Showing 81 - 90 of 110
The clean energy race is on but it needs investment
Oped, Gernot Wagner, Published on 26/08/2022
» The United States has entered the clean-energy race in a big way with the Inflation Reduction Act (IRA) of 2022. Not only will the law subsidise US renewable-energy producers and consumers to the tune of US$369 billion (13 trillion baht) over 10 years; it also authorises the Department of Energy (DOE) to lend up to $250 billion to US companies that are investing in the clean energy transition. Between the IRA and the recent $52 billion package to boost US semiconductor production, it is clear that industrial policy is back in vogue in Washington, DC.
Abe's death may give Japan scope to curb stimulus
Oped, Leika Kihara, Published on 14/07/2022
» The death of Shinzo Abe, namesake of Japan's "Abenomics" policy, makes any immediate challenge to his legacy highly unlikely but could eventually allow Prime Minister Fumio Kishida to phase out Abe's government spending and monetary stimulus.
How far should interest rate hikes go?
Oped, Chartchai Parasuk, Published on 16/06/2022
» No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will be introduced at the upcoming Monetary Policy Committee (MPC) meeting scheduled for Aug 10.
Russia is stuck in a vicious circle while it plays bluff
Oped, Manlio Graziano, Published on 03/06/2022
» The Russian war in Ukraine is a calamity -- for the people suffering through it, for Ukraine, for Russia, for China (which needs stability to develop faster than its competitors), and for most of the world (due to the resulting energy and food crises).
Behind the scenes: Thailand's IPEF talks
Oped, Kavi Chongkittavorn, Published on 24/05/2022
» At the weekly cabinet meeting last week, item No.15 was one of the most important issues up for discussion. This concerned a planned statement on the Indo-Pacific Economic Framework for Prosperity (IPEF) proposed by US President Joe Biden. The cabinet was quick to agree that Thailand was named as a signatory when Mr Biden announced the new trade agreement during his visit to Japan.
Testing times for the 'brothers-in-arms'
Oped, Chairith Yonpiam, Published on 07/05/2022
» The political mercury is rising as the opposition bloc warms up for another challenge to Prime Minister Prayut Chan-o-cha, this time in the form of a planned no-confidence motion.
Thai interest rate policy needs changing
Oped, Chartchai Parasuk, Published on 05/05/2022
» On March 16, the Federal Open Market Committee (FOMC), the US equivalent of Thailand's Monetary Policy Committee, raised its policy interest rate (Fed Funds Rate) by 25 basis points from 0.00%-0.25% to 0.25%-0.50% to tame rising inflation.
Pass the smell test
Oped, Postbag, Published on 05/05/2022
» Re: "Waste-to-energy plant shut as locals gripe over foul smell", (BP, May 2).
Economic growth in 2022 no mean feat
Oped, Chartchai Parasuk, Published on 10/02/2022
» Most economic research houses, government and private, projected Thailand would see GDP growth of 3.5-4% this year. Even the Joint Standing Committee of Commerce, Industry, and Banking, an organisation representing Thai business entities, supported that range.
Who is winning the trade war?
Oped, Pinelopi Koujianou Goldberg, Published on 25/01/2022
» The United States-China trade war started in 2018 and has never officially ended. So, which side has been "winning" it? Recent research offers an unambiguous answer: neither. US tariffs on Chinese goods led to higher import prices in the US in the affected product categories, and China's retaliatory tariffs on US goods ended up hurting Chinese importers. Bilateral trade between the two countries has tanked. And because the US and China are the world's two largest economies, many regard this development as a harbinger of the end of globalisation.