Showing 1 - 10 of 24
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.
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%.
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.
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.
Rate cut helps the BoT, not the economy
Oped, Chartchai Parasuk, Published on 06/03/2025
» On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%.
How to finance the 2025 fiscal budget
Oped, Chartchai Parasuk, Published on 27/06/2024
» The 2025 fiscal budget is supposed to be historic, aiming to turn around the sagging Thai economy. But it is going by almost unnoticed. The first reading of the Budget Bill passed with an overwhelming "yes" vote of 311 to 175. The debates were subdued and made few headlines. The second vote is expected on Aug 3. After passing the third vote by the House of Representatives, the 2025 budget will go to the Senate for final approval.
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?"
Structural flaws impede our economy
Oped, Chartchai Parasuk, Published on 21/03/2024
» It took Japan 17 years to learn that a macroeconomic policy is for stabilising an economy, not stimulating growth. Due to low economic growth in the "lost decade" following the financial crisis in the autumn of 1997, the Bank of Japan adopted an unthinkable monetary policy of a negative interest rate in 2007 by pushing the short-term policy rate down to -0.1%.
Dear Santa: Please send $14 billion
Oped, Chartchai Parasuk, Published on 02/11/2023
» What Thailand needs is money, money -- and money. The government needs 560 billion baht to run its 10,000 baht cash handout programme next year, and the country needs (at least) 420 billion baht to prevent the 4th quarter economy from collapsing.
Downsides to digital cash handout plan
Oped, Chartchai Parasuk, Published on 21/09/2023
» I announced in a previous article that today's story would focus on liquidity and debt. But after careful consideration, I have decided to postpone this for another fortnight. The main reason being that I want to wait for the Bank of Thailand's economic data release for August due out on Sept 29.