Showing 1 - 10 of 22
Central banks can play a bigger role
News, Soohyung Lee, Published on 16/12/2024
» South Korea's remarkable transformation from one of the world's poorest countries to one of the richest is unparalleled in recent history. But while official data show robust growth and low unemployment, the economy remains beset by deep structural challenges that could have a profound impact on its future prosperity.
Drug crisis deepens our economic woes
Oped, Peerasit Kamnuansilpa, Published on 11/12/2024
» Thailand faces a dual crisis that threatens the foundation of its future economic development: declining fertility rates, leading to a shrinking population and a simultaneous surge in drug addiction rates.
VAT rise needs care
News, Editorial, Published on 09/12/2024
» The debate over a potential value-added tax (VAT) hike has reignited following remarks by Finance Minister Pichai Chunhavajira at a seminar, where he mentioned ongoing studies on tax reform, including VAT adjustments.
Is there a quiet isolation pandemic now?
Mariano Miguel Carrera, Published on 01/12/2024
» This may seem an exaggeration, but there is an ongoing isolation pandemic. The current wave of loneliness, along with the decreasing number of family members; and even the growth of pet care businesses are signs of this problem.
Can't be much fun being a lame duck
Roger Crutchley, Published on 01/12/2024
» From Washington we've been hearing the expression "lame duck" quite a bit lately, but it has not of course been a discussion about the health of the waterfowl population in the American capital but a reference to Joe Biden as he completes his final term as president.
TV push in need of a better script
Editorial, Published on 01/12/2024
» In a striking plot twist, it was recently revealed that Thai television dramas and series, which the government envisions as a key driver of the country's "soft power" on the global stage, are struggling to retain an audience at home.
Vietnam gets ready for a new US-China trade war
News, John Boudreau, Published on 12/11/2024
» The last time Donald Trump was the US president, Vietnam reaped big benefits from the trade war he started with China. This time around, the outcome could be different.
Monetary policy really needs to tighten in Japan
Oped, Koichi Hamada, Published on 12/11/2024
» Last month, returning to Japan for the first time since the Covid-19 pandemic, I was struck by how significantly prices had increased. In February 2020, a simple lunch in downtown Tokyo cost about JP¥1,000, then the equivalent of about $10 (324 baht); today, it costs more like JP¥2,000. To some extent, this mirrors the experience in the US, where, even as inflation moderates, prices remain well above their pre-pandemic levels. The difference is that Japan has also experienced a sharp currency depreciation, which benefits foreign visitors: that JP¥2,000 bill translated to just $13.
Trump redux and US-Thai-Asean ties
Oped, Kavi Chongkittavorn, Published on 12/11/2024
» Under President Donald Trump, the trajectory of US-Thai-Asean relations will be defined by three factors -- rising trade imbalances, intensifying US-China rivalry and Asean's long-term aspirations under its Community Vision 2045. Donald Trump's "America First" policies will impose many challenges.
Embracing a greener economy
News, Muthukumara Mani, Published on 11/11/2024
» Thailand stands at a pivotal crossroads. While it has progressed from a low-income to an upper-middle-income economy, its path to high-income status faces formidable obstacles.