Showing 1 - 10 of 137
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
Projected growth seen boosting housing demand next year
Business, Kanana Katharangsiporn, Published on 19/11/2024
» The projected economic growth for 2025, along with measures to address household debt, support for vulnerable groups and an anticipated increase in foreign arrivals, are expected to boost housing demand after an estimated 4.4% decline in 2024.
Report to cabinet puts public debt at 64% of GDP
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» The cabinet acknowledged the latest report on public debt levels as of August, tallying 64% of GDP, below the fiscal sustainability threshold of 70%.
Agency poised to issue B130bn sustainability-linked bond
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» The Public Debt Management Office (PDMO) plans to issue a sustainability-linked bond (SLB) worth 130 billion baht for fiscal 2025.
Agency undaunted by Thailand's public debt level
Business, Wichit Chantanusornsiri, Published on 28/10/2024
» The government's level of public debt is not yet a concern compared with countries that have a similar credit rating to Thailand, according to the Public Debt Management Office (PDMO).
New IMF debt deal needs a rejig
Oped, Published on 03/10/2024
» Ranil Wickremesinghe, Sri Lanka's president, recently lost his re-election bid after voters overwhelmingly rejected the debt-restructuring deals he negotiated with the International Monetary Fund (IMF) and other creditors. Instead, Sri Lankans elected Anura Kumara Dissanayake, leader of the left-wing National People's Power (NPP) alliance and a vocal critic of IMF-imposed austerity measures, who has vowed to renegotiate the country's agreement with the fund.
Farm machine market set to grow by 2%
Business, Lamonphet Apisitniran, Published on 26/09/2024
» The value of Thailand's agricultural machine market is expected to grow by 1-2% year-on-year to 70 billion baht in 2024 despite high levels of household debt and the sagging economy, says farm truck maker Siam Kubota Corporation.
Thai PM Paetongtarn to prioritise tackling B16tn household debt
Published on 08/09/2024
» Thailand’s new government plans to expedite a sweeping debt restructuring to tackle an estimated $474 billion of household liability, offer financial assistance to small businesses and accelerate fiscal stimulus to lift growth.
Populist policies: Yingluck's worse than Thaksin
Jon Fernquest, Published on 31/05/2013
» First generation populist policies (universal healthcare, OTOP) better than second generation policies (rice pledging scheme, first car rebate).