Showing 1 - 10 of 40
Some shock therapy or slow healing?
Oped, Chartchai Parasuk, Published on 02/04/2026
» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.
Risk of crisis growing more acute
Oped, Chartchai Parasuk, Published on 05/03/2026
» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.
Thailand must manage debt to progress
Oped, Chartchai Parasuk, Published on 22/01/2026
» This article may be read as a continuation of my previous piece, Year of the Debt. That article focused mainly on household debt, which has already risen beyond the ability of Thai consumers to repay.
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.
Making Cambodia pay for border row
Oped, Chartchai Parasuk, Published on 02/10/2025
» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.
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%.
Trump's tariff trade war is no accident
Oped, Chartchai Parasuk, Published on 01/05/2025
» President Donald Trump's tariff policy has received numerous criticisms from various parties, including several Nobel Prize laureates, for being against the economic principles of free trade.
Data paints economy as 'black hole'
News, Chartchai Parasuk, Published on 12/12/2024
» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?
Household debt plan has many flaws
Oped, Chartchai Parasuk, Published on 28/11/2024
» It is unanimously agreed that household debt is one of the major economic problems of Thailand. Non-performing loans (NPL) from household debt amount to 1.2 trillion baht according to the National Credit Bureau (NCB). If it includes Special Mentioned (SM) debt (31-90 days of default), the bad debt level would rise to 1.7 trillion baht, or about 12.3% of total household debt outstanding.
Trump tariffs spell trouble for Thailand
Oped, Chartchai Parasuk, Published on 14/11/2024
» Readers must have read a few articles or listened to numerous analyses of US President-elect Donald Trump's trade protectionism policy and its impact on the world economy, particularly China. But this could be the first genuinely economic-oriented analysis of Mr Trump's policy, emphasising issues relevant to Thailand. Readers could find that an economic approach would give new insights into this much talked about topic.