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Search Result for “bond defaults”

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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

People's Party needs to sort out its mess

Oped, Veera Prateepchaikul, Published on 23/02/2026

» Two weeks have passed since the election on Feb 8, and yet no one has come up with proof that the barcodes and QR codes printed on ballot sheets used on the day can be traced back to individual voters, showing for whom and which parties they voted for.

OPINION

Could a Brics currency rival the dollar?

Oped, Jim O'Neill, Published on 18/02/2026

» Could the Brics (Brazil, Russia, India, China, South Africa) ever launch a shared currency to challenge the US dollar's dominant position in the world economy? Like many conventional international economists, I have generally dismissed the idea, despite my own role in coining the Brics acronym, which led to the creation of a formal Brics club (since expanded into the Brics+, with the addition of five new members).

OPINION

In an uncertain world, gold is a comfort

Oped, Chartchai Parasuk, Published on 05/02/2026

» With Thai citizens heading to the polls this Sunday to decide which party will form the next government, I have decided to postpone my article on the economic crisis for another two weeks.

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.

OPINION

Thai-Sino ties take new steps

Oped, Zhang Jianwei, Published on 13/11/2025

» In China's diplomacy with neighbouring countries, the friendly relations between China and Thailand have always sparkled. The many "firsts" created in this relationship have vividly demonstrated the special bond of "China and Thailand are as close as one family" as well as a firm belief of the two countries in working hand in hand for common development, bringing great benefits to the people, and setting a shining example of regional cooperation.

OPINION

Can world weather another crisis?

Oped, Jayati Ghosh, Published on 07/11/2025

» As stock markets hit record highs, rising financial fragility is setting off alarm bells across the United States and Europe. The International Monetary Fund has recently echoed these concerns, stoking fears of a looming crisis.

OPINION

History beyond race, ultra-nationalism

Oped, Sanitsuda Ekachai, Published on 09/10/2025

» The hall fell silent as the 87-year-old anthropologist began to speak. His voice was weak, punctuated by pauses to catch his breath, yet every word carried the weight of decades of scholarship.

OPINION

The baht is almost as good as gold

Oped, Chartchai Parasuk, Published on 18/09/2025

» The baht is undoubtedly the strongest currency in the region. Over this year, the baht has appreciated 4.45% against the dollar while the Vietnamese dong has depreciated 8.47%.

OPINION

Thai SMEs are in need of a lifeline

Oped, Dai Kadomae, Published on 07/08/2025

» Thailand's small and medium-sized enterprises (SMEs) are quietly suffering through a credit crunch with far-reaching implications. Despite accounting for over 90% of registered businesses, SMEs are finding it harder than ever to access capital. The economic recovery has been uneven, and traditional lenders -- still cautious after the pandemic -- are reducing risk exposure. But the core issue is not merely liquidity; it is the absence of a national system for reviving viable but stressed firms.