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Getting soft power right
Life, Published on 08/01/2024
» After three months in office, the Srettha Thavisin government has raved on about populist policies in the guise of digital wallets and soft power projects that will create income to boost our declining economy. With optimism, we learned that Paetongtarn Shinawatra, Pheu Thai party leader and head of the National Soft Power Strategy Committee (NSPSC), has drafted a budget of 5.1 billion baht to boost festivals and creative industries. It is welcoming news to hear this government is priortising art, music, literature, design, fashion, film, food, games, sports and festivals as essential sources for the creative economy. Where this enormous chunk of budget will come from, like digital wallets, remains to be seen.
Dollar revival takes shine off asia stocks
Business, Published on 14/02/2017
» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.