Chantanusornsiri, Published on 24/08/2012

» A cursory scan of the local headlines over the past several months offers up some gloomy reading indeed.