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Showing 1-9 of 9 results
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High-income goal needs a reality check
News, Wichit Chantanusornsiri, Published on 31/10/2019
» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.
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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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Reserve tumble doesn't spell fiscal crisis
News, Wichit Chantanusornsiri, Published on 23/02/2017
» The dramatic fall in treasury reserves to 74.9 billion baht last December, the lowest in many years, does not indicate that Thailand is facing a fiscal crisis. However, it does not mean that the Thai government will be immune to fiscal traumas either. Factors that will affect the state's fiscal stability are still out there looming.
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Regime infrastructure push key to growth
News, Wichit Chantanusornsiri, Published on 12/01/2017
» The Prayut Chan-o-cha government's recent push to accelerate domestic investment for this year represents a key milestone on the road to lifting Thailand's economy out of its stagnant state, boosting growth and sharpening its competitive edge. But it remains to be seen whether the state's big-ticket projects will be able to inspire the confidence of private investors and spur an investment spree by the private sector.
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Jury still out on government's ability to lift economy
News, Wichit Chantanusornsiri, Published on 22/09/2016
» With the Prayut Chan-o-cha government in charge for more than two years, the Thai economy still hangs in the balance. Even though the government has managed to lift the country out of the economic stagnation we experienced before the 2014 coup, it has failed to accelerate growth.
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Mass-transit projects raise hopes of easing traffic woes
News, Wichit Chantanusornsiri, Published on 26/11/2015
» The government's plan to fast-track infrastructure development projects, especially the city mass-transit system in Bangkok under the public-private partnership (PPP) programme, is more than welcome. These projects are worthy because they will not only boost the country's economy, but also upgrade the quality of life for urban residents.
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Are Yingluck's populist policies sustainable?
News, Wichit Chantanusornsiri, Published on 07/02/2013
» Thailand has certainly endured its share of crises over the past decade, from the 1997 economic crisis to political upheaval and the 2011 floods.
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Tax relief for millions unlikely
News, Wichit Chantanusornsiri, Published on 15/11/2012
» There are few policy decisions more sensitive for any elected politician than changes in the tax code. To be more accurate, few decisions are more politically touchy than raising taxes. After all, job security for any politician is directly tied to their popularity among voters. It takes a brave leader indeed to risk the ire of the populace by taking money from their pockets.
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Thailand's topsy-turvy tax code
News, Wichit Chantanusornsiri, Published on 08/03/2012
» The idea may seem counter-intuitive _ if you reduce tax rates, tax revenues will rise as more people voluntarily enter the tax system.
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