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Search Result for “hard”

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OPINION

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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OPINION

Fiscal discipline can still save the day

News, Wichit Chantanusornsiri, Published on 03/05/2018

» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.

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OPINION

Political instability adds to viral woes

News, Wichit Chantanusornsiri, Published on 05/03/2020

» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.

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OPINION

Public debt isn't always a bad thing

News, Wichit Chantanusornsiri, Published on 29/08/2019

» The global economic slowdown, as a result of the ongoing Sino-US trade tensions, has hit the Thai economy hard.

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OPINION

Govt needs more than luck with new lottery plan

News, Wichit Chantanusornsiri, Published on 27/06/2019

» The idea of having the Government Lottery Office (GLO) run a two- and three-digit lottery scheme is taking shape once again.

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OPINION

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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OPINION

Wealth gap still endangers democracy

News, Wichit Chantanusornsiri, Published on 24/05/2018

» Time flies. This week marks the fourth year of the military regime under Gen Prayut Chan-o-cha taking power after it ousted the civilian government in a coup in 2014. It's hard to imagine the military could ever have made a comeback to politics after the 1992 uprising when the men in green were forced to go back to the barracks, never mind managing to stay this long.

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OPINION

Politicians must ditch 'analogue consciences'

News, Wichit Chantanusornsiri, Published on 22/02/2018

» While the government has implemented projects to drive the Thai economy toward the digital era, the conscience of the powers-that-be and the rich remain outdated and trapped in the analogue era.

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OPINION

Healthcare woes never too big to solve

News, Wichit Chantanusornsiri, Published on 23/11/2017

» Anyone who has never had to admit or nurse a loved one at state hospitals in the provinces cannot really understand what it feels like to be in such crowded and cramped state medical facilities.

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OPINION

Customs not up to speed on supercar scam

News, Wichit Chantanusornsiri, Published on 21/09/2017

» Bangkok shouldn't be an ideal city for high-powered supercars. Given the city's notorious traffic congestion, it is hard to imagine how people can maximise their supercars' engine capacity by driving them at high speed. Yet, luxury cars are still one of the key items possessed by millionaires here.