Showing 1 - 10 of 184
Govt mulls buying underperforming NPLs
News, Somruedi Banchongduang, Published on 24/03/2025
» The government has announced plans to purchase non-performing loans (NPLs) with outstanding balances below 100,000 baht to alleviate financial burdens on small-scale debtors.
Debt relief scheme impact described as limited
Business, Published on 04/01/2025
» The effect of the Thai government's recent debt relief proposals on banking sector credit metrics will be marginal in 2025 based on the initiative's limited scope, according to Fitch Ratings.
Cabinet approves debt-relief measures
Published on 11/12/2024
» The cabinet on Wednesday approved debt support measures, including interest suspensions and reduced principal payments, to help tackle household and small-business debt, Prime Minister Paetongtarn Shinawatra said.
Thai businesses call for huge stimulus
Business, Post Reporters, Published on 09/12/2024
» The business sector is calling for multiple government stimulus measures, especially tax incentives and a household debt reduction scheme, to revive the economy and give the public a New Year's gift.
Banks expected to rejig home, car loans
Business, Wichit Chantanusornsiri, Published on 06/12/2024
» Commercial banks are expected to help restructure retail home and car loans in line with government policies, says finance permanent secretary Lavaron Sangsnit.
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.
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.
Bad loan surge hits Thai households
Published on 21/11/2024
» Household non-performing loans (NPLs) reached 1.2 trillion baht in the third quarter of this year, a 14% year-on-year increase, and concerns are also growing over the bad debts of small businesses, which rose 20%.
Govt moves to ease debt burden
News, Wichit Chantanusornsiri, Published on 21/11/2024
» The Finance Ministry has unveiled details regarding the government's plan to suspend interest payments for three groups of debtors as part of measures to ease household debt.
Trump tariffs ‘could cost Thailand B160 billion’
Published on 20/11/2024
» Thailand risks missing its economic growth target next year if US President-elect Donald Trump follows through with his pledge to raise tariffs as it could hurt the country’s exports and weaken the baht, according to a study.