Showing 1 - 9 of 9
VAT hikes alone won't narrow deficit
Oped, Chartchai Parasuk, Published on 27/11/2025
» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.
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.
BoT, govt may have wrong inflation data
Oped, Chartchai Parasuk, Published on 17/10/2024
» At the time of writing (Tuesday), the Bank of Thailand's Monetary Policy Committee (MPC) had not met to decide on the policy interest rate which is currently set at 2.50%. The panel was scheduled to meet yesterday and the committee was under pressure to lower the rate by 25 basis points. The pressure arises from many months of low inflation rates and the recent strong Thai baht. Several central banks in the region have cut their policy interest rates for those two reasons. The latest one is the Bank of Korea.
Downsides to digital cash handout plan
Oped, Chartchai Parasuk, Published on 21/09/2023
» I announced in a previous article that today's story would focus on liquidity and debt. But after careful consideration, I have decided to postpone this for another fortnight. The main reason being that I want to wait for the Bank of Thailand's economic data release for August due out on Sept 29.
Fed's rate rises might have way to go yet
Oped, Chartchai Parasuk, Published on 28/07/2022
» By the time this article is published, readers will know how much the US Fed funds rate has been raised for the fourth time this year. It does not really matter whether the rate is raised by 0.75% or 1% this time because the Fed will need to keep raising the rate (FFR) until it can effectively control inflation.
Spectre of 2023 global recession looms
Oped, Chartchai Parasuk, Published on 19/05/2022
» In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.
Thai economy nearing 'do it, or die'
Oped, Chartchai Parasuk, Published on 19/08/2021
» In my previous articles, I have suggested the economy is in bad shape, and that at least 2 trillion baht in economic relief packages is needed to prevent the economy from collapsing.
Don't bet on stimulus saving economy
News, Chartchai Parasuk, Published on 29/08/2019
» You may have read elsewhere that the government's new 316-billion-baht economic stimulus package will not work. I second those opinions but for totally different reasons.