Showing 1 - 10 of 19
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.
Why gold matters in a changing world
Oped, Chartchai Parasuk, Published on 13/11/2025
» After reading my previous article, "Thailand has become the sick man of Asean", a good friend asked me what would happen to the Thai economy after becoming the sick man?
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.
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.
Rate cut helps the BoT, not the economy
Oped, Chartchai Parasuk, Published on 06/03/2025
» On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%.
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.
When times get tough, Thais party
News, Chartchai Parasuk, Published on 07/09/2023
» Today's article is far from being sarcastic towards or mocking Thais. On the contrary, it explains the current weakness of the economy and, more importantly, the serious implications for the effectiveness of the government's economic stimulus packages. So, this article is recommended reading for the new economic team.
Pheu Thai's giveaway might just work
Oped, Chartchai Parasuk, Published on 20/04/2023
» If one plans to read only one economic analysis article for this year, this is it.
Changing Thailand: a series (prologue)
Oped, Chartchai Parasuk, Published on 23/02/2023
» Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language.
World economy downhill from here
Oped, Chartchai Parasuk, Published on 17/11/2022
» When I planned for this week's article, I wanted to write about the illusions of today's economic picture such as the robust GDP growth in emerging economies, declining inflation rates, booming travel business, strengthening of the Thai baht, and so on. But even with the economic data and theories to back up my claims, who would believe me? Who would believe that the current robust demand is nothing but an example of short-term, pent-up demand after two years of the Covid-19 outbreak? Who would consider the fact that consumers have no increased purchasing power to sustain today's level of consumption? Most of all, who would imagine that things would change drastically in the fourth quarter after consumers face the reality of a higher cost of living and stagnant income?