Showing 1 - 10 of 11
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.
Digital wallet scheme poses credit risk
Oped, Chartchai Parasuk, Published on 25/07/2024
» During the debate on the extra-fiscal budget for 2024 of 1.22 billion baht to fund the digital wallet (DW) scheme, the government presented the bright side of the figurative coin. This article will present the dark side of the scheme.
Pheu Thai's giveaway might just work
Oped, Chartchai Parasuk, Published on 20/04/2023
» If one plans to read only one economic analysis article for this year, this is it.
World faces prospect of financial tumult
Oped, Chartchai Parasuk, Published on 23/03/2023
» Today, I was supposed to present the third article, Managing Household Debt, in the series "Changing Thailand". In fact, I have finished drafting a payment reduction model which could reduce monthly debt payments by 4.6 times without the hair-cutting debt principal or requiring government financial support. But I will delay that article for now.
Thai economic prospects far from rosy
Oped, Chartchai Parasuk, Published on 09/02/2023
» Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the Fed raises interest rates to merely 25 basis points as opposed to the 50-75 basis points for each meeting in 2022.
Thai reserves are quickly depleting
News, Chartchai Parasuk, Published on 08/09/2022
» Thailand's international reserves made headlines in mid-July when they fell US$3.3 billion in a single week.
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.
Omicron's threat to global supply chain
Oped, Chartchai Parasuk, Published on 13/01/2022
» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.
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.
How to save country when it's broke
Oped, Chartchai Parasuk, Published on 05/08/2021
» This is not really a good time for economists and/or economic research institutions to make GDP growth projections for Thailand as the Covid-19 pandemic is far from settling down. Unstable economic conditions have caused a well-known research institute to revise its 2021 growth projections five times already.