Showing 1 - 10 of 250
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.
G20 must commit to debt relief
Oped, Olusegun Obasanjo, Published on 04/12/2025
» As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, health care, and infrastructure. These countries have so far avoided default, but at the expense of their own development.
VAT hikes alone won't narrow deficit
Oped, Chartchai Parasuk, Published on 27/11/2025
» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.
Grasping the VAT nettle
Oped, Editorial, Published on 24/11/2025
» The proposal to raise value-added tax from 7% to 8.5% in 2028, and to 10% in 2030, by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas is a display of political courage rarely seen in a political landscape where politicians are quick to spend money in the name of "economic stimulus" but stay mum when asked how to finance the schemes.
Intent matters
Oped, Postbag, Published on 12/11/2025
» Re: "Critics question PM's MoU on scams", (BP, Nov 8) & "No conclusion yet on MoUs, panel says", (BP, Oct 28).
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.
High Treasury yields could slow down AI boom
News, Joachim Klement, Published on 29/09/2025
» Tech giants are ploughing money into artificial intelligence, fuelling the ongoing US stock market rally in the process.
Renminbi debt in a dollar-denominated world
Oped, Paola Subacchi, Published on 25/09/2025
» When governments borrow on international markets, they do so overwhelmingly in US dollars. Roughly two-thirds of international debt issuance is denominated in foreign currencies, of which nearly half is in dollars and about 40% is in euros. The rest is spread across other currencies, including the Chinese renminbi.
Indonesian democracy on brink
Oped, Lili Yan Ing, Published on 11/09/2025
» Less than 11 months into his term, Indonesian President Prabowo Subianto faces a stark choice. He can be remembered either as a leader whose presidency was defined by public anger and discontent, or as one who recognised the challenges facing his country and acted in the national interest.
Risky central bank politicisation
Jamie McGreever, Published on 29/08/2025
» There is legitimate debate about the actual independence of modern-day central banks, but almost everyone agrees that overt politicisation of monetary policy — as we appear to be seeing in the United States — is dangerous. Why is that?