• OPINION

  Fear and loving of AI in the world of business

  News, Sutapa Amornvivat, Published on 26/07/2017

  » On Friday, Bangkok will host the TechSauce Global Summit, a Southeast Asian technology conference gathering 6,000 attendees to discuss global technological trends. An invitation was extended to me to share my experiences regarding the use of machine learning and Artificial Intelligence (AI) in businesses.

• OPINION

  A regulatory tightrope on data privacy

  News, Sutapa Amornvivat, Published on 17/05/2017

  » Over the weekend, computers worldwide were hit by a cyber attack of unprecedented scale. The malware, known as WannaCry, holds your data hostage until a ransom is paid. What has transpired in such a short period of time demonstrates the fragility of data protection and the risks associated with this technology. Public fear and anger could bring about changes that hinder future innovators, unless a middle-ground solution is established.

• OPINION

  Trade and education are an odd couple

  News, Sutapa Amornvivat, Published on 18/01/2017

  » On Monday, I attended a keynote speech by Eric Maskin, Nobel Laureate for economics in 2007, organised by Thammasat University and the International Peace Foundation.

• OPINION

  Strong side effects of ultra-low interest rates

  News, Sutapa Amornvivat, Published on 17/08/2016

  » Worldwide growth numbers in the past few years have been disappointing. As more uncertainties arise in the global economy, central bankers are taking ever more drastic measures in desperation to save growth. In July, one month after the Brexit result, the Bank of England cut its interest rates to a historic low to stave off potential impacts from the fallout. Central banks around the world too have taken their policy rates to unprecedentedly low levels.

• OPINION

  All that glitters in CLMV markets is not gold

  News, Sutapa Amornvivat, Published on 22/06/2016

  » At the annual SCB EIC Conference held earlier this month, I mentioned the exuberant growth of our neighbours: Cambodia, Laos, Myanmar and Vietnam (CLMV) as a catalyst for service businesses in Thailand. Recently, our government has also initiated a business council among CLMV and Thailand to facilitate information sharing and troubleshoot trade and investment challenges facing private investors. This is a good effort to find a new source of growth to revitalise the Thai economy.

• OPINION

  Who's afraid of automation and robots?

  News, Sutapa Amornvivat, Published on 20/07/2016

  » The recent Toyota Motor Thailand's layoff of 800 employees has caused quite a stir. Luckily, this incident turned out to be an isolated case, and not a prelude to mass unemployment. Yet, a real threat is imminent as the world's economies, advanced and emerging alike, are entering a brave new world of automation.

• OPINION

  AEC puts Thai public healthcare at risk

  News, Sutapa Amornvivat, Published on 20/05/2015

  » Amid all the handwringing that Thailand has lost its export mojo, let's keep some good news in mind. In "exports" of services, a few Thai industries are thriving. Healthcare is especially successful, thanks in part to inbound medical tourism, which has helped Thai private healthcare providers enjoy solid growth for five years. During this time, the industry's listed companies have consistently outperformed the rest of the Thai stock market.

• OPINION

  Slow growth is a small price for reform

  News, Sutapa Amornvivat, Published on 18/02/2015

  » The Thai economy has gained little traction in recent months. Despite the restoration of confidence and the clearing of many legislative bottlenecks since the middle of last year, GDP growth still came in at just 0.7% in 2014. Nor have we seen any big return of momentum in domestic consumption or investment. Even during the recent New Year festivities, consumer spending was weak, despite the long holiday period. There isn't much to celebrate on the economic front.

• OPINION

  How to build a sustainable tourism future in Phuket

  News, Sutapa Amornvivat, Published on 24/12/2014

  » Phuket's vision has major consequences for the nation's economy. Thailand's exports are sluggish and commodity prices are falling. One of the few engines that can rescue growth next year is tourism. 

• OPINION

  Misuse of human capital limits growth

  News, Sutapa Amornvivat, Published on 18/06/2014

  » Everyone is looking for change today. Many areas have been proposed for reform, ranging from taxes, energy, to infrastructure investment. One area of reform that Thailand definitely needs, but has not been discussed much so far is human capital management.

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