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Search Result for “banking license”

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OPINION

Is the Iran war America's Suez or its Gallipoli?

Oped, Yanis Varoufakis, Published on 21/04/2026

» When Egypt closed the Suez Canal for five months in 1956, it triggered events that shrunk the global standing of Britain's pound sterling, inaugurated the petrodollar age, and demonstrated how a small country can inflict serious damage upon the economic power that had subjugated it decades earlier.

OPINION

Chinese economy turns a corner

News, Stephen Jen, Published on 18/04/2026

» China has turned a corner, finally. Five years after Beijing began cracking down on its bloated property sector, its economy is now on a much more sustainable path anchored in high-quality growth -- and the correction has left far fewer scars than many feared.

OPINION

A prudent path

Oped, Postbag, Published on 11/03/2026

» Re: "Thailand braces for fallout from Mideast war", (Business, March 9). While we wish the leading political party in the new government fortitude and resilience in its efforts to steer Thailand through these turbulent times, we must also remind ourselves of the wise counsel of King Bhumibol Adulyadej the Great when he proposed the Sufficiency Economy as the most viable philosophy to help Thailand surmount the challenges of external threats and global shifts in economics and political destabilisation.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.

OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

Thailand must manage debt to progress

Oped, Chartchai Parasuk, Published on 22/01/2026

» This article may be read as a continuation of my previous piece, Year of the Debt. That article focused mainly on household debt, which has already risen beyond the ability of Thai consumers to repay.

OPINION

Graft thrives along Mae Sot border

Oped, Paskorn Jumlongrach, Published on 20/01/2026

» The arrest of Ratchapong "Pond" Soisuwan, a constituency candidate representing the People's Party and then incumbent MP for Constituency 2, former MP for Mae Sot district in Tak province, came as little surprise to local people.

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

It's the economic history, stupid

Oped, Iker Saitua, Published on 14/01/2026

» Every year, I walk into a first-year lecture hall in Bilbao at the University of the Basque Country (EHU) and watch shoulders slump. The title of the course I'm teaching -- "Economic History" -- draws a similarly dejected reaction from my students: "Meh." "Boooring." "What's this even for?" Some call it "the history class", as if it belonged to another century.

OPINION

Another wasted year in Thai politics

Oped, Thitinan Pongsudhirak, Published on 26/12/2025

» As Thailand winds down 2025 with an early election looming on Feb 8, the most consequential issue to watch in the coming year will be whether recent topsy-turvy political patterns of polls, protests, and military and judicial interventions give way to a compromise between the old guard clinging on to vested interests and the new generation clamouring for reform and change.