Showing 1 - 5 of 5
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.
Economic growth in 2022 no mean feat
Oped, Chartchai Parasuk, Published on 10/02/2022
» Most economic research houses, government and private, projected Thailand would see GDP growth of 3.5-4% this year. Even the Joint Standing Committee of Commerce, Industry, and Banking, an organisation representing Thai business entities, supported that range.
Thai economy nearing 'do it, or die'
Oped, Chartchai Parasuk, Published on 19/08/2021
» In my previous articles, I have suggested the economy is in bad shape, and that at least 2 trillion baht in economic relief packages is needed to prevent the economy from collapsing.
It's time to face grim Covid-19 reality
News, Chartchai Parasuk, Published on 07/05/2020
» At the onset of the coronavirus outbreak, there emerged an outbreak containment option called "Hurt and then ending" which in Thai is jeb tae jop. The complete lockdown of Wuhan was a prime example of that. In Thailand, the lockdown measure was first implemented in Buri Ram before it become a standard practice nationwide. The effectiveness of the measures varies across the globe -- from a seemingly complete success story in Wuhan to a not-yet sustained success in Spain, to a success and then failure in Singapore. I do not think anybody doubts the effectiveness of the lockdown on controlling the outbreak, but many, including myself, are starting to come out and question the cost of lockdown, which I have previously mentioned.
Don't bet on stimulus saving economy
News, Chartchai Parasuk, Published on 29/08/2019
» You may have read elsewhere that the government's new 316-billion-baht economic stimulus package will not work. I second those opinions but for totally different reasons.