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Search Result for “INDONESIA”

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OPINION

Thailand must manage debt to progress

Oped, Chartchai Parasuk, Published on 22/01/2026

» This article may be read as a continuation of my previous piece, Year of the Debt. That article focused mainly on household debt, which has already risen beyond the ability of Thai consumers to repay.

OPINION

Thailand now 'the sick man of Asean'

Oped, Chartchai Parasuk, Published on 30/10/2025

» The inspiration for this article comes from the International Monetary Fund's (IMF) World Economic Outlook (WEO) report for the month of October.

OPINION

Making Cambodia pay for border row

Oped, Chartchai Parasuk, Published on 02/10/2025

» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.

OPINION

Dealing with Trump is half the story

Oped, Chartchai Parasuk, Published on 07/08/2025

» This will be an eye-opening article. It is an analysis that readers have not read anywhere. No one seems to realise that after a mega-earthquake in the ocean, giant tsunamis will always follow. If Donald Trump's reciprocal tariffs are comparable to a mega economic earthquake, President Xi Jinping's reactions will have the impact of a giant economic tsunami.

OPINION

Tariff talks are unlikely to go as planned

Oped, Chartchai Parasuk, Published on 24/07/2025

» It is only a week away from the Aug 1 deadline when the 36% reciprocal tariff levied on Thai exports to the US will take effect.

OPINION

Thai-US trade talks are likely to fail

Oped, Chartchai Parasuk, Published on 15/05/2025

» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?

OPINION

Trump tariffs spell trouble for Thailand

Oped, Chartchai Parasuk, Published on 14/11/2024

» Readers must have read a few articles or listened to numerous analyses of US President-elect Donald Trump's trade protectionism policy and its impact on the world economy, particularly China. But this could be the first genuinely economic-oriented analysis of Mr Trump's policy, emphasising issues relevant to Thailand. Readers could find that an economic approach would give new insights into this much talked about topic.

OPINION

Stimulus packages need paradigm shift

Oped, Chartchai Parasuk, Published on 03/10/2024

» Ever wonder why Thailand's economic growth is consistently lower than its peers? Even with a flood of foreign tourists of 28.1 million (154.4% growth) in 2023, our GDP growth was 1.9% compared to 5.5% in the Philippines, 5% in both Indonesia and Vietnam, and 3.7% in Malaysia. The growth figure for the first half of this year of 1.9% is far worse than many of our Asean friends.

OPINION

BoT ought to revise exchange rate policy

Oped, Chartchai Parasuk, Published on 26/09/2024

» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.

OPINION

Govt, BoT spat may not be economic

Oped, Chartchai Parasuk, Published on 09/05/2024

» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.