Showing 1 - 10 of 10
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.
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.
Don't let politics mask economic woes
Oped, Chartchai Parasuk, Published on 26/06/2025
» As if economic problems in Thailand are not bad enough, political issues add to the complications. The worst is the split in the coalition. Even with an overwhelming majority of 314 (out of 493 parliamentary seats) prior to the break-up, the government could not push for many major policies, including the 10,000 baht cash handout scheme.
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.
BoT ought to revise exchange rate policy
Oped, Chartchai Parasuk, Published on 26/09/2024
» This is not the usual time slot for my article. My articles are usually published every other Thursday. The next one was for Oct 3. However, I feel that the "too strong" Thai baht requires immediate attention.
Signs of economic slowdown alarming
Oped, Chartchai Parasuk, Published on 12/01/2023
» The Thai government, businesses, and citizens are cherishing the news of returning Chinese tourists with the first group of 286 passengers who arrived on Monday. The Tourism Authority of Thailand estimates that 5 million Chinese tourists will visit our country this year, bringing with them 250 billion baht in spending money. I have two comments on this joyful news. Firstly, the ban on the sale of outbound group and package travel imposed by China's Ministry of Culture and Tourism on Jan 27, 2020, is still in effect. There is no telling when this ban will be relaxed or lifted. Second, the mass arrival of Chinese tourists was already factored into the World Bank's GDP growth projections. The Bank projected that the Thai economy would grow by 3.6% in 2023. To achieve such growth, the arrival of 22.4 million foreign tourists, with 6.2 million from China, was assumed.
Economic risks to watch out for in 2023
Oped, Chartchai Parasuk, Published on 29/12/2022
» The world will end 2022 with big celebrations. Yet not because of robust economic growth, as growth this year is projected to be only 3.2% -- following the International Monetary Fund's (IMF) recent projections -- compared to 6.0% growth in 2021.
Homework for the new bank governor
News, Chartchai Parasuk, Published on 04/06/2020
» The term of the governor of the Bank of Thailand will expire on Sept 30 and as incumbent governor Veerathai Santiprabhob has announced he will not seek a second term citing family reasons, the selection process for his replacement has begun.
Time to bring the baht to heel for sake of economy
News, Chartchai Parasuk, Published on 22/11/2019
» Complaints about the strong baht are growing louder by the month. Many are puzzled at why Thailand's currency keeps appreciating despite a weakening economy and falling exports. At the beginning of the year, the US dollar/baht rate was at 32.33. As of Wednesday, the baht had strengthened to 30.18 per dollar.
How to survive the economic winter
News, Chartchai Parasuk, Published on 10/10/2019
» Last week I received a touching letter from one of my readers thanking me for writing informative articles. The reader also expressed concern about the future economically and wondered how to adjust to the increasingly risky situation. Therefore, I feel it should be my duty to suggest investment options, lifestyle adjustments and career choices for the upcoming economic winter.