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Search Result for “balance of payments”

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OPINION

Asean's role in a new world order

Oped, Chartsiri Sophonpanich, Published on 16/02/2026

» Profound shifts are reshaping the global economy as political uncertainty, geopolitical rivalry and changing trade patterns disrupt the old world order, while a new one has yet to fully emerge.

OPINION

Emerging markets stand strong

Oped, Kristalina Georgieva and Mohammed Al-Jadaan, Published on 12/02/2026

» It used to be that when advanced economies sneezed, emerging markets caught a cold. That is no longer true. Following recent global shocks, such as the post-pandemic inflation surge and a new wave of tariffs, emerging markets have held up well. Inflation has continued to slow, currencies have generally retained their value, and debt issuance costs have remained at manageable levels. There has been no sign of the kind of financial turbulence that came with past economic shocks.

OPINION

Rethinking global health finance

Oped, Walter O Ochieng & Tom Achoki, Published on 06/02/2026

» For the past half-century, the economics of global health were straightforward. Under the so-called "grant-based" approach, rich countries donate to poor countries, which use the funds to meet their populations' health needs. Success was measured by services provided or lives saved, rather than by balance sheets. While this model was far from perfect, the latest approach replacing it -- focused on using tools like guarantees and blended finance to crowd in private capital -- threatens to produce even worse outcomes.

OPINION

Our tariff-era dollar, your problem

Oped, Qiyuan Xu, Published on 04/02/2026

» In 2025, the dollar index, which measures the greenback's strength against a basket of major currencies, fell by roughly 9.4%. Over the same period, the United States' average effective tariff rate rose by around 14.4 percentage points, from 2.4% to 16.8%, according to the Yale Budget Lab. Taken together, these shifts imply that, in the import trade domain, the US experienced an effective exchange-rate depreciation of around 24%.

OPINION

Peace board price tag

Oped, Editorial, Published on 21/01/2026

» Thailand has received an invitation from US President Donald Trump to join his newly proposed "Board of Peace", an organisation ostensibly aimed at overseeing the reconstruction and peace process in Gaza following more than two years of devastating conflict.

OPINION

Three main parties and two directions

Oped, Thitinan Pongsudhirak, Published on 16/01/2026

» Although Thailand's election campaign is reaching fever pitch ahead of voting day on Feb 8, the dynamics and contours of its final outcome can be gleaned from past polls over the last 25 years. Only once in January 2001, as was indicated in this space last week, were voter results fully honoured and carried out. Other elections were either upended by military coups or manipulated by judicial interventions.

OPINION

Who runs Red Line?

Oped, Postbag, Published on 16/01/2026

» Re: "Red Line B40 daily fare cap starts", (BP, Dec 2, 2025). I'm just curious whether the Red Line commuter trains are under the jurisdiction of the Mass Rapid Transit Authority (MRTA) or the State Railway of Thailand (SRT).

OPINION

Turning ageing into opportunities

Oped, Sutthida Lertrujiwanich, Published on 14/01/2026

» Thailand has grown grey before it has grown rich. The challenge now is how to turn older people into a driving force for the economy instead of letting them slow the country down. Unlocking their potential and meeting their needs may hold the answer.

OPINION

Nuanced Thai smiles

Oped, Postbag, Published on 09/01/2026

» Re: " 'Mai pen rai' paradox: from kindness to toxic silence", (Life, Jan 7). This is an excellent article, but alas goes down a rabbit hole, akin to mitigating daily road fatalities and addressing other issues often lamented in this column that we're acquainted with.

OPINION

2026 will be a year of debt struggles

Oped, Chartchai Parasuk, Published on 08/01/2026

» Forget GDP growth. Forget tourist arrivals. Forget export figures. In 2026, Thailand's overriding economic challenge will not be growth but debt repayment.