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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

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

Making Cambodia pay for border row

Oped, Chartchai Parasuk, Published on 02/10/2025

» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.

OPINION

Problems await the new BoT governor

Oped, Chartchai Parasuk, Published on 04/09/2025

» The first problem incoming Bank of Thailand (BoT) governor Vitai Ratanakorn will face is political uncertainty.

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

Don't let politics mask economic woes

Oped, Chartchai Parasuk, Published on 26/06/2025

» As if economic problems in Thailand are not bad enough, political issues add to the complications. The worst is the split in the coalition. Even with an overwhelming majority of 314 (out of 493 parliamentary seats) prior to the break-up, the government could not push for many major policies, including the 10,000 baht cash handout scheme.

OPINION

Financing FY 2026 deficit will fall short

News, Chartchai Parasuk, Published on 12/06/2025

» My message is short, loud and clear. There will not be enough money to finance FY 2026's 860 billion baht budget deficit. Without enough money, the budget will collapse and take the economy down with it. The government is learning the bitter lesson of drying up finance sources now, but budget financing will be in crisis in the 2026 fiscal year.

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.