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THAILAND

'Grieving Thailand will emerge stronger'

Business, Chiratas Nivatpumin, Published on 08/11/2016

» Most pundits expect a difficult next several months for the Thai economy, following the passing of His Majesty King Bhumibol Adulyadej three weeks ago.

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THAILAND

Govt says reforms key to future

News, Chiratas Nivatpumin, Published on 16/10/2015

» Future economic policy will focus less on stimulus programmes and more on medium-term reforms aimed at rebuilding the country's competitiveness and reducing income inequality, according to government economic ministers.

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THAILAND

Stability 'up to Thai people'

News, Chiratas Nivatpumin, Published on 16/10/2015

» Political and social stability does not depend on the government alone, but rather on the Thai people, says Somkid Jatusripitak, the deputy prime minister and economy czar.

THAILAND

Something rotten in the system

Spectrum, Chiratas Nivatpumin, Published on 16/03/2014

» By most measures, corruption in Thailand today is as entrenched as ever. In the World Economic Forum’s latest competitiveness report, corruption is ranked far and away as the number one problem facing businesses. Transparency International, in its 2013 global survey, ranked Thailand 102 out of 177 countries, twice as bad as Malaysia and a far cry from Singapore’s region-leading place of fifth.

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THAILAND

Economist urges competition

Business, Chiratas Nivatpumin, Published on 13/11/2012

» Most people would agree that competition favours consumers, as the invisible hand of the markets results in better choice and services than in markets with fewer players.

THAILAND

Prasarn rips into upswell of populism

News, Chiratas Nivatpumin, Published on 16/04/2012

» Shifting Thailand's economic and social development to the next level will require genuine statesmanship from the country's political leaders, Governor of the Bank of Thailand Prasarn Trairatvorakul says.

THAILAND

Eurozone crisis poses major threat

News, Chiratas Nivatpumin, Published on 03/01/2012

» The parallels between Europe's economic troubles today and Thailand in 1997 seem all too familiar. A decline in market confidence leads to a sharp rise in borrowing costs, putting pressure on public finances, credit ratings and the financial sector. The political leadership dawdle before enacting tax hikes and budget cuts, resulting in social disruption and a voter backlash. Meanwhile, the crisis is spreading to other countries facing similar troubles, resulting in a regional "contagion" effect.