Showing 1 - 10 of 65
2.4 million ‘at-risk’ borrowers a big concern
Somruedi Banchongduang, Published on 24/09/2024
» Borrowers with debts exceeding 1 million baht each represent the greatest concern for the country as household debt accumulates, a new survey shows.
Climate risks threaten Thai economy
Oped, Rapeepat Ingkasit, Published on 21/08/2024
» Last month, our Climate Finance Network Thailand (CFNT) network hosted a webinar titled "Time to Act: Looming Climate Impacts on Thailand's Financial Sector". Our highlight was our guest, Dr Kannika Thampanishvong, section head at the Puey Ungphakorn Institute for Economic Research, who told us about how finance professionals view climate change and how economists prepare to deal with natural disasters.
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Leave no farmer behind
News, Editorial, Published on 03/06/2024
» Prime Minister Srettha Thavisin recently launched an initiative aimed at transforming Thailand, already a major food exporter, into a global agriculture hub. Such an ambition is not new for the government, but the plan faces numerous challenges.
Eminence Clinches 2024 Good Governance Consumer Award
Published on 01/04/2024
» Eminence International Limited, a leader in medical innovation fulfilling all healthcare needs, has won the Good Governance Award 2024 for consumer treatment. Adhering to the "The Promise of Health" philosophy for over 50 years, Eminence was recognized for its excellence. The award ceremony was co-hosted by four major institutes: the Bank of Thailand, the Thai Bankers Association, the Puey Ungphakorn Institute, and the Institute for Small and Medium Enterprises Development. These organisations came together to honour entrepreneurs who conduct their businesses with moral integrity and ethical practices for the benefit of partners, customers, employees, society, and the environment.
Making exports for a low-carbon era
Oped, Published on 27/03/2024
» Exports have been Thailand's important growth engine for many decades. A number of Thailand's export destinations have shown increasing interest in and support for low-carbon products. Failure to meet global demand for low-carbon products risks Thailand's competitiveness in international trade.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
New approach needed for farm debt
Business, Wichit Chantanusornsiri, Published on 02/10/2023
» The debt suspension scheme for farmers fails to address the root cause of the debt problem, says Somporn Isvilanonda, a senior academic at the Knowledge Network Institute of Thailand.
Debt policy is a costly folly
Oped, Editorial, Published on 28/09/2023
» The Srettha Thavisin government has given the nod to a three-year debt moratorium for farmers that will cost about 30 billion baht, amid questions tied to the long-term benefits of the programme, which is a huge burden on state coffers.
Bank of Thailand governor proposes fiscal suggestions
Business, Somruedi Banchongduang, Published on 15/09/2023
» The government's economic policies should be considered in terms of their medium-term impact amid concerns about fiscal instability, says the head of the Bank of Thailand.