Showing 1-10 of 23 results
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What makes a happy country?
Business, Tientip Subhanij, Published on 31/03/2017
» Happiness is a state of mind. It can also be a place. So where do happy people live? The UN answered this question in its World Happiness Report released last week to celebrate the International Day of Happiness on March 20. The report has been around since 2012, thanks to Bhutan's initiating the launch of an international focus on happiness.
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Global economic outlook: Cautious optimism for new year
Business, Tientip Subhanij, Published on 30/12/2016
» December has come once more. To me this is the time to assess how we did the previous year and to think about what might lie ahead. I think we all agree that this has been a year of Black Swan events -- extremely surprising developments that have major consequences.
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Lessons from a competitive and happy place
Business, Tientip Subhanij, Published on 28/10/2016
» What is the most competitive and happy place in the world? Last month the World Economic Forum (WEF) has named Switzerland the most competitive country for the eighth consecutive year -- ahead of Singapore (2), the United States (3), the Netherlands (4) and Germany (5). Switzerland also ranked first in four out of 12 pillars of the Global Competitiveness Index -- in the categories of innovation, business sophistication, technological readiness and labour market efficiency.
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When less could be more: Let's enjoy life in 2016
Business, Tientip Subhanij, Published on 01/02/2016
» I really like the first month of a new year, especially the first day. It feels like there is plenty of time left to begin doing new things and to consider the big picture. And even though the long holiday is over, there is no need to feel sorry. This is because more are around the corner -- Chinese New Year in February and the Thai New Year in April.
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Goodbye 2015: A farewell to easy money
Business, Tientip Subhanij, Published on 25/12/2015
» This Christmas marks the beginning of the end to an unprecedented era of easy money, a period in which businesses, investors and consumers had access to credit at cheaper prices. The US Federal Reserve last week voted unanimously to raise key interest rate by a quarter-percentage point after keeping rates near zero since the subprime crisis. The last increase was almost a decade ago in June 2006 -- a year before the first iPhone was released.
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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.
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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.
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Songkhla: A forgotten gem in southern Thailand
Business, Tientip Subhanij, Published on 24/04/2015
» It has been a rather warm hot season, to put it mildly. When the air gets too hot, I usually like to head off to the beach somewhere near Bangkok such as Cha-am or Pattaya. This year, however, I went farther — all the way to the southern province of Songkhla and its capital city of the same name.
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Building wealth in a low-interest-rate world
Business, Tientip Subhanij, Published on 27/02/2015
» Driving around the area where I live, I've been struck by how many condominium projects there are — too many, it seems to me. It is hard to understand why people want to take the risk of building them when so many exist already. I wonder who will rent or buy them. Or do project developers know something I don't?
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The year of the goat could become dangerous
Business, Tientip Subhanij, Published on 30/01/2015
» Welcome to the Year of the Goat. The goat is a symbol of harmony, peace and tranquillity. Despite this, I have recently received several warning messages about how this year will turn out to be a terrible year. Personally, it is supposed to be a good year for me and my zodiac sign, but it does not seem to be the case for the world in general.
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