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Search Result for “household debt”

Showing 1 - 10 of 3,002

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GENERAL

Consumer confidence slips to 14-month low

Business, Phusadee Arunmas, Published on 11/10/2024

» Thai consumer confidence dropped for a seventh consecutive month in September to a 14-month low, attributed to concerns over a global economic slowdown and the floods in the country.

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GENERAL

Economists press for autonomy of BoT

Business, Published on 10/10/2024

» Economists have restated their calls for the Bank of Thailand to retain its independence, suggesting it is essential for the country's economic growth.

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GENERAL

Finance Ministry calls for weaker baht, wants 2024 rate cut

Bloomberg News, Published on 09/10/2024

» The Ministry of Finance ratcheted up pressure on the Bank of Thailand (BoT) to cut interest rates to boost the economy and weaken the baht, just a day after an influential former governor warned against government meddling in the central bank.

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GENERAL

Thailand consumer outlook hopeful

Business, Published on 09/10/2024

» We maintain a positive outlook for consumer spending in Thailand throughout 2024, as growth continues in sectors such as retail, hospitality, tourism and gastronomy.

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GENERAL

Line Thailand unveils tech tools to help brands boost sales

Business, Suchit Leesa-nguansuk, Published on 08/10/2024

» Line Thailand has introduced new marketing technology tools to help marketers and brands increase sales amid the tepid economy.

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GENERAL

Banks to tackle high household debt with new measures

Business, Somruedi Banchongduang, Published on 08/10/2024

» The Thai Bankers' Association (TBA) is considering additional measures to improve debt restructuring for vulnerable customer segments in an effort to address the country's household debt crisis.

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GENERAL

Bank of Thailand sees household debt dipping

Business, Somruedi Banchongduang, Published on 05/10/2024

» Household debt is expected to continue declining in the third and fourth quarters of this year, driven by economic growth, according to the Bank of Thailand.

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MOTORING

Mercedes teams up for insurance offer

Business, Lamonphet Apisitniran, Published on 04/10/2024

» Mercedes-Benz Mobility, the financial and mobility services division of the German luxury automaker, expects Mercedes-Benz car sales to increase during the Bangkok International Motor Expo later this year, despite a sluggish market, after launching a new sales promotion.

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GENERAL

Thailand leads march towards cashless society

Business, Somruedi Banchongduang, Published on 03/10/2024

» Thailand is expected to transition to a cashless society faster than its regional peers, driven by the country's rapid digital adoption and transformation, according to a Visa survey.

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OPINION

Stimulus packages need paradigm shift

Oped, Chartchai Parasuk, Published on 03/10/2024

» Ever wonder why Thailand's economic growth is consistently lower than its peers? Even with a flood of foreign tourists of 28.1 million (154.4% growth) in 2023, our GDP growth was 1.9% compared to 5.5% in the Philippines, 5% in both Indonesia and Vietnam, and 3.7% in Malaysia. The growth figure for the first half of this year of 1.9% is far worse than many of our Asean friends.