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OPINION

Some shock therapy or slow healing?

Oped, Chartchai Parasuk, Published on 02/04/2026

» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.

OPINION

Tariff talks are unlikely to go as planned

Oped, Chartchai Parasuk, Published on 24/07/2025

» It is only a week away from the Aug 1 deadline when the 36% reciprocal tariff levied on Thai exports to the US will take effect.

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

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.

OPINION

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.

OPINION

Time to accept we can't beat Covid-19

Oped, Chartchai Parasuk, Published on 08/07/2021

» If the government does not wish to see a collapse of society, it must rethink its Covid-19 strategy. First, it must admit that the Covid-19 outbreak is not controllable after the outbreak has changed from the cluster level (individual based) to the community level (activity based).

OPINION

Bank of Thailand lands in hot water

News, Chartchai Parasuk, Published on 16/01/2020

» It caught almost everyone by surprise when the baht strengthened past the psychological level of 30 baht per US dollar during the New Year holidays.

OPINION

Take economic data with a grain of salt

News, Chartchai Parasuk, Published on 07/11/2019

» Originally, I planned to write an article titled "Albert Einstein and baht exchange rate". Then I said to myself, "Nope, let's not write another serious article this week". So, I decided to go for a lighter one about international rankings and ratings which the government often cites to reiterate that the Thai economy is in good shape. I never have understood why governments like to do this. Nobody cares about these figures. They care about their businesses, their jobs and their debts.