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Search Result for “consumer debt”

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GENERAL

Asian equities mixed despite gains in Japan

Business, Published on 15/06/2024

» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.

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MOTORING

Association sees uptick in used car market

Business, Lamonphet Apisitniran, Published on 14/06/2024

» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.

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GENERAL

Central bank leaves key rate unchanged again

Published on 12/06/2024

» The Bank of Thailand left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite repeated calls by the government to lower borrowing costs to help revive the economy.

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MOTORING

Premium cars cannot avoid plunge in sales

Business, Lamonphet Apisitniran, Published on 08/06/2024

» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).

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GENERAL

Strong US jobs growth dents hopes for rate cut

Published on 07/06/2024

» Global stocks retreated from all-time highs on Friday and US government debt yields jumped after unexpectedly strong US jobs data doused hopes the Federal Reserve would soon follow the euro zone and Canada in cutting interest rates.

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GENERAL

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).

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OPINION

A turbulent time for govt

Oped, Editorial, Published on 06/06/2024

» Winning an election and forming a coalition is one thing; running a country, another. After nine months at Government House, the Srettha Thavisin government finds itself struggling to fulfil its campaign promises. Tough issues -- such as the charter rewrite, boosting tourism, the 10,000-baht digital wallet scheme and the sluggish economy -- remain a fierce challenge.

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GENERAL

CPN, partners sink B1bn into mammoth sale

Business, Kanana Katharangsiporn, Published on 05/06/2024

» SET-listed Central Pattana (CPN), along with Central Group and partners, will invest over 1 billion baht to hold a major sale event to boost sales in the second and third quarters, aiming for a 25-30% increase in customer traffic across all its branches nationwide.

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THAILAND

Srettha targets education, drugs and debt

News, Mongkol Bangprapa, Published on 04/06/2024

» More work is required to improve society, especially in the realms of education, stamping out drugs and reducing household debt, despite the government enjoying a high support rate, according to Prime Minister Srettha Thavisin.

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MOTORING

Producers maintain motorcycle output target

Business, Lamonphet Apisitniran, Published on 04/06/2024

» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).