Showing 1-10 of 15 results
-
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.
-
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.
-
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.
-
What a collapsing oil price could mean in 2015
Business, Tientip Subhanij, Published on 29/12/2014
» Although I did not put up a Christmas tree this year, somehow I feel more festive than ever. My family has been seeing a lot of relatives lately and we are travelling to beaches and mountains to be together during this holiday season.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
Your recent history
-
Recently searched
-
Recently viewed links
Did you find what you were looking for? Have you got some comments for us?
