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  • News & article

    Mid-year economic outlook: Growing with a bubble?

    Business, Tientip Subhanij, Published on 30/06/2017

    » For the first time in several years, the World Bank has not adjusted its global growth forecast downward, even though there are signs of new risks. It foresees the world economy recording solid growth of 2.7% this year, improving to 2.9% in 2018 and 2019 -- thanks to the improving performance of large emerging economies such as China, India and Russia and a recovery in world trade after two bad years.

  • News & article

    China's mighty Belt and Road ambitions

    Business, Tientip Subhanij, Published on 26/05/2017

    » Two weekends ago, China put on a massive show when world leaders gathered in Beijing for the Belt and Road Forum to hear President Xi Jinping outline his plan for a grand project: the Belt and Road Initiative.

  • News & article

    Investment: A great rotation and a market bull run?

    Business, Tientip Subhanij, Published on 24/02/2017

    » I started investing in the stock market a long time ago and I have been through many ups and downs of stock market cycles. Given the experience, I am generally quite resilient when it comes to stock market crashes. In the nearly 10 years since the subprime crisis in 2008, the Thai stock market has performed very well. In fact, if you had been investing in Thai equities since then, you would have received a total return including dividends much higher than if you had invested in any other neighbouring countries. Over the past year alone, the SET index has gone up 22.6%.

  • News & article

    All eyes on the British vote on membership in the EU

    Business, Tientip Subhanij, Published on 24/06/2016

    » It's been almost impossible to turn on the TV lately without seeing a debate or analysis of whether the United Kingdom would be better off inside or outside the European Union. This morning many of you probably will be glued to your screens again as the votes in the Brexit referendum are counted. By around noon Thailand time, we should know whether Britons have chosen the status quo or an option seen as inconceivable not long ago.

  • News & article

    Negative interest rates: another new normal?

    Business, Tientip Subhanij, Published on 26/02/2016

    » I went to the bank the other day and found one of the accounts I had put aside for many years had hardly increased in value. I never used to think much about my savings in the bank, as I always assumed that over time, money would work for you.

  • News & article

    Life after the eventual Fed rate hike

    Business, Tientip Subhanij, Published on 25/09/2015

    » People often ask me what will happen to the value of the baht. After the US Federal Reserve's decision to hold back from raising interest rates last week, the questions have only increased. The Thai currency has depreciated a lot this year, falling by 9.57%, much more than the often-talked-about yuan devaluation, which sent that currency declining by only 2.75% so far this year. We are, however, not alone in this devaluation trend. Malaysia and Indonesia have seen their currencies tumble as much as 23% and 17.5%, respectively.

  • News & article

    The groans of August: yuan devaluation and beyond

    Business, Tientip Subhanij, Published on 28/08/2015

    » The month of August does not usually bring good news to global financial markets. While it is a holiday time for many people, August has often witnessed the first signs of cracks in the global economy. We all remember the Russian debt default in 1998, the run on the British bank Northern Rock in 2007, the collapse of US financial markets in 2008 and the US loss of its AAA credit rating in 2011.

  • News & article

    India: The world's next shining star

    Business, Tientip Subhanij, Published on 31/07/2015

    » Good news is hard to find these days, especially in Thailand. Our exports tumbled 7.87% in June, resulting in a 4.84% contraction in US dollar value in the first six months of the year. Meanwhile, the stock market is falling almost every day as corporate earnings weaken.

  • News & article

    The world is getting spooky this Halloween

    Business, Tientip Subhanij, Published on 31/10/2014

    » Halloween is here. My mother-in-law in the US is busy picking out pumpkins for the day. Her grandchildren are busy dressing up as ghosts and witches on one of the oldest of Western holidays. Each year on Oct 31, children in costumes go from door to door to collect treats from their neighbours, while adults spend the night at frightening Halloween parties. I also have plans this Halloween and am looking forward to a good laugh.

  • News & article

    Secular stagnation and endless protests

    Business, Tientip Subhanij, Published on 29/11/2013

    » Once again, it has been a terrible month for Thai politics. Tension is building up everywhere. After the conflict over a wide-ranging amnesty bill that would have eased former prime minister Thaksin Shinawatra's return to the country, even greater opposition mounted over the Constitution Court ruling on the charter amendment bill. One thing led to another. Now tens of thousands of protesters have gathered for massive anti- and pro-government rallies, the biggest we have seen in three years.

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