Showing 51 - 60 of 104
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.
Tonic needed as inflation is here to stay
Oped, Chartchai Parasuk, Published on 27/01/2022
» Inflation is, and will be, the number one economic issue of 2022. All countries are facing rapid rises in consumer prices which is threatening not only their economic recovery from the Covid outbreak but also the stability of many governments. The US consumer price index (CPI) hit a 39-year high at 7% in December 2021, prompting Goldman Sachs to predict that the Federal Reserve Board might raise interest rates four times this year.
Omicron's threat to global supply chain
Oped, Chartchai Parasuk, Published on 13/01/2022
» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.
Weighing the value of cryptocurrencies
Oped, Chartchai Parasuk, Published on 16/12/2021
» I am sure that almost everybody has heard about cryptocurrencies. Some might even be investing in them. But few understand what are they really for and, most importantly, how should they be valued? As of Dec 15, one Bitcoin had a market price of US$48,144 (slightly over 1.6 million baht per coin).
China, US woes will spell Thai gloom
Oped, Chartchai Parasuk, Published on 18/11/2021
» On Nov 10, there was a drama in the international financial market. DMSA, a German financial market watchdog, issued a press release stating that China Evergrande Group defaulted on interest payments to international investors and was preparing bankruptcy proceedings.
No choice but to open the economy
Oped, Chartchai Parasuk, Published on 14/10/2021
» There are not many countries on this planet that depend on outside markets like Thailand. Exports of goods account for 54% of GDP while foreign tourism income accounts for another 12% -- totaling 66% of GDP. The rest is made up by domestic private consumption.
Get past the Thai-China trade deficit
Oped, Chartchai Parasuk, Published on 16/09/2021
» This is not a China bashing article. The idea for today's article started when the Minister of Foreign Affairs and Speaker of the House cautioned Thais, the press, and members of parliament against criticising Chinese Covid-19 vaccines as it might upset the Thai-China relationship.
Thai economy nearing 'do it, or die'
Oped, Chartchai Parasuk, Published on 19/08/2021
» In my previous articles, I have suggested the economy is in bad shape, and that at least 2 trillion baht in economic relief packages is needed to prevent the economy from collapsing.
A Wuhan lockdown will not work here
Oped, Chartchai Parasuk, Published on 22/07/2021
» Originally, I planned to write an article titled "Will it be a soft landing or hard landing?" which would have been about the future of the world's financial markets and the economy.
Time to accept we can't beat Covid-19
Oped, Chartchai Parasuk, Published on 08/07/2021
» If the government does not wish to see a collapse of society, it must rethink its Covid-19 strategy. First, it must admit that the Covid-19 outbreak is not controllable after the outbreak has changed from the cluster level (individual based) to the community level (activity based).