Showing 1 - 3 of 3
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.
State caught asleep at wheel
Editorial, Published on 06/10/2024
» The slow recovery of flood-ravaged areas in Chiang Rai province and alleged gold scams by online retailers Kornkanok "Mae Tuck" Suwannabut and her husband Kanpol "Pa Bia" Rueng-aram have one thing in common -- they show how state agencies are not doing enough to protect citizens.
Unplugging the electricity monopoly
Oped, Rapeepat Ingkasit, Published on 18/09/2024
» Thailand's electricity prices remain stubbornly high, burdening consumers and businesses alike.