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Search Result for “debtors”

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GENERAL

BAAC plans B10bn debt restructuring

Business, Wichit Chantanusornsiri, Published on 25/08/2025

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing a debt haircut for 10 billion baht worth of chronic debt and money owed by borrowers over 70.

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OPINION

Agenda for tackling debt crisis

News, Published on 23/08/2025

» Following the Fourth International Conference on Financing for Development in June, we reached a breakthrough moment. Governments, international financial institutions, and civil-society organisations, recognising the need to tackle today's debt and development crises, are ready for action ahead of the United Nations General Assembly (UNGA) in September.

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GENERAL

Flat-rate interest for leasing on the way out

Wichit Chantanusornsiri, Published on 20/08/2025

» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.

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THAILAND

Loan shark arrested for charging 3,400% annual interest

Online Reporters, Published on 17/08/2025

» A 37-year-old recently-released inmate has been arrested for running illegal money lending services with annual interest rates as high as 3,400%, Economic Crime Suppression Division (ECD) officers said on Sunday.

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GENERAL

Bad loan risk rising in four key business sectors

Somruedi Banchongduang, Published on 15/08/2025

» Four key business sectors in Thailand are showing signs of weaker debt repayment capabilities, with the challenge likely to extend to larger business operators, according to Kasikorn Research Center (K-Research).

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GENERAL

US tariffs to be cushioned by B25bn state package

Business, Wichit Chantanusornsiri, Published on 25/07/2025

» The Finance Ministry is allocating an additional 25 billion baht in the 2026 fiscal budget to mitigate the impact of tariff measures imposed by US President Donald Trump.

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GENERAL

Gamut of challenges await BoT governor

Business, Lamonphet Apisitniran, Published on 23/07/2025

» The new governor of the Bank of Thailand (BoT) will immediately face challenges as business leaders want him to push for measures to reduce loan interest rates and relax lending criteria among state and privately-run banks as well as avoid a surge in the value of the baht.

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GENERAL

B3bn credit guarantees to aid firms hit by trade war

Business, Wichit Chantanusornsiri, Published on 17/07/2025

» Thai Credit Guarantee Corporation (TCG) has launched a credit guarantee measure worth 3 billion baht to support entrepreneurs affected by the ongoing trade war.

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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.