Showing 1-10 of 15 results
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Economic risks to watch out for in 2023
Oped, Chartchai Parasuk, Published on 29/12/2022
» The world will end 2022 with big celebrations. Yet not because of robust economic growth, as growth this year is projected to be only 3.2% -- following the International Monetary Fund's (IMF) recent projections -- compared to 6.0% growth in 2021.
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Welcome to your prison vacation?
News, Editorial, Published on 27/06/2021
» In four days, Phuket is set to officially reopen under the much heralded "Phuket sandbox" -- a tourism management test case for reviving the tourism industry. The restarting comes after 15 months of hiatus and welcomes back fully vaccinated tourists from low to medium-risk countries to its sun-kissed beaches and glitzy nightlife districts.
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Shipping is worse than aviation
Oped, Gwynne Dyer, Published on 30/03/2021
» 'We're waiting on food goods like coconut milk and syrups, some spare parts for motors, we've got some fork lift trucks, some Amazon goods on there, all sorts," said Steve Parks of Seaport Freight Services in England, who is awaiting twenty of the 18,300 containers aboard the Ever Given. Which of those things cannot be sourced from somewhere closer than Asia?
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Phuket's chance to start afresh
News, Editorial, Published on 28/03/2021
» With the prime minister today expected to announce plans for the reopening of Phuket to foreign tourists in July and the kingdom hoping to regain its crown as one of the most visited and desirable holiday and travel destinations in the world, there is understandable concern over the move.
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Double standards
Oped, Postbag, Published on 27/02/2021
» Re: "3 ministers get instant chop", (BP, Feb 25). Congratulations to the Criminal Court for its courage in daring to jail three cabinet ministers from major government parties, helping to extend the rule of law to the high and the mighty.
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A knee-jerk reaction
Oped, Postbag, Published on 13/02/2021
» I take a somewhat different view from that of David Brown in his Feb 11 letter on what Australia's reaction to the latest Myanmar coup should be.
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Not looking like Xmas this year, or next
Oped, Chartchai Parasuk, Published on 03/12/2020
» Everybody has high hopes for the year 2021. Stock markets seem to think so. The Dow Jones Industrial average started the year at around the 29,000 mark and dropped by one-third to 20,000 when Covid-19 became a global threat in late March. Today, despite the second, third, and fourth rounds of outbreaks around the globe, Dow Jones is approaching the 30,000 mark.
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THAI restructuring will not be easy
News, Chartchai Parasuk, Published on 18/06/2020
» While I was the head of the Corporate Finance Department at National Finance (now known as Thanachart Bank), I handled many cases of debt restructuring. The largest one was the 20-billion-baht debt of a hospital chain.
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Govt support key to airline industry's survival
Oped, Published on 31/03/2020
» Someone once said that history doesn't repeat, but it rhymes. Today, as the world's airlines face a cataclysm caused by the Covid-19 pandemic, memories of the post-9/11 period come to mind. But this crisis is far worse. Within a period of a few weeks, airlines have seen passenger demand completely collapse. For most carriers the market for air travel is actually below zero -- the number of people cancelling flights exceeds the number of new bookings. That is not surprising, given that more than 100 governments have closed their borders to foreign visitors and/or imposed lengthy quarantines that have the same practical effect.
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