Showing 1 - 10 of 2,008
Examining the crux of the credit crunch
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.
Asian stocks track bank-led losses on Wall Street
Business, Nuntawun Polkuamdee, Published on 18/10/2025
» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.
Trump critic John Bolton indicted
AFP, Published on 17/10/2025
» WASHINGTON - John Bolton, Donald Trump's former national security advisor, was indicted on Thursday by a federal grand jury, the third foe of the US president to be hit with criminal charges in recent weeks.
New Bank of Thailand chief pledges more help for household debtors
Somruedi Banchongduang, Published on 10/10/2025
» The new governor of the Bank of Thailand has vowed to focus more on targeted measures alongside monetary policy to deliver tangible results and provide meaningful support to the public.
Government allots B10bn to buy individuals' bad debt
Business, Wichit Chantanusornsiri, Published on 08/10/2025
» The government plans to allocate around 10 billion baht to address non-performing loans (NPLs) among individual borrowers, according to Finance Minister Ekniti Nitithanprapas.
Ministers urged to act fast
Business, Wichit Chantanusornsiri, Published on 15/09/2025
» If the planned stimulus measures are implemented wisely and reinforced by public confidence in the new government's economic team, they could generate momentum for the Thai economy, enabling it to move forward and break free from stagnation, says Kiatanantha Lounkaew, an economics professor at Thammasat University.
Vietnam's credit splurge risks fuelling asset bubbles, government warned
Published on 11/09/2025
» HANOI - Vietnam's breakneck credit expansion may fuel asset price bubbles, prominent academics of the Southeast Asian nation warned its lawmakers last week, documents showed.
Kasikornbank scraps key profit target amid weak economy
Published on 02/09/2025
» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.
Fitch: Bad loans expected to pressure large Thai banks
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.
BAAC plans B10bn debt restructuring
Business, Wichit Chantanusornsiri, Published on 25/08/2025
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing a debt haircut for 10 billion baht worth of chronic debt and money owed by borrowers over 70.