Showing 1 - 10 of 353
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.
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.
Loan shark arrested for charging 3,400% annual interest
Online Reporters, Published on 17/08/2025
» A 37-year-old recently-released inmate has been arrested for running illegal money lending services with annual interest rates as high as 3,400%, Economic Crime Suppression Division (ECD) officers said on Sunday.
Geographical reach of pico-finance businesses to be expanded
Business, Wichit Chantanusornsiri, Published on 23/07/2025
» The Finance Ministry is in the process of revising its ministerial announcement to expand the geographical scope of the pico-finance business to better serve small-scale borrowers and draw informal lenders into the formal financial system.
Bill aims to enhance credit guarantees
Business, Wichit Chantanusornsiri, Published on 11/07/2025
» The draft National Credit Guarantee Agency (NaCGA) Bill mandates that all financial institutions contribute to a credit guarantee fund in exchange for a guarantee system that reduces their lending risk.
High hopes for virtual banks
Business, Somruedi Banchongduang, Published on 30/06/2025
» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.
Leasing firms wary of tighter oversight
Business, Nuntawun Polkuamdee, Published on 19/06/2025
» Leasing firms have expressed concerns over the Bank of Thailand's move to bring auto leasing and hire-purchase businesses under its supervision, saying tighter rules could push vulnerable borrowers towards informal lending.
Ministry rebuffs reports of returned pico-finance licences
Business, Wichit Chantanusornsiri, Published on 16/06/2025
» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).
Cabinet set to mull credit guarantee agency bill
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» The Finance Ministry looks set to propose for cabinet consideration on Tuesday the draft bill for the National Credit Guarantee Agency (NaCGA), a new facility for small and medium-sized enterprises (SMEs) that provides direct guarantees for a low fee.
Struggles at the farm gate
News, Published on 08/05/2025
» Farmers across Thailand are sounding the alarm as plunging prices for key crops push rural communities deeper into debt, prompting urgent calls for government intervention.