Overcrowded prisons need reforming

Extreme overcrowding in Thai prisons forces inmates to endure deplorable conditions, stripping away their dignity and humanity. It’s a humanitarian crisis that demands immediate action. Due to terribly cramped spaces, inmates barely have room to sleep. They also suffer poor sanity from insufficient toilets and bathing facilities, in addition to poor-quality food and substandard healthcare. […]

Making exports for a low-carbon era

Exports have been Thailand’s important growth engine for many decades. A number of Thailand’s export destinations have shown increasing interest in and support for low-carbon products. Failure to meet global demand for low-carbon products risks Thailand’s competitiveness in international trade. The options are clear: either adapt to the low-carbon market by reducing the amount of […]

Talking about Water on World Water Day: Sustainable Water Management in the Eastern Region 

“Water is life.”  Not only is water vital for animals and plants alike, it is also an important resource for the economy – ranging from agriculture, industry to service sectors as well as public utilities. Water is inextricably tied to people’s lives as well as to economic growth.  The eastern region in Thailand is critical […]

Education woes aren’t about funding

The education ministry has always received the largest share of the fiscal budget. The Thai government’s investment in education is actually comparable to that of developed nations based on the percentage of national budgets. In the past decade, the education ministry has consistently received the highest budget allocation. It was only this year that it […]

Low-carbon transition with data

Amid escalating climate crisis concerns, the imperative for businesses to reduce greenhouse gas (GHG) emissions does not slow down their growth; instead, it paves the way for new opportunities. Cutting emissions actually enables businesses to curb costs and access new markets in the climate-conscious era. Success stories abound. For instance, a retail company in home […]

Time to ease Thai bond market rules

The Thai bond market, with massive valuations surpassing 16.7 trillion baht as of the end of the third quarter of 2023 and continuous prospective growth, is a crucial mechanism in the capital market and the Thai economy. Net market value could rise by over 386 million baht per year if legal restrictions on bond trading […]

Soft landing likely for this dragon year

The Year of the Dragon brings with it the expectation that the direction of the global economy will be better than that of 2023. Despite earlier concerns about a sharp global economic downturn, recent developments suggest a soft landing for 2024. The World Bank recently reported that global economic growth will be 2.4% this year, […]

Reconsidering unclaimed dividends

Every year, a significant amount of unclaimed stock dividends accumulates due to a loss of contact with some of the rightful owners. This amount is substantial. For example, unclaimed dividends at the Thailand Securities Depository (TSD) have grown to 746 million baht over 10 years. Similarly, asset management companies face this issue with mutual funds […]

Braving hurdles for green transport

‘Match your words with your actions.” That was the message from teenage climate activist Greta Thunberg when she sailed across the Atlantic Ocean in 2019 instead of flying to attend the United Nations Climate Action Summit in New York. The symbolic journey took two weeks. More importantly, achieving it took a strong conviction and determination […]

Reforming the capital market landscape

The capital market plays a significant role in the country’s socio-economy. Not only does it serve as a funding source for the public and private sectors, but it can also help maintain balance in the financial system, which is a crucial mechanism for economic growth, job and income distribution and public saving. In light of the greater influence exerted by global economic processes, the capital market must also adapt and […]

Thailand’s green economy challenge

Climate concerns are reshaping the job market across the globe, leading to a rise in “green” jobs tailored for low-carbon economies. Success now hinges on adaptability to this new job landscape.           Thailand needs to act swiftly. As a country deeply woven into the global supply chain and reliant on exports and foreign investment, failing to […]

End monopoly for cheap, clean energy

If Thailand hopes to honour its global pledge to mitigate climate change by becoming carbon neutral by 2050, there is one way to do it — electricity liberalisation. The “why” is obvious. The power sector is the country’s biggest carbon offender, generating over 42% of the country’s carbon emissions. The big question is how? Switching […]

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