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Search Result for “formal economy”

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OPINION

Thai SMEs are in need of a lifeline

Oped, Published on 07/08/2025

» Thailand's small and medium-sized enterprises (SMEs) are quietly suffering through a credit crunch with far-reaching implications. Despite accounting for over 90% of registered businesses, SMEs are finding it harder than ever to access capital. The economic recovery has been uneven, and traditional lenders -- still cautious after the pandemic -- are reducing risk exposure. But the core issue is not merely liquidity; it is the absence of a national system for reviving viable but stressed firms.

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THAILAND

Border crisis blues

Published on 03/08/2025

» Simmering tensions along the Thai-Cambodian border have intensified the political storm in Thailand, with analysts saying the Pheu Thai-led government is rapidly losing public trust amid accusations of weak leadership, poor crisis communication, and possible secret dealings.

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GENERAL

GH Bank eager to explore the high-end mortgage market

Business, Wichit Chantanusornsiri, Published on 02/08/2025

» Government Housing (GH) Bank is expanding its housing loan market to include the high-end segment, which accounts for 4.5% of its total lending.

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THAILAND

A brotherhood of monarchs

News, Published on 28/07/2025

» The bond between the kingdoms of Thailand and Bhutan was enlivened by a historic state visit by Their Majesties the King and Queen earlier in the year -- a visit that has strengthened the enduring ties.

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SUSTAINABILITY

Thailand's SDG path shows gains

Oped, Published on 25/07/2025

» Thailand presented its third Voluntary National Review at the United Nations High-Level Political Forum in New York. It was a moment to take stock, not only of what has been achieved under the Sustainable Development Goals (SDGs), but of the work still to come. Thailand has shown consistent engagement in this process, having previously submitted reviews in 2017 and 2021, underscoring a clear message: sustainable development remains a national priority.

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GENERAL

Thaksin touts golden visa, higher travel fees to boost Thailand

Bloomberg News, Published on 18/07/2025

» Former prime minister Thaksin Shinawatra suggested Thailand create a golden visa scheme for wealthy foreigners to become long-term residents and called on Airports of Thailand Plc (AOT) to hike passenger service fees to boost the sluggish economy.

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GENERAL

National crypto sandbox for tourists in the offing

Business, Published on 17/07/2025

» Digital asset exchange operators have welcomed a joint effort between the Securities and Exchange Commission (SEC) and the Bank of Thailand to launch a crypto sandbox to allow foreign tourists to use digital assets in Thailand, saying the new initiative would drive crypto adoption across Thailand.

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GENERAL

Bankers' association pushes formal economy to the fore

Business, Somruedi Banchongduang, Published on 16/07/2025

» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).

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GENERAL

Challenges aplenty await central bank chief

Business, Post Reporters, Published on 14/07/2025

» As the search for the next governor of the Bank of Thailand nears its conclusion, with cabinet approval of the chosen candidate expected within days, attention is rapidly shifting to the challenges awaiting the appointee.

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THAILAND

Thaksin invite 'breaches ethics'

Published on 13/07/2025

» The National Anti-Corruption Commission (NACC) is being urged to investigate Finance Minister Pichai Chunhavajira after he invited former premier Thaksin Shinawatra to participate in a high-level discussion about US tariffs with the government.