Showing 1 - 10 of 12
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.
Is a return to gold standard possible?
Oped, Chartchai Parasuk, Published on 11/12/2025
» We are now in the middle of the holiday season. Therefore, I will refrain from writing about heavy and depressing issues like the Thai economy and the outlook for 2026 and beyond. In this moment of joy, I will write about the possibility of returning to the gold standard, which some supporters say can be seen in central banks aggressively buying gold bullion to replace the dubious US dollar. The last article of the year will be about the Sovereign Wealth Fund (SWF).
Govt may not have stimulus plan tools
News, Chartchai Parasuk, Published on 16/10/2025
» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.
The baht is almost as good as gold
Oped, Chartchai Parasuk, Published on 18/09/2025
» The baht is undoubtedly the strongest currency in the region. Over this year, the baht has appreciated 4.45% against the dollar while the Vietnamese dong has depreciated 8.47%.
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.
Why the economy is heading for a crisis
Oped, Chartchai Parasuk, Published on 02/05/2024
» I wish I were this good when it comes to picking winning lottery ticket. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.
Structural flaws impede our economy
Oped, Chartchai Parasuk, Published on 21/03/2024
» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.
Better options to govt's cash handout
Oped, Chartchai Parasuk, Published on 19/10/2023
» The 10,000-baht cash handout scheme has been under heavy criticism. More than 100 economists, led by two ex-Bank of Thailand governors, oppose the scheme that would bring more harm than good.
B600 minimum wage is quite doable
Oped, Chartchai Parasuk, Published on 15/12/2022
» The most debated economic topic of the month must be Pheu Thai Party's campaign promise to raise the minimum wage to 600 baht per day by 2027, from the current minimum wage of 354 baht.