Showing 1 - 10 of 61
Fiscal deficit will trigger 2026 crisis
Oped, Chartchai Parasuk, Published on 19/02/2026
» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).
2026 will be a year of debt struggles
Oped, Chartchai Parasuk, Published on 08/01/2026
» Forget GDP growth. Forget tourist arrivals. Forget export figures. In 2026, Thailand's overriding economic challenge will not be growth but debt repayment.
Policy options for an overvalued baht
Oped, Chartchai Parasuk, Published on 25/12/2025
» This is the last article of 2025. I have to thank readers for following my articles throughout the years. I believe I wrote my first article for the Bangkok Post in January 2020. So, it has been a five-year collaboration with the paper. Thank you, Bangkok Post.
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.
Don't let politics mask economic woes
Oped, Chartchai Parasuk, Published on 26/06/2025
» As if economic problems in Thailand are not bad enough, political issues add to the complications. The worst is the split in the coalition. Even with an overwhelming majority of 314 (out of 493 parliamentary seats) prior to the break-up, the government could not push for many major policies, including the 10,000 baht cash handout scheme.
Thailand has lost its last growth engine
Oped, Chartchai Parasuk, Published on 29/05/2025
» Thailand has lost its last engine of growth and people are abandoning hope for a decent life.
Backing Trump on tariffs, not on tone
Oped, Chartchai Parasuk, Published on 17/04/2025
» I'm not a Donald Trump supporter. On the contrary, I dislike the US president for his abrasive behaviour. For Mr Trump, everything is nothing but numbers. Compassion has no meaning in his dictionary.
Key to success: Give what Trump wants
Oped, Chartchai Parasuk, Published on 10/04/2025
» This article is for all nations wanting US President Donald Trump to lower or eliminate reciprocal tariffs, not just Thailand. I feel that the issue is of immediate urgency, and I am writing this article as a special edition.
Ability to pay key to debt restructuring
Oped, Chartchai Parasuk, Published on 03/04/2025
» Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and procedures to manage the situation. All measures were carried out on an ad-hoc basis. Worse, there appears to be no coordination among various agencies. Thais were left to rely on their own two feet as thousands of Bangkokians had no choice but to walk for hours to their homes when the mass transit railways were shutdown.
The economy is waiting to hit an iceberg
Oped, Chartchai Parasuk, Published on 20/03/2025
» This is not a scene from the 1997 film Titanic. On the evening of April 14th 1912, a small Canadian fishing boat, skippered by a French-Canadian captain called "Jacques-Chai", approached the Titanic wanting to convey a very important message to Captain Edward Smith. The message was that there was a sea of icebergs, one was particularly big, about 200 miles ahead.