Showing 1 - 10 of 27
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).
In an uncertain world, gold is a comfort
Oped, Chartchai Parasuk, Published on 05/02/2026
» With Thai citizens heading to the polls this Sunday to decide which party will form the next government, I have decided to postpone my article on the economic crisis for another two weeks.
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.
Is a return to gold standard possible?
Oped, Chartchai Parasuk, Published on 11/12/2025
» We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of joy, I will write about the possibility of returning to the gold standard, which some supporters say can be seen in central banks aggressively buying gold bullion to replace the dubious US dollar. The last article of the year will be about the Sovereign Wealth Fund (SWF).
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?
The baht is almost as good as gold
Oped, Chartchai Parasuk, Published on 18/09/2025
» The baht is undoubtedly the strongest currency in the region. Over this year, the baht has appreciated 4.45% against the dollar while the Vietnamese dong has depreciated 8.47%.
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.
Better options to govt's cash handout
Oped, Chartchai Parasuk, Published on 19/10/2023
» The 10,000-baht cash handout scheme has been under heavy criticism. More than 100 economists, led by two ex-Bank of Thailand governors, oppose the scheme that would bring more harm than good.
World faces prospect of financial tumult
Oped, Chartchai Parasuk, Published on 23/03/2023
» Today, I was supposed to present the third article, Managing Household Debt, in the series "Changing Thailand". In fact, I have finished drafting a payment reduction model which could reduce monthly debt payments by 4.6 times without the hair-cutting debt principal or requiring government financial support. But I will delay that article for now.
Thai economic prospects far from rosy
Oped, Chartchai Parasuk, Published on 09/02/2023
» Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the Fed raises interest rates to merely 25 basis points as opposed to the 50-75 basis points for each meeting in 2022.