Showing 1 - 9 of 9
America's technology blind spot
News, S Alex Yang and Angela Huyue Zhang, Published on 09/12/2024
» Nationalism has emerged as a potent force shaping global tech policy, nowhere more so than in the United States. With Donald Trump returning to the White House for a second term, his vision for America's technological future is coming into sharper focus.
Are Trump's tariffs going to be worth it?
Oped, Pinelopi Koujianou Goldberg, Published on 03/12/2024
» US President-elect Donald Trump's promise to impose a 60% tariff on imports from China and a 10-20% tariff on all other imports has triggered a public debate about whether such policies are really so bad. After all, a tariff is a consumption tax, and most economists favour taxes on consumption over income taxes.
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
What Trump's win means for the climate
News, Gernot Wagner, Published on 11/11/2024
» Elections are supposed to clarify policy uncertainties, and on the economic front, Donald Trump's victory over Kamala Harris has done just that. All three major US stock indices and US Treasury yields jumped after Nov 5, reflecting expectations of both strong economic growth and soaring debt and inflation.
Wage hike stuck in limbo
News, Editorial, Published on 25/09/2024
» The national tripartite wage committee deferred its meeting again yesterday, derailing the Pheu Thai Party's flagship policy of raising the daily minimum wage to 400 baht nationwide by Oct 1.
New rules for pot use
Oped, Editorial, Published on 24/09/2024
» Thailand was the first country in Southeast Asia to legalise cannabis. Despite the policy mandated on June 9, 2022, being made for medical use and wellness, the outcome was one of disarray.
US can't rely on inflation shamanism
News, James K Galbraith, Published on 23/09/2024
» Google "shamanism" and you will find that it is "a tradition of part-time religious specialists who establish and maintain personalistic relations with specific spirit beings through the use of controlled and culturally scripted altered states of consciousness." Every element of that definition applies to monetary policymaking today, as illustrated by the reaction to the US Federal Reserve's Sept 18 decision to cut the short-term interest rate by 50 basis points.
Pheu Thai gambles in casino policy
News, Veera Prateepchaikul, Published on 16/09/2024
» 'Thaksin thinks, Pheu Thai acts." This famous slogan of the ruling Pheu Thai Party was clearly reflected in the government's policies presented to parliament by Prime Minister Paetongtarn Shinawatra last Thursday.
Adapt to new tax policy
News, Editorial, Published on 09/09/2024
» Thailand is now faced with the inevitable task of imposing a top-up tax on transnational firms operating within its borders, in compliance with the global requirements of the Global Minimum Tax (GMT). This tax policy imposes a formidable challenge for the government as it seeks to maintain the nation's competitiveness and continue attracting vital foreign direct investment (FDI).