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OPINION

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.

OPINION

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.

OPINION

UN picks rights council members with bad records

Oped, John J Metzler, Published on 23/10/2025

» In a ritual of near-farcical folly, the UN General Assembly has elected 14 new members to join the Geneva-based Human Rights Council on Oct 15.

OPINION

No time to wait for Thai fiscal reform

Oped, Wichit Chantanusornsiri, Published on 17/09/2025

» The daunting mission of the four-month-old government led by Prime Minister Anutin Charnvirakul is to revive an economy that has been sluggish for a long time. Can the Anutin government deliver? After all, tackling "bread-and-butter" issues requires fiscal sustainability.

OPINION

Clean energy offers opportunities

Oped, António Guterres, Published on 24/07/2025

» Energy has shaped humanity's path -- from mastering fire, to harnessing steam, to splitting the atom. Today, we're at the dawn of a new era. The sun is rising on a clean energy age.

OPINION

US fiscal state is everyone's issue

Oped, Paola Subacchi, Published on 28/05/2025

» As Donald Trump's "big, beautiful" tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody's downgraded US sovereign debt from its long-held triple-A status to Aa1 -- following similar decisions by Standard & Poor's (in 2011) and Fitch Ratings (2023). Given the sheer volume of US debt -- which now stands at $36 trillion, or 124% of GDP -- and rising interest costs, these institutions have concluded that US debt metrics are no longer in line with those of similarly rated sovereigns.

OPINION

Untangling bond market credit ratings

Oped, Pichamon Keakij and Dollada Kasarn, Published on 07/05/2025

» The Thai bond market now averages 65 billion baht in daily transactions -- a remarkable increase from just 1 million baht in 1994.

OPINION

Property win-win

Oped, Postbag, Published on 02/05/2025

» Re: "Down with bad laws", (PostBag, April 27) & "Illicit foreign stakes in firms 'widespread'", (BP, April 25). 

OPINION

Unpunished crimes, except Duterte's maybe

Oped, Gwynne Dyer, Published on 18/03/2025

» Everybody has heard the saying: "The mills of justice grind slowly, but they grind exceeding fine". The saying is a promise that all crimes will eventually be punished -- but it is a lie.

OPINION

Time to boost green investments

Oped, José Antonio Ocampo, Published on 04/03/2025

» The United Nations Conferences on Financing for Development have been great occasions for building consensus on global financing issues. The next meeting, set for mid-2025 in Spain, will continue the progress made previously in Monterrey (2002), Doha (2008), and Addis Ababa (2015), and preparations are already underway with the launch of two major background documents.