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Search Result for “consumer prices rose”

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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

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.

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

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.

OPINION

Tariff talks are unlikely to go as planned

Oped, Chartchai Parasuk, Published on 24/07/2025

» It is only a week away from the Aug 1 deadline when the 36% reciprocal tariff levied on Thai exports to the US will take effect.

OPINION

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.

OPINION

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.

OPINION

Thai-US trade talks are likely to fail

Oped, Chartchai Parasuk, Published on 15/05/2025

» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?

OPINION

Backing Trump on tariffs, not on tone

Oped, Chartchai Parasuk, Published on 17/04/2025

» I'm not a Donald Trump supporter. On the contrary, I dislike the US president for his abrasive behaviour. For Mr Trump, everything is nothing but numbers. Compassion has no meaning in his dictionary.

OPINION

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.