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Consumers still lack confidence
News, Umesh Pandey, Published on 03/09/2017
» For those readers who have not read the business stories over the past week, let me recap some of the interesting issues that were written about by our intrepid business writers. Stories such as the Revenue Department coming out to openly state that their tax collection for the first 10 months of the fiscal year (October 2016 to July 2017) was 4% below the target came as a shock to many. The reason given for the shortfall was the lower collection of value added tax (VAT) that you and I pay for consuming.
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Propping up property will cost a fortune
News, Umesh Pandey, Published on 02/10/2015
» There is no doubt that the likes of Deputy Prime Minister Somkid Jatusripitak and his key man, Finance Minister Apisak Tantivorawong, are smart people who know what they are doing, but the headlines in the media these days have started to make me wonder what these learned men are up to.
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China at the crossroads
Asia focus, Umesh Pandey, Published on 07/09/2015
» Not that long ago, China was the darling of the developing world when it came to showing how to get things done. Lately, though, it's been looking more like a basket case when it comes to economic management.
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Export slump a big wake-up call
Asia focus, Umesh Pandey, Published on 30/03/2015
» It's been an eventful week in the region, from the passing of Lee Kuan Yew to renewed sparring over the South China Sea. Either subject would be well worth a column. Certainly the outpouring of praise for Lee should be tempered with a realisation that Singapore's admirable success has come at the expense of freedom of expression.
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Thailand needs more than a rate cut
Asia focus, Umesh Pandey, Published on 09/03/2015
» The calls have been growing louder for easing of monetary policy in Thailand, following in the footsteps of other Asian countries including India, Indonesia, China and Singapore. But conditions in our country these days are different, and any such move needs to be handled very carefully as it could be a double-edged sword.
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