Showing 1 - 10 of 42
Is there a case for IMF gold sales?
News, Tim Hirschel-Burns & Marina Zucker-Marques, Published on 14/10/2025
» With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to dream of stumbling across a pot of gold. Dream no longer: The International Monetary Fund is currently sitting on 90.5 million ounces of the metal.
Building infrastructure for the AI age
Oped, Diane Coyle, Published on 22/07/2025
» The London Underground, the world's oldest subway system, opened in 1863. Around the same time, London's modern sewage system was designed by civil engineer Joseph Bazalgette in response to the Great Stink of 1858, which brought parliament to a standstill. Planning far ahead, Bazalgette built the system to last 150 years. Only now, with the Thames Tideway project, is it being significantly expanded.
Little action on cutting power bills
Editorial, Published on 06/04/2025
» On the surface, a pledge by the Paetongtarn Shinawatra government to cut electricity prices from 4.15 baht per kilowatt-hour to 3.99 baht for the next billing cycle starting May 1 seems like long-awaited good news.
Sun-powered schools are a smart move
Oped, Rapeepat Ingkasit, Published on 19/02/2025
» Thailand's rising electricity costs are not just a concern for businesses; they are placing a financial burden on schools. In 2023, a local business daily, Bangkok Biz, reported that many schools were struggling with high electricity liabilities.
NK troops sent to the Ukraine: cannon fodder?
Oped, John J Metzler, Published on 24/10/2024
» The rumours were true. The apparent dispatch of elite North Korean military units to fight alongside Russian troops in Ukraine appears at first surprising but actually is quite logical given the historic and comradely ties between Pyongyang and Moscow. After all, North Korea's isolated Kim Jong-un regime has forged increasingly close ties with Vladimir Putin's Russia and the cash-strapped North Koreans have shipped more than eight million 122mm and 152mm artillery shells to Russia during in the past year.
Help out SMEs
Oped, Postbag, Published on 15/10/2024
» Re: "Stronger SME links 'key' to sustainability", (Business, Oct 12).
China needs to step back from decentralisation
Oped, Huang Yiping, Published on 10/08/2024
» The decentralisation of decision-making from the central government to local authorities is widely regarded as one of China's most effective policy reforms in the past four decades. As the Communist Party's priorities shifted from class struggle to economic development, decentralisation turned out to be a tremendous catalyst for growth.
Digital wallet tokens could hit scheme
Oped, Chartchai Parasuk, Published on 08/08/2024
» I bet the government never thought of this when they thought of the Digital Wallet scheme. It probably does not make sense to it that there could be millions of people shunning pseudo money, namely Digital Wallet Tokens (DWTs). Perhaps, in the government's mind, a DWT is almost on a par with genuine money -- fiat money.
3.2% GDP growth 'pie in the sky'
News, Chartchai Parasuk, Published on 11/01/2024
» This year must be my lucky year. One of the key points of this article is to underline the risk of financial crisis compared to 1997. But this time it would not come from bank failures, it would come from defaults on corporate bonds and commercial papers. The reasons are the low cash position of corporates from many years of weak economic performance and, most importantly, today's super-tight domestic liquidity to refinance matured bonds and papers. I am a little wary that readers may scorn such a bold opinion. However, out of the blue, my opinion was proven correct on Monday when Italian-Thai Development (ITD) announced the postponement of payments on its bonds due in 2024 to 2026 with a total value of 14.45 billion baht for two years.
Gaza: The ones bombed and their bombers
Oped, Gwynne Dyer, Published on 22/12/2023
» Yesterday, the known death toll of Palestinians in Gaza since Oct 7 reached 20,000.