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OPINION

Digital wallet scheme hits another snag

Oped, Chartchai Parasuk, Published on 13/06/2024

» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.

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OPINION

A spark of hope for India-Pakistan ties

Oped, Published on 12/06/2024

» Despite the long-standing tensions between India and Pakistan, India's recent general election, which saw a narrow victory for the Bharatiya Janata Party (BJP), has seen some analysts become more optimistic about better bilateral relations between the nations.

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OPINION

No more child labour

Oped, Editorial, Published on 12/06/2024

» Today is "World Day Against Child Labour", reminding Thailand once again of the need to intensify efforts to eradicate the horrors of this scourge.

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OPINION

Macron gambles on investor faith

News, Published on 12/06/2024

» French President Emmanuel Macron has taken a serious gamble in calling early parliamentary elections. The consequences of putting politics above economic stability could be profound. Financial markets don't like unnecessary or unexpected political volatility, especially at the core of the European Union. The electorate only gets to vote at elections; financial markets get to vote every day, and so far, they're giving a thumbs down to Mr Macron's ploy.

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OPINION

How Sino-American rivalry reshapes world order

Oped, Published on 12/06/2024

» Tensions between the United States and China continue to flare, even as Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and several other senior US officials visit the country for talks. The two sides may disagree on most things, but maintaining dialogue is an essential part of geopolitics. The breakdown in communication last year, following visits to Taiwan by prominent American politicians and the US downing of a Chinese spy balloon, was dangerous and destabilising, because when adversaries do not engage, misperceptions -- and the risk of a clash -- mount.

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OPINION

Hipster antitrust policy is actually conservative

News, Published on 11/06/2024

» Antitrust policy is having a moment. Led by Federal Trade Commission Chair Lina Khan, US President Joe Biden's administration is turning its attention to suspect activity not only in Big Tech and Big Oil, but also in Big Alcohol, Big Hotel and Big Concert. The rationale for this new push, however, is ambiguous: Is antitrust law a tool to protect consumers from higher prices, or to defend small businesses against big ones?

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OPINION

Thais must join Global Peace Summit

Oped, Kavi Chongkittavorn, Published on 11/06/2024

» This weekend, Thailand will join 100-plus countries at the Burgenstock Resort in Switzerland for the upcoming Global Peace Summit. Singapore, Malaysia and the Philippines have confirmed their participation. East Timor, which is expected to become a full Asean member in the future, is also participating.

OPINION

Still haunted by Washington Consensus

Oped, Published on 11/06/2024

» In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical "ten commandments" of development.

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OPINION

Chadchart needs to act

Oped, Editorial, Published on 11/06/2024

» Bangkok governor Chadchart Sittipunt's anti-graft fighting efforts have so far largely been passively bureaucratic and, at best, reactive, despite his 2022 campaign promises to uproot corruption at City Hall.

OPINION

2% inflation targets wiggle room

News, Published on 11/06/2024

» This week's milestone G7 interest rate cuts dispel any notion that hitting 2% inflation targets spot on is a precondition for central bank moves or indeed sensible -- and may guide thinking on the Federal Reserve and Bank of England too.