Showing 1 - 10 of 24
BoT: Rising jobless rate a risk
Business, Pathom Sangwongwanich, Published on 15/07/2016
» The rising unemployment rate warrants close monitoring, with those in the agricultural sector and new graduates identified as the most at risk, says the Bank of Thailand.
Pridiyathorn: Pickup just around the bend
Business, Pathom Sangwongwanich, Published on 19/06/2015
» Thailand's economic recovery should gain momentum from September following a one-year downward correction resulting from the previous government's distorted stimulus policies, says Deputy Prime Minister MR Pridiyathorn Devakula.
Why another rate cut could be imminent
Business, Pathom Sangwongwanich, Published on 23/03/2015
» The Bank of Thailand's Monetary Policy Committee (MPC) could make another rate cut at its April 29 meeting to boost confidence further amid flagging economic data, says one securities executive.
Household debt 'nears crisis point'
Business, Pathom Sangwongwanich, Published on 04/03/2015
» Household debt is likely to hit a record high of 90% of GDP this year and could snowball into a major crisis if left unaddressed, says an expert.
NPLs increase slightly in Q3
Business, Pathom Sangwongwanich, Published on 19/11/2014
» Overall non-performing loans (NPLs) continued to rise moderately in the third quarter due mainly to weakening repayments of consumer loans, says a senior Bank of Thailand official.
BoT: No worries on household debt
Business, Pathom Sangwongwanich, Published on 14/11/2014
» The Bank of Thailand is seeking to calm public anxiety about swelling household debt, saying the issue was not a major factor in its recent monetary policy decisions and that such worries could dent the economic recovery momentum.
Banking sector stable but risks still remain
Business, Pathom Sangwongwanich, Published on 13/11/2014
» Thai banks still hold a stable outlook as public spending could enhance medium-term loan growth, but a rise in interest rates could damage bank assets and increase non-performing loans (NPLs), says Standard and Poor's (S&P) Ratings Services.
BoT: Banks prep for debt
Business, Pathom Sangwongwanich, Published on 25/10/2014
» It could take time for the country's swelling household debt to drop as consumers accumulated it over a number of years. But commercial lenders have already tightened their loan approval process, says Bank of Thailand spokesman Chirathep Senivongs Na Ayudhya.
Aid for needy workers urged
Business, Pathom Sangwongwanich, Published on 30/04/2014
» Academics suggest the government implement relevant measures to curb the growing distress of workers suffering a drop in income as the cost of living rises, often forcing them to resort to loan sharks.
Bank NPLs up by 4.48% in 2013, set to rise further
Business, Pathom Sangwongwanich, Published on 15/02/2014
» Commercial banks’ bad outstanding loans were up 4.48% at the end of 2013, and the proportion continues to deteriorate on the back of larger lending portfolios, says the Bank of Thailand.