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OPINION

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.

OPINION

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?

OPINION

Digital wallet scheme poses credit risk

Oped, Chartchai Parasuk, Published on 25/07/2024

» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.

OPINION

20 years of errors can't be fixed easily

Oped, Chartchai Parasuk, Published on 30/05/2024

» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.

OPINION

Debt crisis looms as politicians fiddle

News, Chartchai Parasuk, Published on 29/06/2023

» While politicians are fighting for power to rule this country, the economy may unknowingly be entering a debt crisis. There was a piece of news a couple of weeks ago which passed without much notice amid sizzling political stories. It was news of the automobile loan default problem.

OPINION

A new middle class and core industries

Oped, Chartchai Parasuk, Published on 04/05/2023

» This article, after a few interruptions, is Part 3 of "Changing Thailand: The Series." It began with a prologue that presented an overview, emphasising that Thailand has been lagging behind its neighbours in terms of per-capita income growth.

OPINION

BMA sorely needs financial advisers

Oped, Chartchai Parasuk, Published on 22/09/2022

» On Sept 7, 2022, the Central Administrative Court ordered the Bangkok Metropolitan Authority (BMA) and its wholly owned subsidiary Krungthep Thanakom (KT) to pay Bangkok Mass Transit System Public Company (BTS) back overdue Operating and Maintenance (O&M) fees on extensions 1 and 2 of the Green Line (Sky Train) in the amount of 11.75 billion baht within 180 days.

OPINION

Weighing the value of cryptocurrencies

Oped, Chartchai Parasuk, Published on 16/12/2021

» I am sure that almost everybody has heard about cryptocurrencies. Some might even be investing in them. But few understand what are they really for and, most importantly, how should they be valued? As of Dec 15, one Bitcoin had a market price of US$48,144 (slightly over 1.6 million baht per coin).

OPINION

The job of a finance minister...

Oped, Chartchai Parasuk, Published on 03/09/2020

» The resignation of Finance Minister Predee Daochai is a hot issue right now and I feel compelled to write about it, though I'd rather not discuss the cause -- which could be a combination of problems relating to health, internal disputes, political pressure, workloads, and unsolvable problems. Whatever the problems are, the minister has already made the decision which is gazetted. What's done is done.

OPINION

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.