Showing 1 - 10 of 30
Some shock therapy or slow healing?
Oped, Chartchai Parasuk, Published on 02/04/2026
» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.
Risk of crisis growing more acute
Oped, Chartchai Parasuk, Published on 05/03/2026
» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.
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.
Govt may not have stimulus plan tools
News, Chartchai Parasuk, Published on 16/10/2025
» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.
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.
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.
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%.
BoT ought to revise exchange rate policy
Oped, Chartchai Parasuk, Published on 26/09/2024
» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.
How to finance the 2025 fiscal budget
Oped, Chartchai Parasuk, Published on 27/06/2024
» The 2025 fiscal budget is supposed to be historic, aiming to turn around the sagging Thai economy. But it is going by almost unnoticed. The first reading of the Budget Bill passed with an overwhelming "yes" vote of 311 to 175. The debates were subdued and made few headlines. The second vote is expected on Aug 3. After passing the third vote by the House of Representatives, the 2025 budget will go to the Senate for final approval.
Digital wallet scheme hits another snag
Oped, Chartchai Parasuk, Published on 13/06/2024
» The new financing problem of the 10,000-baht cash handout, commonly known as the Digital Wallet Scheme (DW), has not made much noise in the media. This may be because the government wants this to be a non-issue, but in reality, it is a serious one that could wreck the entire scheme.