• OPINION

  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?"

• 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

  A 4-win solution to the handout plan

  News, Chartchai Parasuk, Published on 30/11/2023

  » There could be a four-win solution to the 10,000-baht cash handout scheme.

• OPINION

  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.

• OPINION

  Why do I smell tom yum kung cooking?

  Oped, Chartchai Parasuk, Published on 10/08/2023

  » Readers who follow my bi-weekly economic column will have no doubt that the tom yum kung I am referring to is not a traditional Thai soup dish but the financial crisis of 1997.

• OPINION

  World faces prospect of financial tumult

  Oped, Chartchai Parasuk, Published on 23/03/2023

  » Today, I was supposed to present the third article, Managing Household Debt, in the series "Changing Thailand". In fact, I have finished drafting a payment reduction model which could reduce monthly debt payments by 4.6 times without the hair-cutting debt principal or requiring government financial support. But I will delay that article for now.

• OPINION

  Economic risks to watch out for in 2023

  Oped, Chartchai Parasuk, Published on 29/12/2022

  » The world will end 2022 with big celebrations. Yet not because of robust economic growth, as growth this year is projected to be only 3.2% -- following the International Monetary Fund's (IMF) recent projections -- compared to 6.0% growth in 2021.

• OPINION

  World economy downhill from here

  Oped, Chartchai Parasuk, Published on 17/11/2022

  » When I planned for this week's article, I wanted to write about the illusions of today's economic picture such as the robust GDP growth in emerging economies, declining inflation rates, booming travel business, strengthening of the Thai baht, and so on. But even with the economic data and theories to back up my claims, who would believe me? Who would believe that the current robust demand is nothing but an example of short-term, pent-up demand after two years of the Covid-19 outbreak? Who would consider the fact that consumers have no increased purchasing power to sustain today's level of consumption? Most of all, who would imagine that things would change drastically in the fourth quarter after consumers face the reality of a higher cost of living and stagnant income?

• OPINION

  More thoughts on the post-Covid world

  Oped, Chartchai Parasuk, Published on 27/08/2020

  » News about Covid-19 vaccine development in Russia and other countries offers a ray of hope the pandemic could be ending soon and the world economy may return to normal.

• OPINION

  This could get worse before it improves

  Oped, Chartchai Parasuk, Published on 16/07/2020

  » This is not the first time the world has faced economic dangers but the Covid-19 outbreak is by far the most devastating. I have a feeling that it could beat the legendary 1930s Great Depression. There are many questions to ask, particularly about the future of the world and the Thai economy. I'd like to raise three questions as follows:

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