Showing 1 - 10 of 66
How China won innovation in lieu of freedom
Oped, Jennifer Lind, Published on 28/11/2025
» A decade ago, China's government unveiled Made in China 2025 -- a bold vision for transforming the country from the world's assembly line into a global innovation leader. The plan was met with considerable scepticism, particularly in the West, where a robust scholarly consensus held that authoritarianism was fundamentally incompatible with innovation. China was light-years behind the global frontier. Barring drastic political change, many observers concluded, China would remain a "copycat nation".
What to learn from enforced errors of the past
Oped, Jacques Attali, Published on 28/10/2025
» Every generation believes it is living in an unprecedented era with unique challenges. But time and again, the same patterns and motivations have weakened and even destroyed civilisations, or strengthened them and enabled them to flourish. To learn from the past requires recognising its symmetries and resonances.
Thai EV bets in a changing landscape
Oped, Ye Yuan, Published on 28/08/2025
» In late July, electric vehicle (EV) company Omoda & Jaecoo announced it would increase investment in Thailand after pledging to build a manufacturing plant.
Thailand must redefine FDI for future
News, Peerasit Kamnuansilpa, Published on 14/08/2025
» Thailand's economic future looks increasingly uncertain. Once a rising star among emerging markets, the country now faces persistent stagnation. A key reason lies in how we have treated foreign direct investment (FDI) -- not as a strategic lever for national economic development but as a short-term fix driven by rent-seeking behaviour, bureaucratic collusion, and a failure to safeguard the nation's long-term economic interests and its goals for equitable development.
Cost, benefit of global value chain
Oped, Keun Lee and Isabel Álvarez, Published on 11/07/2025
» Geopolitics are a major driver of the deglobalisation now being spearheaded by the United States. But there are also economic arguments to be made for bringing supply chains closer to home. So, what are the economic costs of globalisation, and do they outweigh the benefits?
Can Thailand survive Trade War 2.0?
Oped, Kirida Bhaopcihitr, Published on 23/04/2025
» As the trade war is now being waged globally, Thailand needs to cope with the emerging impacts while trying to minimise the risks and grasp the arising opportunities. It is therefore important to understand both the upcoming headwinds and tailwinds for the Thai economy and businesses in Thailand.
Little cause for optimism in year ahead
News, Chartchai Parasuk, Published on 09/01/2025
» One would expect the first article of the year to be about economic predictions. I will certainly do that but not in today's article. It will be in my next one. The reason being that my predictions will not be as positive as those of others.
GDP figures don't reflect real situation
Oped, Chartchai Parasuk, Published on 26/12/2024
» This article is the last for 2024. I have made many bad predictions about the Thai economy throughout the year. Many became true, like the contracting credit market, the NPL explosion, and an ineffective cash handout programme. Many have not become true (or have they?). One was GDP growth. Instead of shrinking as I predicted, GDP growth rates improved from quarter to quarter. They were 1.6% for Q1, 2.2% for Q2, and 3.0% for Q3. And it is expected to be 3.5% for Q4 to fulfil the annual 2.6% growth projection.
Data paints economy as 'black hole'
News, Chartchai Parasuk, Published on 12/12/2024
» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?
Poor pay, rich save
Oped, Postbag, Published on 07/12/2024
» Re: "15% VAT plan has vexed", (BP, Dec 6) and "Pichai promotes rejig of tax rates", (Business, Dec 3).