Showing 1 - 10 of 30
Three shocks that shook us in 2025
Oped, Yanis Varoufakis, Published on 24/12/2025
» This was the year that the remaining pillars of the late-20th-century order were shattered, exposing the hollow core of what passed for a global system. Three blows sufficed.
Anutin's new cabinet is a mixed bag
Oped, Thitinan Pongsudhirak, Published on 26/09/2025
» The composition and size of Prime Minister Anutin Charnvirakul's 36-member cabinet suggest that he intends to stay in office for as long as possible, clinging to the terms of the government-enabling Memorandum of Agreement (MOA) and calling an early election only if circumstances make it unavoidable.
Party-pooping haze
Oped, Postbag, Published on 11/01/2025
» Re: "PM2.5 tipped to worsen until Monday", (BP, Jan 10).
BoT, govt may have wrong inflation data
Oped, Chartchai Parasuk, Published on 17/10/2024
» At the time of writing (Tuesday), the Bank of Thailand's Monetary Policy Committee (MPC) had not met to decide on the policy interest rate which is currently set at 2.50%. The panel was scheduled to meet yesterday and the committee was under pressure to lower the rate by 25 basis points. The pressure arises from many months of low inflation rates and the recent strong Thai baht. Several central banks in the region have cut their policy interest rates for those two reasons. The latest one is the Bank of Korea.
2011 all over again?
Oped, Postbag, Published on 31/08/2024
» Re: "Chao Phraya River basin raises flood risk", (BP, Aug 26).
Let's double down on resilience
Oped, Rick Holland, Published on 10/06/2024
» This year has already seen a cascade of extreme weather events -- from devastating floods in Pakistan, to scorching heatwaves in the Sahel and West Africa -- leaving an indelible mark on many parts of the world. The increasing number of lives (now already in the tens of millions) affected by extreme weather events further reminds us how vulnerable we are in the face of an increasingly volatile climate and water system.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
Time to stop making empty promises
Oped, Chartchai Parasuk, Published on 07/03/2024
» The Nikkei 225 Index just broke 40,000, surpassing the record high of 1989. The stellar stock market performance happened amid the fact that Japan's economy is officially in recession after two consecutive quarters of negative GDP growth.
BoT is absolutely right in holding rates
Oped, Chartchai Parasuk, Published on 22/02/2024
» The whole country -- the government, its economic agencies, private economic research houses, the private sector, and academics -- is accusing the Bank of Thailand (BoT) of being stubborn for refusing to lower interest rates to support the weak economy, aka, the economy in crisis.
Digital wallet should be implemented
Oped, Thitinan Pongsudhirak, Published on 16/02/2024
» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.