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BUSINESS

Chinese New Year spending set to dip

Business, Phusadee Arunmas, Published on 21/01/2020

» Spending by Thais during the Chinese New Year festival is expected to drop for the first time in 12 years as people fret over economic uncertainties.

ADVANCED NEWS

Households caught in debt trap

Jon Fernquest, Published on 30/03/2012

» 76.2% have difficulty paying for daily needs & 52.7% must borrow, often from loan sharks. Higher oil & goods prices & interest rates a big worry.

ADVANCED NEWS

Flood-rehabilitation corruption

Jon Fernquest, Published on 18/01/2012

» Bribes to politicans & civil servants 25-30% of govt budget (200 billion baht a year, 2% of GDP). Big worry over flood-rehab project corruption opportunity.

ADVANCED NEWS

Flood damage costs rise

Jon Fernquest, Published on 10/10/2011

» Floods hit Ayutthaya with 7% of Thailand's economy & 15% of manufacturing output. Floods in Bangkok could add 50 billion baht of damage or more.