Showing 1 - 10 of 30
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.
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.
Financing FY 2026 deficit will fall short
News, Chartchai Parasuk, Published on 12/06/2025
» My message is short, loud and clear. There will not be enough money to finance FY 2026's 860 billion baht budget deficit. Without enough money, the budget will collapse and take the economy down with it. The government is learning the bitter lesson of drying up finance sources now, but budget financing will be in crisis in the 2026 fiscal year.
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.
Risk of financial crisis creeps ever closer
Oped, Chartchai Parasuk, Published on 06/02/2025
» When I started writing this article last week, I said to myself: "This might be another article no one will believe." Financial crisis? You must be out of your mind. The situation seems to be under control and it is likely to improve in 2025. After all, the Ministry of Finance has projected GDP growth for this year to be 2.5% to 3.5%, with a base case of 3.0%. No crisis can happen under such healthy growth, surely.
Data paints economy as 'black hole'
News, Chartchai Parasuk, Published on 12/12/2024
» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?
Household debt plan has many flaws
Oped, Chartchai Parasuk, Published on 28/11/2024
» It is unanimously agreed that household debt is one of the major economic problems of Thailand. Non-performing loans (NPL) from household debt amount to 1.2 trillion baht according to the National Credit Bureau (NCB). If it includes Special Mentioned (SM) debt (31-90 days of default), the bad debt level would rise to 1.7 trillion baht, or about 12.3% of total household debt outstanding.
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.
Making sense of performance figures
Oped, Chartchai Parasuk, Published on 31/10/2024
» I have the duty of reviewing quarterly economic performances and making economic growth projections for a private research firm.
Zombie banking deepens economic woes
News, Chartchai Parasuk, Published on 19/09/2024
» This is the second of three articles, following the earlier article "Problems with Dr Thaksin's Visions". The series will end with an article titled "Call for a paradigm shift".