Showing 1 - 10 of 25
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.
Thailand now 'the sick man of Asean'
Oped, Chartchai Parasuk, Published on 30/10/2025
» The inspiration for this article comes from the International Monetary Fund's (IMF) World Economic Outlook (WEO) report for the month of October.
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.
Thailand has lost its last growth engine
Oped, Chartchai Parasuk, Published on 29/05/2025
» Thailand has lost its last engine of growth and people are abandoning hope for a decent life.
Risk of financial crisis creeps ever closer
Oped, Chartchai Parasuk, Published on 06/02/2025
» When I started writing this article last week, I said to myself: "This might be another article no one will believe." Financial crisis? You must be out of your mind. The situation seems to be under control and it is likely to improve in 2025. After all, the Ministry of Finance has projected GDP growth for this year to be 2.5% to 3.5%, with a base case of 3.0%. No crisis can happen under such healthy growth, surely.
Thaksin's 'vision' might be outdated
News, Chartchai Parasuk, Published on 05/09/2024
» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.
Time to stop making empty promises
Oped, Chartchai Parasuk, Published on 07/03/2024
» The Nikkei 225 Index just broke 40,000, surpassing the record high of 1989. The stellar stock market performance happened amid the fact that Japan's economy is officially in recession after two consecutive quarters of negative GDP growth.
Soft or hard landing for Thai economy?
News, Chartchai Parasuk, Published on 08/02/2024
» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!
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.
A 4-win solution to the handout plan
News, Chartchai Parasuk, Published on 30/11/2023
» There could be a four-win solution to the 10,000-baht cash handout scheme.