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Search Result for “rich”

Showing 1 - 10 of 18

OPINION

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.

OPINION

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%.

OPINION

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%.

OPINION

Digital wallet tokens could hit scheme

Oped, Chartchai Parasuk, Published on 08/08/2024

» I bet the government never thought of this when they thought of the Digital Wallet scheme. It probably does not make sense to it that there could be millions of people shunning pseudo money, namely Digital Wallet Tokens (DWTs). Perhaps, in the government's mind, a DWT is almost on a par with genuine money -- fiat money.

OPINION

Handout difficult without BoT's help

Oped, Chartchai Parasuk, Published on 18/04/2024

» The purpose of this article is to educate the public about the real issue of the digital wallet scheme. The issue is not "HOW to get the 500 billion baht?" but "Is there 500 billion baht AVAILABLE to be borrowed?"

OPINION

Will foreign investors still be wooed?

Oped, Chartchai Parasuk, Published on 28/12/2023

» This is my last article for 2023. Appropriately, I should write about the 2024 economic outlook but I have decided to postpone that to be the first article of 2024 as the analysis might be too unpleasant to digest right now. However, I will leave a "teaser" for readers to ponder over during the long holidays. As such, I am left with two choices: an article about informal debt -- I estimate outstanding debt to be over 400 billion baht and that it could have strong ties with grey money -- or an article about Thailand's ability to attract foreign investors, as our Prime Minister Srettha Thavisin travels all over the world to attract them. In the end, I opted for the latter.

OPINION

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.

OPINION

Getting ready for a new economic era

Oped, Chartchai Parasuk, Published on 01/06/2023

» Admittedly, I did not vote for Move Forward Party (MFP). I did like the idea of pro-democracy, equality for all, people-centric policies, and de-monopolisation, all of which they espouse.

OPINION

New govt faces 4 economic time bombs

Oped, Chartchai Parasuk, Published on 18/05/2023

» The election result is already out and Thailand is heading for a big policy change. As the party with most seats, the Move Forward Party will form the government. The second place-getter -- the Pheu Thai Party -- has agreed to be in the coalition. These two parties, however, have totally different views on how to run the economy.

OPINION

A new middle class and core industries

Oped, Chartchai Parasuk, Published on 04/05/2023

» This article, after a few interruptions, is Part 3 of "Changing Thailand: The Series." It began with a prologue that presented an overview, emphasising that Thailand has been lagging behind its neighbours in terms of per-capita income growth.