Showing 21 - 30 of 255
Over 80,000 sign up for debt relief scheme
Post Reporters, Published on 10/12/2023
» More than 82,000 people have signed up to the government's initiative to help distressed debtors service their obligations to informal lenders since the scheme was launched nine days ago.
How to bring 'slave master' lenders to heel
Published on 10/12/2023
» The scale of Thailand's informal debt has captured the government's attention, prompting it to declare the matter a national agenda issue and roll out a nationwide programme for debtors to register for help.
Banks to hold interest rates steady
Somruedi Banchongduang, Published on 07/12/2023
» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.
Almost 40,000 loan shark debtors seek govt help
Post Reporters, Published on 03/12/2023
» The Interior Ministry has registered 37,579 people seeking government help to pay off debts exceeding 1.5 billion baht to loan sharks nationwide.
Rethink debt servicing
News, Editorial, Published on 01/12/2023
» Informal debt has been a chronic problem in Thai society, affecting a large number of people, particularly low-income earners.
Troubled debt set to exceed B1tn
Business, Somruedi Banchongduang, Published on 29/11/2023
» The National Credit Bureau (NCB) estimates by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
PM calls time on illegal loan sharks
News, Post Reporters, Published on 29/11/2023
» Prime Minister Srettha Thavisin has declared tackling loan sharks and the problems they cause a national priority, and likened the situation some of their victims find themselves in to a form of modern-day slavery.
Troubled debt set to exceed B1 trillion
Somruedi Banchongduang, Published on 28/11/2023
» The National Credit Bureau (NCB) has estimated by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
Srettha sets timeline for new state policies
Business, Wichit Chantanusornsiri, Published on 24/11/2023
» Prime Minister Srettha Thavisin has set a schedule for pressing economic issues related to agriculture, industry, and debt problems, including both formal loans and loan sharks.
Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.