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Search Result for “current account”

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OPINION

Implications of conservative triumph

Oped, Thitinan Pongsudhirak, Published on 13/02/2026

» The incumbent and conservative Bhumjaithai (BJT) Party has surprisingly swept Thailand's Feb 8 election with a commanding win. With the previously poll-leading and progressive People's Party (PP) coming in a distant second, Thailand appears headed for a conservative coalition government revolving around BJT and like-minded junior partners. Known for its conservative stance and being pro-status quo, it would not be surprising if the BJT-led coalition government, led by Prime Minister-elect Anutin Charnvirakul, were not challenged by the Constitutional Court, the Election Commission, and other supervisory agencies, which have derailed and dissolved reform-minded winning parties in the past.

OPINION

Selective blame

Oped, Postbag, Published on 13/02/2026

» Re: "NACC timing questioned", (Editorial, Feb 11).Re: "NACC timing questioned", (Editorial, Feb 11).

OPINION

How world's super-rich are rewriting the rules

Oped, Joseph E Stiglitz & Jayati Ghosh, Published on 13/02/2026

» Ongoing efforts to derail multilateral tax cooperation lie at the heart of a global programme to replace democratic governance with coercive rule by the extremely wealthy -- or what we call 21st-century Caesarism. Any strategy to counter this programme, therefore, must recognise that taxing extreme wealth is essential to saving democracy.

OPINION

Surviving the collapse of the population

Oped, Gwynne Dyer, Published on 13/02/2026

» 'To them that hath shall [more] be given" is generally a reliable guide, especially in economic matters, but it doesn't work if the beneficiaries are too stupid to take advantage of the gift. The scarce and precious commodity in this case being people, who are in increasingly short supply.

OPINION

Next government won't be a grey one

Oped, Nattaya Chetchotiros, Published on 12/02/2026

» The formula for the new government will be an amalgamation of three colours -- navy blue representing the Bhumjaithai Party (BJT), red symbolising Pheu Thai (PT), and light blue, the colour code of the Democrat Party.

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

Ground game

Oped, Postbag, Published on 12/02/2026

» Re: "BJT win bodes well for conservatives", (BP, Feb 11). Given the tallies of the nationwide party list vote, I don't understand the justification for the following assertions: "BJT's landslide victory reflects a surge of nationalist sentiment" (5.9M votes); the PP suffered from "lingering voter scepticism" and "eroded public confidence" (9.8M votes).

OPINION

Will poll be breakout or more of same?

Oped, Thitinan Pongsudhirak, Published on 06/02/2026

» As Thais go to the polls this Sunday, the most consequential question is whether Thailand will finally break out of its debilitating cycle of political instability and economic underperformance that has marked the past two decades. The signs and signals suggest otherwise -- at least not yet.

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

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%.