Showing 1 - 10 of 13
Time to stop making empty promises
Oped, Chartchai Parasuk, Published on 07/03/2024
» The Nikkei 225 Index just broke 40,000, surpassing the record high of 1989. The stellar stock market performance happened amid the fact that Japan's economy is officially in recession after two consecutive quarters of negative GDP growth.
Liquidity shortage a big risk for govt
News, Chartchai Parasuk, Published on 16/11/2023
» Liquidity is the most ignored issue in economics. Liquidity is considered to be like "oxygen" which is readily available when needed and, thus, has no intrinsic value.
Dear Santa: Please send $14 billion
Oped, Chartchai Parasuk, Published on 02/11/2023
» What Thailand needs is money, money -- and money. The government needs 560 billion baht to run its 10,000 baht cash handout programme next year, and the country needs (at least) 420 billion baht to prevent the 4th quarter economy from collapsing.
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.
Beware of looming labour shortages
Oped, Chartchai Parasuk, Published on 28/10/2021
» Despite the recent estimation that there are now close to a million unemployed Thai workers, Thai tourism and service industries will face a severe labour shortage of 300,000 to 500,000 people after the relaxation of Covid-19 control measures and the opening up of the country to foreign visitors.
Time to rethink the Covid-19 strategy
Oped, Chartchai Parasuk, Published on 02/09/2021
» As of Aug 31, Thailand has reported 1.2 million accumulated cases of Covid-19 and 11,589 deaths.
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.
Money just does not fall from heaven
Oped, Chartchai Parasuk, Published on 21/01/2021
» It is a pitiful dilemma, isn't it? When the economy is in a bad shape, you want the government to spend money (more money, and lots of money) to help shore up the economy. Like we are seeing in our country now. Alas, by spending money (more money, and lots of money), the government itself induces another kind of economic crisis -- a liquidity crisis.
The economy is sick and pills won't do
Oped, Chartchai Parasuk, Published on 02/07/2020
» Picture this: Your name is "Mr Thai Economy", and you have contracted the coronavirus in late January. After a close examination in March, doctors (the Bank of Thailand) said your health is of deep concern as GDP growth could go as low as -5.3%.
Can economy weather Covid-19 storm?
News, Chartchai Parasuk, Published on 27/02/2020
» As of Wednesday, there were 80,991 confirmed cases of the Wuhan coronavirus known as Covid-19, spread across 41 countries and territories. But explaining health issues is not the purpose of this article. I will leave that to medical and infection experts. The purpose here is to determine the economic impacts of the spread of Covid-19, particularly on the Thai economy.