Showing 1 - 8 of 8
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.
The two ways to satisfy Trump on trade
Oped, Chartchai Parasuk, Published on 10/07/2025
» I am terribly sorry for miscalculating the US's reciprocal tariff for Thailand at 35% in my previous article, when the actual rate imposed by Mr Trump on Monday was 36%.
The economy is waiting to hit an iceberg
Oped, Chartchai Parasuk, Published on 20/03/2025
» This is not a scene from the 1997 film Titanic. On the evening of April 14th 1912, a small Canadian fishing boat, skippered by a French-Canadian captain called "Jacques-Chai", approached the Titanic wanting to convey a very important message to Captain Edward Smith. The message was that there was a sea of icebergs, one was particularly big, about 200 miles ahead.
GDP figures don't reflect real situation
Oped, Chartchai Parasuk, Published on 26/12/2024
» This article is the last for 2024. I have made many bad predictions about the Thai economy throughout the year. Many became true, like the contracting credit market, the NPL explosion, and an ineffective cash handout programme. Many have not become true (or have they?). One was GDP growth. Instead of shrinking as I predicted, GDP growth rates improved from quarter to quarter. They were 1.6% for Q1, 2.2% for Q2, and 3.0% for Q3. And it is expected to be 3.5% for Q4 to fulfil the annual 2.6% growth projection.
Liquidity shortage a big risk for govt
News, Chartchai Parasuk, Published on 16/11/2023
» Liquidity is the most ignored issue in economics. Liquidity is considered to be like "oxygen" which is readily available when needed and, thus, has no intrinsic value.
China, US woes will spell Thai gloom
Oped, Chartchai Parasuk, Published on 18/11/2021
» On Nov 10, there was a drama in the international financial market. DMSA, a German financial market watchdog, issued a press release stating that China Evergrande Group defaulted on interest payments to international investors and was preparing bankruptcy proceedings.
Not looking like Xmas this year, or next
Oped, Chartchai Parasuk, Published on 03/12/2020
» Everybody has high hopes for the year 2021. Stock markets seem to think so. The Dow Jones Industrial average started the year at around the 29,000 mark and dropped by one-third to 20,000 when Covid-19 became a global threat in late March. Today, despite the second, third, and fourth rounds of outbreaks around the globe, Dow Jones is approaching the 30,000 mark.
New Year economic wishfulness
News, Chartchai Parasuk, Published on 02/01/2020
» 'Nothing comes from nothing. Nothing ever could." Of course, many will recognise these song lyrics from the motion picture The Sound of Music. But this phrase actually dates back to ancient Greece and the time of Aristotle. It is a foundation of all science: nothing can be created out of nothing. Economic science also follows this principle strictly. For a better economy, we first need a better economic environment. Thus, for a better economy this year, we need a better economic environment than in 2019. Will that be the case for Thailand?