Showing 1 - 3 of 3
From FDI to homegrown growth
Oped, Peerasit Kamnuansilpa, Published on 11/09/2025
» For decades, Thailand has leaned heavily on foreign direct investment (FDI) as the engine of growth. That strategy once delivered jobs and exports, but today it yields diminishing returns. Inflows are volatile, competitiveness is slipping, and dependence on external capital leaves the economy vulnerable to global shocks. Thailand must change course.
Thailand still has chance to shine
Oped, Peerasit Kamnuansilpa, Published on 31/07/2025
» Thailand's economy is losing momentum. Growth rates have steadily declined, from 7.2% in 2012 to just 1.9% in 2023. Without a new vision for development, the country faces the real possibility of becoming stuck in permanent stagnation. The absence of bold leadership and structural reform has left Thailand vulnerable, while its regional peers -- Singapore, China, and South Korea -- surge ahead. These countries have demonstrated that visionary and compassionate leadership, combined with political reform and good governance, can transform the economic fortunes of an entire nation.
Provincial Administration Organisation polls a gamechanger for Thais?
Oped, Peerasit Kamnuansilpa, Published on 16/01/2025
» On Feb 1, Provincial Administration Organisation (PAO) elections will be held in 47 out of 77 provinces. Late last year, there were elections in 29 provinces, where the PAO presidents resigned before their terms ended.