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Showing 1-9 of 9 results
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Global and Thai economies face rising risk
Business, Published on 27/04/2024
» Three recent events have changed the world economic picture and monetary policy outlook.
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The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
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Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
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Counsel sought on Bank for Agriculture and Agricultural Cooperatives loan
News, Phusadee Arunmas, Published on 24/04/2024
» The government has agreed to ask the Council of State, its legal arm, to interpret whether the Bank for Agriculture and Agricultural Cooperatives (BAAC) can legitimately allow the government to borrow 172.3 billion baht to finance its digital wallet handout scheme partially.
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Oil traders optimistic on war risks
News, Published on 23/04/2024
» Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.
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Why Myanmar’s war matters, even if the world is not watching
New York Times, Published on 20/04/2024
» SEOUL — An escalating civil war threatens to break apart a country of roughly 55 million people that sits between China and India. That has international consequences, but the conflict has not commanded wide attention.
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MFP outlines handout risks
News, Aekarach Sattaburuth, Published on 19/04/2024
» The Pheu Thai-led government's digital handout scheme could exhaust the country's capacity to handle large-scale emergencies, claims the main opposition Move Forward Party (MFP).
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Government seeks legal counsel on loan for digital wallet handout
News, Mongkol Bangprapa, Published on 12/04/2024
» The government will ask the Council of State to verify the legality of its plan to borrow 172.3 billion baht from the Bank of Agriculture and Agricultural Cooperative to partially finance its 500-billion-baht digital wallet handout scheme.
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Southeast Asian banks must stop funding coal
Oped, Published on 11/04/2024
» Indonesia is by far a major top producer of dangerous climate emissions -- more than any country in the Southeast Asian region, mainly due to its burning of coal. The country is also feeling the full force of worsening climate disasters, from floods and storms to deadly landslides. My hometown, Jakarta, is sinking -- and this is compounded by regular catastrophic flooding and air pollution that disrupts millions of lives. Indonesia faces huge risks as it currently sits as the second most disaster-prone country in the world, according to the World Risk Report 2023.
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