Showing 1 - 5 of 5
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.
Soft or hard landing for Thai economy?
News, Chartchai Parasuk, Published on 08/02/2024
» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!
Why do I smell tom yum kung cooking?
Oped, Chartchai Parasuk, Published on 10/08/2023
» Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.
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.
THAI restructuring will not be easy
News, Chartchai Parasuk, Published on 18/06/2020
» While I was the head of the Corporate Finance Department at National Finance (now known as Thanachart Bank), I handled many cases of debt restructuring. The largest one was the 20-billion-baht debt of a hospital chain.