Showing 1-10 of 43 results
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Instability threatens economic growth
News, Wichit Chantanusornsiri, Published on 27/04/2019
» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.
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Citizens shoulder burden of vast state debt
News, Wichit Chantanusornsiri, Published on 11/06/2015
» Bad policies formulated by previous governments including the previous government's rice scheme have left the country in financial trouble, owing some 720 billion baht.
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New govt faces massive economic task
News, Wichit Chantanusornsiri, Published on 30/05/2019
» For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.
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EEC is our only gateway to developed-nation status
News, Wichit Chantanusornsiri, Published on 03/10/2019
» The Eastern Economic Corridor (EEC) has been harshly criticised by Thanathorn Juangroongruangkit, leader of the Future Forward Party, for its "lack of people's participation". On the contrary, I believe the EEC will help boost the livelihoods of Thais and transform Thailand from a middle-income country to high-income status.
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High-income goal needs a reality check
News, Wichit Chantanusornsiri, Published on 31/10/2019
» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.
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Reform, reform, reform: 3 gates to growth
News, Wichit Chantanusornsiri, Published on 10/08/2017
» Thailand's economic growth has been bogged down in the past decade by political instability. Since the 2014 coup, the military government of Gen Prayut Chan-o-cha has managed to stabilise the political climate. But uncertainty prevails when it comes to the country's political future.
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Regime infrastructure push key to growth
News, Wichit Chantanusornsiri, Published on 12/01/2017
» The Prayut Chan-o-cha government's recent push to accelerate domestic investment for this year represents a key milestone on the road to lifting Thailand's economy out of its stagnant state, boosting growth and sharpening its competitive edge. But it remains to be seen whether the state's big-ticket projects will be able to inspire the confidence of private investors and spur an investment spree by the private sector.
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Govt pins hopes on stimulus to boost growth
News, Wichit Chantanusornsiri, Published on 15/12/2016
» In the hope of shoring up the ailing economy, the government looks set to apply another strong pill. Last week, it placed a high bet on a mid-year expenditure budget of 190 billion baht for the 2017 fiscal year. The need for such strong medication to help the country climb out of its economic sluggishness is understandable. But it must not be overused to avoid unpleasant side-effects.
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Somkid tackles root causes of our economic malady
News, Wichit Chantanusornsiri, Published on 15/10/2015
» The economic malady Thailand has been facing for the past two consecutive years requires the proper remedies to tackle the root causes.
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Solid financials offer firepower to weather crisis
Oped, Wichit Chantanusornsiri, Published on 02/04/2020
» Like other countries, Thailand is fighting a war against Covid-19. For the government, it cannot afford to lose this war as it must ensure safety to public health, buffer the outbreak's impact on the economy and help affected people who have lost jobs and incomes.
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