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Search Result for “debtor”

Showing 1 - 10 of 577

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GENERAL

Pichai: US rate likely to be revealed by Saturday

Business, Wichit Chantanusornsiri, Published on 30/07/2025

» US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.

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OPINION

Resetting development finance

Oped, Published on 03/07/2025

» At the Fourth International Conference on Financing for Development this week in Seville, delegates are calling for urgent action to fix a system that has stopped working. Prior to the third such gathering a decade ago, in Ethiopia, we had witnessed unprecedented advances towards reducing poverty, increasing school enrolment, and providing clean water worldwide. Today, however, progress is not only slowing but potentially stagnating -- or, worse, reversing.

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GENERAL

Debt relief scheme to be expanded

Business, Wichit Chantanusornsiri, Published on 02/07/2025

» The cabinet has approved expansion of debtor eligibility for the "You Fight, We Help" debt relief programme.

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THAILAND

Seven Vietnamese loan sharks arrested

News, Online Reporters, Published on 21/06/2025

» Seven Vietnamese people have been arrested at a house in Pathum Thani for operating an illegal online lending business, charging customers in Vietnam high floating interest rates, Thai police said on Saturday.

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GENERAL

JKN founder, sister resign after SEC files charges

Business, Nuntawun Polkuamdee, Published on 07/06/2025

» Jakkaphong Jakrajutatip, chief executive of JKN Global Group, and her sister, Pimuma Jakrajutatip, have resigned from all executive and other positions at the SET-listed content and media buying company after the Securities and Exchange Commission (SEC) filed criminal complaints against the pair.

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THAILAND

Seven suspects arrested in illegal loan crackdown

News, Wassayos Ngamkham, Published on 31/05/2025

» Seven suspects have been arrested in connection with three illegal lending businesses with cash flow of at least 100 million baht each following police raids in four provinces, Economic Crime Suppression Division (ECD) officers said on Saturday.

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GENERAL

Thailand's G-Token a borrowing innovation

Business, Wichit Chantanusornsiri, Published on 24/05/2025

» The current monetary system has long served as a medium of exchange for goods, but encrypted digital information systems are challenging that legacy.

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OPINION

Ability to pay key to debt restructuring

Oped, Chartchai Parasuk, Published on 03/04/2025

» Last week's earthquake has provided Thais with two valuable lessons. First, Thailand has no national disaster management plan. No government agency seems to have had carefully thought-out plans and procedures to manage the situation. All measures were carried out on an ad-hoc basis. Worse, there appears to be no coordination among various agencies. Thais were left to rely on their own two feet as thousands of Bangkokians had no choice but to walk for hours to their homes when the mass transit railways were shutdown.

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OPINION

Govt keen to dangle debt relief

News, Veera Prateepchaikul, Published on 24/03/2025

» Former prime minister Thaksin Shinawatra's recent idea to solve the problem of non-performing loans (NPLs) in the household debt sector is just a further extension of two similar programmes introduced by a previous Pheu Thai-led government to ease the financial burden of small debtors and SMEs.

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THAILAND

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.