Showing 1 - 9 of 9
Role of banks in climate change future
Oped, Sarinee Achavanuntakul, Published on 22/01/2025
» On Jan 10, the World Meteorological Organization (WMO) announced that 2024 was the warmest year on record, likely the first year with a global mean temperature of more than 1C above the 1850-1900 average. Despite the alarming fact, the year 2025 is not off to a good start. The same week that WMO made that ominous announcement, JP Morgan became the sixth and latest bank in the United States to withdraw from the UN-backed Net Zero Banking Alliance (NZBA), following the earlier exits of Citigroup, Bank of America, Morgan Stanley, Wells Fargo, and Goldman Sachs -- all of which left since the start of last month.
Security fears
Published on 14/10/2024
» Re: "Handout not definite vote-winner: survey", (BP, Oct 6).
Rethink debt servicing
News, Editorial, Published on 01/12/2023
» Informal debt has been a chronic problem in Thai society, affecting a large number of people, particularly low-income earners.
Legal hurdle may help PT axe handout
Oped, Chairith Yonpiam, Published on 18/11/2023
» The latest incarnation of the much-vaunted digital wallet scheme is very different from the original version Pheu Thai promoted during its election campaign.
Sub guinea pig
Oped, Postbag, Published on 12/08/2022
» Re: "Navy may take sub engines from China", (BP, Aug 10).
Rate cut not the answer
News, Editorial, Published on 28/06/2021
» Prime Minister Prayut Chan-o-cha recently asked the Bank of Thailand to review interest rates for credit cards and personal loans to tackle skyrocketing household debt.
Debt woes expose education integrity crisis
News, Wichit Chantanusornsiri, Published on 16/08/2018
» Recent stories about teacher and student loan defaults have shed light on a crisis of integrity within our education system.
Teachers must learn
News, Editorial, Published on 23/07/2018
» The increasing call to help heavily indebted teachers is a reflection of deep failure at so many levels. As the government rightly points out, teachers collectively have acted irresponsibly in accumulating debts totalling 418 billion baht from the special Government Savings Bank (GSB) fund. The teachers claim the government and its bank have encouraged borrowing. And critics are correct to note that the vast majority of the borrowings were mainly for personal enjoyment and buying consumer items.
Teachers must learn the lesson of 'sufficiency'
News, Soonruth Bunyamanee, Published on 18/07/2018
» In the aftermath of the 1997 Asian financial crisis, a well-known businessman who went bankrupt as a result of the abrupt baht devaluation gave a blunt message to his creditors: "no money, no fleeing, and no paying".