The attached ADB paper says: “The idea of the Asian bond market emerged first from Thailand in the summer of 2002. The creation of a bond market requires both issuers of bonds and investors in those bonds. The Thai initiative focused mainly on the investor side as then-Prime Minister, Thaksin Shinawatra, proposed that the members…
Thailand’s central bank cut this year’s growth forecast nearly by half to 1.5 per cent but sees a much brighter 2015 as the new military government tries to reinvigorate the economy after prolonged political turmoil. While slashing this year’s growth projection from the 2.7 per cent seen in March, the BOT raised next year’s growth…
Prayuth is shaking-up state enterprises, with the stated goal of improving performance and will likely be appointing a host of new CEO and board members to the state enterprises. Of course, Thailand is infested with corruption and bad management, and the Thai military is “No Exception” to the rule. On corruption, after the 2006 coup,…
The Prayuth junta is off to a nasty start, as far as human rights are concerned. After being blasted by the UN and Asian high commissions for human rights violation, related the junta crack-down on anti-coup protesters, the junta tool Thailand straight into another human rights crisis, with Thailand being the only country globally, refusal…
Thailand’s entertainment giant, RS, not happy with junta’s free World Cup happiness campaign. Thailand’s entertainment giant, RS, where its Investor relations says the firm would like to inspire everyone to share and forward happiness, is not happy with Prayuth’s junta “Free World Cup” campaign to bring happiness to Thailand. RS, the firms that has the…
“We are an economic force to reckon with,” says Sihasak Phuangketkeow, Thailand’s Permanent Secretary for Foreign Affairs, at the ongoing Shangri-La Dialogue in Singapore, meaning, Thailand is threatening the globe, with its economic power. Before the Thai 2014 Thai Coup, Thailand’s junta head, Prayuth, said over and over, “There will be no coup, and a…
Wondering, why Thailand’s economy and business is turning sour, and consumer confidence is tanking badly? You do not have to take my word for it, but please do a deep Google search, as a few years back, the US$ billionaire, iconic global class investor, Warren Buffet, said something interesting. Buffet, then made some remarks, that…
Perhaps “Spinning A Presentable Face” Thailand’s Central Bank governor, Prasarn, told the Bangkok Post yesterday, quote: “The Thai economy can withstand the prolonged domestic political uncertainties in the short run thanks to the country’s strong fundamentals.” That political crisis, says Gwynne Dyer, a syndicated columnist in some 50 countries, on May 08, 2014, is about,…
I have always had a soft-spot in my heart for the Fourth International, and perhaps that is because like many people, I love the little guys that goes and battle it out with the giants of the planet. I am an advocate of Joseph Schumpeter, who writes a great deal about entrepreneur. Entrepreneurs, many of…
A host of sustainable issues are related to the rich and poor gap, from economics, to democracy, to social, and to even the environment. And Thailand. with one of the globe’s widest rich and poor gap, have suffered on all fronts and all accounts, from the lack of being able to sustain most things, related…
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