Showing 1-10 of 17 results
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Key sectors' future looks L-shaped
Business, Oranan Paweewun, Published on 16/05/2020
» Industries with employees totalling nearly one-third of the Thai workforce are unlikely to recover this year, even as partial lockdown measures are eased, according to TMB Analytics.
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BoT schemes to cover 1.7m SMEs
Business, Oranan Paweewun, Published on 08/04/2020
» About 1.7 million small and medium-sized enterprises (SMEs) with total loans outstanding of 2.4 trillion baht are eligible to participate in the Bank of Thailand's six-month deferment period on principal and interest and a 500-billion-baht soft loan scheme, says the central bank's chief.
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Breaking the bonds of debt
Business, Oranan Paweewun, Published on 16/03/2020
» Thai household borrowing rose to 13.2 trillion baht at the end of September 2019 from 12.8 trillion baht at the end of 2018, with the ratio relative to GDP climbing to 79.1% from 78.6%. These figures suggest many people are drowning in debt.
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Insurance policies go viral
Business, Oranan Paweewun, Published on 23/03/2020
» The number of Covid-19 infections worldwide is nearing 250,000 and the death toll has exceeded 10,000, while the number of new patients diagnosed with the deadly virus in Thailand is rising rapidly.
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State banks enticing homebuyers
Business, Oranan Paweewun, Published on 09/12/2019
» Buying a home is the biggest purchase of most people's lives, and a mortgage the largest debt most will bear. Locking in cheap home loans can save money on interest payments over time and allow borrowers to spend less time paying off the debt.
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Building the best health plan
Business, Oranan Paweewun, Published on 04/11/2019
» Naris Sakdapolrak, a retired engineer aged 72, had been diagnosed with mitral regurgitation, a heart problem whose remedy costs could reach millions of baht at private hospitals. So he decided to use his medical treatment rights under universal healthcare coverage, better known as the "gold card", and sought treatment at Bhumibol Adulyadej Hospital, according to information from the National Health Security Office (NHSO).
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GSB seeks nod for mortgage measures
Business, Oranan Paweewun, Published on 06/06/2019
» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.
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Playing your hand right
Business, Oranan Paweewun, Published on 17/06/2019
» Credit cards offer many benefits if they are used wisely, including rewards, cash back, discounts and other perks on top of their main feature of buy now, pay within a month. The key is not to spend more than you have, because the interest rates on debt are steep.
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Lending spigot still open despite LTV curbs
Business, Oranan Paweewun, Published on 25/05/2019
» Commercial banks' mortgage lending showed signs of slowing down in April after new loan-to-value (LTV) curbs took effect, but net loans in overall categories continued to grow for a third straight month, says Kasikorn Research Center (K-Research).
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Small deposits add up
Business, Oranan Paweewun, Published on 22/04/2019
» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.
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