Showing 1 - 5 of 5
Banks that don't want money bode ill
News, Chartchai Parasuk, Published on 11/07/2024
» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.
Why the economy is heading for a crisis
Oped, Chartchai Parasuk, Published on 02/05/2024
» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.
BoT is absolutely right in holding rates
Oped, Chartchai Parasuk, Published on 22/02/2024
» The whole country -- the government, its economic agencies, private economic research houses, the private sector, and academics -- is accusing the Bank of Thailand (BoT) of being stubborn for refusing to lower interest rates to support the weak economy, aka, the economy in crisis.
Money to boost economy tough to find
Oped, Chartchai Parasuk, Published on 29/04/2021
» Wow. What a difference two weeks makes! In my previous article, I wrote, with grave concern, that over 6,000 people had been infected with Covid-19 within just two weeks of the third outbreak. Two weeks later, the number of cases from the third wave alone, which started early this month, has skyrocketed five-fold to over 30,000 cases. Who knows when and how this round will end?
Economy faces 4 key hurdles this year
News, Chartchai Parasuk, Published on 01/08/2019
» The first half of 2019 has already passed and it is a well-known fact that the Thai economy is not in good shape. GDP growth has plummeted from 3.7% in the last quarter of 2018 to 2.8% in the first quarter of this year. Although second-quarter GDP growth will be officially announced soon, raw economic data from April to June indicates a weaker second quarter, particularly in the areas of exports and tourism.