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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.

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OPINION

Reviving Thai economy is a tall order

Oped, Chartchai Parasuk, Published on 27/07/2023

» By the time readers read this article, Thailand still does not have a real government. But judging from the game being played, it is not too hard to guess which party will lead a new government.

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OPINION

Demand destruction the new buzzword

Oped, Chartchai Parasuk, Published on 11/08/2022

» On Feb 23, a day before Russia invaded Ukraine, the world crude oil price was US$90.60 (3,221 baht) per barrel. Russian oil supply disruption and demand recovery from Covid-19 dragged the crude oil price to almost $120 at the end of May, after the US and European central banks sent strong signals that they would rapidly increase interest rates to contain inflation, despite the cost of a further economic slowdown.

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OPINION

Bank of Thailand lands in hot water

News, Chartchai Parasuk, Published on 16/01/2020

» It caught almost everyone by surprise when the baht strengthened past the psychological level of 30 baht per US dollar during the New Year holidays.