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Search Result for “excess industrial capacity”

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OPINION

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.

OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

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.

OPINION

2026 will be a year of debt struggles

Oped, Chartchai Parasuk, Published on 08/01/2026

» Forget GDP growth. Forget tourist arrivals. Forget export figures. In 2026, Thailand's overriding economic challenge will not be growth but debt repayment.

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

Dealing with Trump is half the story

Oped, Chartchai Parasuk, Published on 07/08/2025

» This will be an eye-opening article. It is an analysis that readers have not read anywhere. No one seems to realise that after a mega-earthquake in the ocean, giant tsunamis will always follow. If Donald Trump's reciprocal tariffs are comparable to a mega economic earthquake, President Xi Jinping's reactions will have the impact of a giant economic tsunami.

OPINION

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%.

OPINION

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.

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

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.