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OPINION

VAT hikes alone won't narrow deficit

News, 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 FY2026-FY2030. It is meant to emphasise the fragility of a Thai fiscal position that requires multiple revenue enhancement measures.

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OPINION

Govt may not have stimulus plan tools

News, Chartchai Parasuk, Published on 16/10/2025

» Nowadays, governments around the world sound like movie production houses. They always come up with catchy slogans for their policies, like Donald Trump's Big Beautiful Bill.

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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.

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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%.

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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.

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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.

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OPINION

Backing Trump on tariffs, not on tone

Oped, Chartchai Parasuk, Published on 17/04/2025

» I'm not a Donald Trump supporter. On the contrary, I dislike the US president for his abrasive behaviour. For Mr Trump, everything is nothing but numbers. Compassion has no meaning in his dictionary.

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OPINION

Key to success: Give what Trump wants

Oped, Chartchai Parasuk, Published on 10/04/2025

» This article is for all nations wanting US President Donald Trump to lower or eliminate reciprocal tariffs, not just Thailand. I feel that the issue is of immediate urgency, and I am writing this article as a special edition.

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OPINION

Ability to pay key to debt restructuring

Oped, Chartchai Parasuk, Published on 03/04/2025

» Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and procedures to manage the situation. All measures were carried out on an ad-hoc basis. Worse, there appears to be no coordination among various agencies. Thais were left to rely on their own two feet as thousands of Bangkokians had no choice but to walk for hours to their homes when the mass transit railways were shutdown.

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OPINION

The economy is waiting to hit an iceberg

Oped, Chartchai Parasuk, Published on 20/03/2025

» This is not a scene from the 1997 film Titanic. On the evening of April 14th 1912, a small Canadian fishing boat, skippered by a French-Canadian captain called "Jacques-Chai", approached the Titanic wanting to convey a very important message to Captain Edward Smith. The message was that there was a sea of icebergs, one was particularly big, about 200 miles ahead.