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OPINION

Govt needs more than luck with new lottery plan

News, Wichit Chantanusornsiri, Published on 27/06/2019

» The idea of having the Government Lottery Office (GLO) run a two- and three-digit lottery scheme is taking shape once again.

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OPINION

New govt faces massive economic task

News, Wichit Chantanusornsiri, Published on 30/05/2019

» For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.

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OPINION

Instability threatens economic growth

News, Wichit Chantanusornsiri, Published on 27/04/2019

» Without decisive winners from the March 24 poll, there are fears that political instability will affect the country's economy. Such concerns are understandable given that three parties, namely the pro-military Palang Pracharath Party, and Pheu Thai Party and Future Forward Party (which brand themselves as the anti-regime camp), are engaging in a post-election tug of war.

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OPINION

Welfare not a banquet, but a necessity

News, Wichit Chantanusornsiri, Published on 07/03/2019

» The ongoing election campaign is seeing all competing political parties make ambitious promises to turn Thailand into a welfare state to entice their prospective supporters.

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OPINION

Poverty is not a political commodity

News, Wichit Chantanusornsiri, Published on 14/02/2019

» As the election is drawing near, most if not all political parties are making eradicating poverty and closing the economic gap their flagship policy, rolling out enticing populist programmes in the hope of winning the hearts and minds of voters.

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OPINION

Wake up and ‘smell’ the boiling water

News, Wichit Chantanusornsiri, Published on 10/01/2019

» Despite the uncertain date of the long-awaited election, political parties have intensified their poll campaigns, offering tempting policies to attract voters. A quick look at the campaign pledges of the competing parties suggests they want to turn Thailand into a welfare state. That would be a tough task.

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OPINION

Salt, sugar, grey hair a perfect health storm

News, Wichit Chantanusornsiri, Published on 15/11/2018

» A changing diet in past decades has seen Thai people grow accustomed to consuming too much sugar and salt, negatively impacting their health. This has led to more cases of non-communicable diseases (NCD), heart problems, high-blood pressure and diabetes in state hospitals, which is placing a heavy burden on government spending.

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OPINION

Rethinking our attitude towards populism

News, Wichit Chantanusornsiri, Published on 06/12/2018

» The new package intended for the poor, valued at 38 billion baht issued by the Prayut Chan-o-cha administration ahead of the election, is seen by critics as a populist tactic aimed at maximising political gain. Yet in my opinion, it's time we took a new look or changed our attitude toward populist policies. The fact is that all governments, elected or not, tend to embrace populism and even though some packages may not benefit the middle class, populist policies are just inevitable.

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OPINION

BoT right in fending off property bubble

News, Wichit Chantanusornsiri, Published on 25/10/2018

» The Bank of Thailand (BoT) deserves praise for warning about the risk of a speculative bubble in the property sector, in particular from mushrooming condominium projects.

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OPINION

Looking forward to a THAI miracle

News, Wichit Chantanusornsiri, Published on 27/09/2018

» As THAI's new management team is struggling to get the ailing flag carrier back in the black by 2022, the public looks on with anxiety. Will there be a miracle?