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Search Result for “informal loans”

Showing 1 - 10 of 361

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GENERAL

Virtual banks to bolster financial inclusion

Business, Somruedi Banchongduang, Published on 10/10/2025

» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.

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GENERAL

Call to persist with existing debt relief schemes

Business, Wichit Chantanusornsiri, Published on 30/09/2025

» Former deputy finance minister Paopoom Rojanasakul expressed hope that the new government led by Prime Minister Anutin Charnvirakul will continue the debt relief programmes for Thais that have benefited nearly 6 million people.

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GENERAL

Choppy waters for new BoT boss

Business, Post Reporters, Published on 29/09/2025

» Vitai Ratanakorn, the former president of Government Savings Bank (GSB), assumes the helm at the Bank of Thailand on Oct 1, with the change coming at a precarious time as the nation faces a complex mix of internal and external challenges.

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GENERAL

Thai household debt surges to four-year high

Phusadee Arunmas, Published on 25/09/2025

» Average household debt in Thailand has surged by 22% from a year ago to reach a four-year high of 740,596 baht, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Team to probe money flows linked to baht

Published on 22/09/2025

» A special team has been established to investigate money flows potentially linked to baht movements, with operations set to begin immediately after the new government is sworn in.

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GENERAL

Thai Credit Guarantee Corporation expands scope of credit services

Business, Wichit Chantanusornsiri, Published on 12/09/2025

» The Thai Credit Guarantee Corporation (TCG) can now offer its guarantees to entrepreneurs seeking loans from non-bank lenders that are not subsidiaries of financial institutions, covering auto leasing loans.

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GENERAL

Buy now, bankrupt later

Business, Post Reporters, Published on 01/09/2025

» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.

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GENERAL

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

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OPINION

1% GDP growth impacts will be severe

Oped, Chartchai Parasuk, Published on 21/08/2025

» Where did I get the idea that GDP growth in the second half of 2025 would only be 1.0%? The answer is the government, as the National Economic and Social Development Council (NESDC) told me so.

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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.