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  • BUSINESS

    Thailand stuck in the Middle-Income trap indefinitely

    Business, Tientip Subhanij, Published on 29/06/2012

    » There are a lot of worries these days about the possible outcome of the European sovereign-debt crisis and its implications for Thailand. Developments in the global market are of course important to Thailand, but it is equally important to recognise that we are vulnerable not just today, but always have been for quite a long time.

  • BUSINESS

    Lessons for picking winners

    Business, Tientip Subhanij, Published on 31/08/2012

    » The enjoyment I experienced watching the Olympics last month helped make up for the disappointment I felt at being unable to see any of the football matches in Euro 2012. It was a great few weeks, and I enjoyed watching those amazing athletes do a lot of amazing things.

  • BUSINESS

    Coping with weaker growth

    Business, Tientip Subhanij, Published on 26/10/2012

    » Each quarter, the International Monetary Fund (IMF) assesses the global economy in its World Economic Outlook report. What is particularly interesting about the recent assessment released earlier this month is that despite major central banks' efforts to inject a large amount of liquidity into the world financial system, the IMF lowered global growth expectations to just 3.3% this year from an earlier estimate of 3.5%. This would make the slowest year of growth since 2009, when the world was struggling to emerge from the global financial crisis. It also predicted only a modest improvement in next year's growth of 3.6%, lower than its previous estimate of 3.9%.

  • BUSINESS

    When gravity shifts: The rise of CLMV

    Business, Tientip Subhanij, Published on 25/01/2013

    » As the year begins, the world is still struggling towards recovery. Despite better conditions in financial markets, many high-income economies remain fragile. The World Bank has just cut the global growth forecast for this year from 3% to 2.4%, a slight improvement on 2.3% in 2012.

  • BUSINESS

    Climate change for the currency market

    Business, Tientip Subhanij, Published on 29/03/2013

    » Currency movement is something I have been watching rather attentively this year. The baht has already appreciated about 4% since January, trading around 29.30 to the US dollar yesterday. I cannot help thinking how far we have come from the point when the baht was worth much less _ 50 to the dollar and 90 to the pound in early 1998.

  • BUSINESS

    Happy songkran means happy tourism

    Business, Tientip Subhanij, Published on 26/04/2013

    » The international New Year often catches me by surprise. There are just too many things to do at year-end and not enough time to think about the New Year, let alone making a proper New Year's resolution. The Thai New Year, however, is a totally different story. With a long weekend and few social activities, I can usually plan better for myself and others.

  • BUSINESS

    Japan is back for the last gamble

    Business, Tientip Subhanij, Published on 28/06/2013

    » It is hard not to talk about Japan these days, considering how much cheaper the yen has become. Since the start of the year, the yen has dropped about 12% against the US dollar after reaching as low as 103 yen to the dollar last month. Despite gaining some strength in recent weeks, over the past year the yen has already lost more than a fifth of its value against the dollar, currently trading at about 97.

  • BUSINESS

    Globalisation at a crossroads

    Business, Tientip Subhanij, Published on 30/08/2013

    » We began 2013 on an optimistic note about our economic performance, hoping this year would be one of strong growth. But as time passes, this seems increasingly unlikely.

  • BUSINESS

    Some thoughts that will keep you up at night

    Business, Tientip Subhanij, Published on 25/10/2013

    » This Halloween the worst may be over for the world in general, but many people are still worried about economic conditions. In fact, the latest World Economic Outlook from the International Monetary Fund pointed to the rather spooky state of the global economy. It expects growth to expand by only 2.9% this year and 3.6% in 2014 _ down by 0.3 and 0.2 points respectively compared to the predictions it made just three months ago.

  • BUSINESS

    2014 markets: Don't worry, but don't be too happy

    Business, Tientip Subhanij, Published on 31/01/2014

    » Happy Chinese New Year! The start of a year usually brings hope and optimism into our lives. For the global economy, the Year of the Horse promises to be a better year despite the recent currency crisis in emerging markets. Many of the challenges we faced have either abated or have been overcome.

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