Showing 1-10 of 26 results
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Why the economy is heading for a crisis
News, Chartchai Parasuk, Published on 02/05/2024
» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.
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BoT is absolutely right in holding rates
Oped, Chartchai Parasuk, Published on 22/02/2024
» The whole country -- the government, its economic agencies, private economic research houses, the private sector, and academics -- is accusing the Bank of Thailand (BoT) of being stubborn for refusing to lower interest rates to support the weak economy, aka, the economy in crisis.
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Thai economic prospects far from rosy
Oped, Chartchai Parasuk, Published on 09/02/2023
» Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the Fed raises interest rates to merely 25 basis points as opposed to the 50-75 basis points for each meeting in 2022.
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Why does Biden want to buy Venezuelan oil again?
News, Published on 13/12/2022
» The fix is in. During the Thanksgiving holiday, the Biden administration announced it was quietly reversing policy and allowing limited petroleum imports from Venezuela. The Treasury Department lifted restrictions permitting a six-month deal to ease sanctions so that Chevron petroleum may buy and then ship Venezuelan crude oil to American refineries.
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Vinland history: a question of dates, timing
Oped, Gwynne Dyer, Published on 28/11/2022
» 'If the 20th century AD were dated at the same resolution as the 20th century BC, the two World Wars would be indistinguishable in time; and the Montgomery Bus Strike might post-date the release of Mandela." So wrote the Exact Chronology of Early Societies' (ECHOES) team of palaeohistorians at Groningen University in the northern Netherlands -- and then they fixed the problem.
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The looming ban on Russian crude
News, Clyde Russell, Published on 28/09/2022
» Crude oil prices are engaged in a tussle between fears of a recession-led demand decline and ongoing supply tightness, with risks to demand currently edging ahead.
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Time to tone down Taiwan tensions
Asia focus, Nareerat Wiriyapong, Published on 08/08/2022
» It was a picture-perfect shot, really. That was my thought when I saw US House Speaker Nancy Pelosi standing side by side with Taiwanese President Tsai Ing-wen in Taipei last Wednesday. But the one-day visit to the self-ruled island by the 82-year-old American politician has created no end of tension, not only for the US and China but also many of their allies across the Asia Pacific region.
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Yuan won't outrank dollar anytime soon
Oped, Chartchai Parasuk, Published on 07/04/2022
» The issue of the Chinese yuan as a premier international currency has been around for quite some time. Right now, only 3% of international trade transaction is conducted in yuan and, correspondingly, central banks around the world keep only 3% of their international reserves in Yuan. To most, this is quite puzzling as China is the world's second-largest economy with a GDP portion of 13.04% of world GDP and is the world's largest exporter with a global market share of 14.7%.
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How to save country when it's broke
Oped, Chartchai Parasuk, Published on 05/08/2021
» This is not really a good time for economists and/or economic research institutions to make GDP growth projections for Thailand as the Covid-19 pandemic is far from settling down. Unstable economic conditions have caused a well-known research institute to revise its 2021 growth projections five times already.
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Mekong drowned in water politics
News, Editorial, Published on 10/01/2021
» The mighty Mekong River is the heart and soul of Southeast Asia. Millions of livelihoods are linked to it, especially in terms of food, energy and water security. Besides giving birth to one of the planet's most biodiverse river basins, the transboundary nature of the river -- which begins its journey in the Tibetan plateau and flows 2,140km through China before entering downstream Southeast Asia -- means it is facing a threat to its existence like none before: hydropolitics.
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