Showing 1 - 10 of 2,661
Headline inflation 0.95%, below forecast
Reuters, Published on 04/12/2024
» The headline consumer price index (CPI) rose 0.95% in November from a year earlier, after the previous month's annual increase of 0.83%, the Commerce Ministry said on Wednesday.
Central bank head decries influx of Chinese goods
Business, Somruedi Banchongduang, Published on 04/12/2024
» The influx of Chinese goods has significantly affected Thailand's manufacturing growth and constrained loan expansion in the banking sector, says the Bank of Thailand's chief.
Thai finance minister says room for rate cut as inflation is low
Published on 03/12/2024
» There is room for a rate cut in Thailand as inflation is low, Finance Minister Pichai Chunhavajira said on Tuesday as he reiterated his call for monetary and fiscal policy to work together to support the economy.
Thai economy improved in October on tourism, consumption and exports
Published on 29/11/2024
» Thailand's economy improved in October due to tourism, exports and private consumption, which was helped by the government's economic stimulus measures, the Bank of Thailand (BoT) said on Friday.
Household debt plan has many flaws
Oped, Chartchai Parasuk, Published on 28/11/2024
» It is unanimously agreed that household debt is one of the major economic problems of Thailand. Non-performing loans (NPL) from household debt amount to 1.2 trillion baht according to the National Credit Bureau (NCB). If it includes Special Mentioned (SM) debt (31-90 days of default), the bad debt level would rise to 1.7 trillion baht, or about 12.3% of total household debt outstanding.
Thai bad loan ratio hits three-year high as debt-relief planned
Published on 26/11/2024
» Thai banks’ non-performing loans last quarter jumped to their highest level in three years as troubled corporate and individual borrowers continued to struggle to repay debt, though the Bank of Thailand announced progress in talks with the Finance Ministry on relief measures.
Thai banking system has large excess liquidity: central bank
Published on 25/11/2024
» Thailand's banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor said on Monday, reflecting banks' reluctance to lend.
Walk the talk!
Published on 25/11/2024
» Re: "Ex-PM proposes reforms amid global shifts", (BP, Nov 23).
Third phase of handout to cost B140 billion
Reuters, Published on 20/11/2024
» The Thai government expects to carry out the third phase of its cash handout stimulus programme in the second quarter next year, when 140 billion baht will be distributed to 14 million people, according to Deputy Finance Minister Julapun Amornvivat.
Thai banks to pay reduced FIDF fee
Reuters, Published on 20/11/2024
» Thai banks will pay a reduced annual contribution of 0.23% of deposits to the Financial Institutions Development Fund (FIDF) for three years to help tackle household debt, Deputy Minister of Finance Paopoom Rojanasakul said on Wednesday.