Showing 1 - 10 of 254
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.
Fuel panic spreads
Oped, Editorial, Published on 25/03/2026
» It is normal for people to go into panic mode during a crisis. Governments need to reassure them with reliable, enforceable plans to prevent hoarding of essential goods and fuel.
Risk of crisis growing more acute
Oped, Chartchai Parasuk, Published on 05/03/2026
» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.
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).
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.
G20 must commit to debt relief
Oped, Olusegun Obasanjo, Published on 04/12/2025
» As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, health care, and infrastructure. These countries have so far avoided default, but at the expense of their own development.
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.
Grasping the VAT nettle
Oped, Editorial, Published on 24/11/2025
» The proposal to raise value-added tax from 7% to 8.5% in 2028, and to 10% in 2030, by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas is a display of political courage rarely seen in a political landscape where politicians are quick to spend money in the name of "economic stimulus" but stay mum when asked how to finance the schemes.
Intent matters
Oped, Postbag, Published on 12/11/2025
» Re: "Critics question PM's MoU on scams", (BP, Nov 8) & "No conclusion yet on MoUs, panel says", (BP, Oct 28).
Can world weather another crisis?
Oped, Jayati Ghosh, Published on 07/11/2025
» As stock markets hit record highs, rising financial fragility is setting off alarm bells across the United States and Europe. The International Monetary Fund has recently echoed these concerns, stoking fears of a looming crisis.