Showing 1 - 7 of 7
Digital wallet tokens could hit scheme
Oped, Chartchai Parasuk, Published on 08/08/2024
» I bet the government never thought of this when they thought of the Digital Wallet scheme. It probably does not make sense to it that there could be millions of people shunning pseudo money, namely Digital Wallet Tokens (DWTs). Perhaps, in the government's mind, a DWT is almost on a par with genuine money -- fiat money.
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.
Part 1: The country needs to change
Oped, Chartchai Parasuk, Published on 09/03/2023
» Before I start the article, I would like to report that Thailand's economic performance in January 2023 was no better than the last quarter of 2022, when GDP growth was merely 1.4%.
Changing Thailand: a series (prologue)
Oped, Chartchai Parasuk, Published on 23/02/2023
» Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language.
Interest gap could spell economic peril
Oped, Chartchai Parasuk, Published on 06/10/2022
» On a recent Monday, the Fed called an emergency meeting. The discussion topics were not made known. Could it possibly be about turmoil in the UK bond market and the financial troubles of large investment banks? At this fragile time, the world cannot afford another Lehman Brothers-type disaster.
Returning to normal by 2021: a dream
Oped, Chartchai Parasuk, Published on 24/09/2020
» The world economy is in total disaster in 2020 due to the Covid-19 pandemic. IMF chief, Kristalina Georgieva, said it would be the worst economic crisis in 100 years. However, her once in a 100-year crisis seems to be rather short-lived as the IMF expects a full global recovery next year.
Is it all the Bank of Thailand's fault?
News, Chartchai Parasuk, Published on 12/09/2019
» Currently, the two most pressing economic issues in Thailand are the appreciation of the baht and the high level of household debt.