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OPINION

Fiscal deficit will trigger 2026 crisis

Oped, Chartchai Parasuk, Published on 19/02/2026

» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).

OPINION

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.

OPINION

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.

OPINION

VAT hikes alone won't narrow deficit

Oped, Chartchai Parasuk, Published on 27/11/2025

» This article is not meant to attack Finance Minister Ekniti Nitithanprapas’s Medium-Term Fiscal Framework (MTFF) for the fiscal years from 2026 to 2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.

OPINION

Why gold matters in a changing world

Oped, Chartchai Parasuk, Published on 13/11/2025

» After reading my previous article, "Thailand has become the sick man of Asean", a good friend asked me what would happen to the Thai economy after becoming the sick man?

OPINION

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.

OPINION

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.

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

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

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.