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.
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.
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.
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.
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%.
2024 GDP forecast is wishful thinking
Oped, Chartchai Parasuk, Published on 14/12/2023
» If one thinks 2023 was a not-so-good year for the Thai economy because GDP growth is likely below 2%, 2024 could be worse owing to three major economic risks: liquidity inadequacy, high gasoline price, and high electricity cost.
Reviving Thai economy is a tall order
Oped, Chartchai Parasuk, Published on 27/07/2023
» By the time readers read this article, Thailand still does not have a real government. But judging from the game being played, it is not too hard to guess which party will lead a new government.
In the end, economic theories prevail
Oped, Chartchai Parasuk, Published on 02/06/2022
» I have made several dire predictions for the Thai economy this year such as high inflation, a liquidity crisis, interest rate hikes, bank collapses, a currency run, and, of course, an economic recession.
Hiked wages could ease current slump
Oped, Chartchai Parasuk, Published on 24/02/2022
» Before getting to the main story of raising wages, I have a point of concern to raise. That is the unusual movement of Thai baht exchange rates. Theoretically, this is the time the baht should be depreciating because of rising current account deficits due to the high prices of imported oil.
Beware of looming labour shortages
Oped, Chartchai Parasuk, Published on 28/10/2021
» Despite the recent estimation that there are now close to a million unemployed Thai workers, Thai tourism and service industries will face a severe labour shortage of 300,000 to 500,000 people after the relaxation of Covid-19 control measures and the opening up of the country to foreign visitors.