Showing 1 - 10 of 13
2.4 million ‘at-risk’ borrowers a big concern
Somruedi Banchongduang, Published on 24/09/2024
» Borrowers with debts exceeding 1 million baht each represent the greatest concern for the country as household debt accumulates, a new survey shows.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
New BoT study explores inflation data
Business, Somruedi Banchongduang, Published on 10/09/2022
» The Bank of Thailand's Puey Ungphakorn Institute for Economic Research (Pier) forecasts the country's high inflation rate will unravel naturally in the medium to long term because rising inflation is mainly a result of specific factors rather than macroeconomic issues.
PIER: Declining unity may hit growth
Business, Somruedi Banchongduang, Published on 15/10/2021
» The Bank of Thailand's Puey Ungphakorn Institution for Economic Research (PIER) believes the country's differences of opinion could have an effect on future Thai economic growth as people's trust in one another declined over a 10-year period.
PIER highlights retirement
Business, Somruedi Banchongduang, Published on 30/10/2020
» The Puey Ungphakorn Institute for Economic Research (PIER), a research house under the Bank of Thailand, urges middle-income earners to invest long-term in preparation for retirement amid the economic downturn as asset prices have dipped.
BoT: Thai deposits woefully meagre
Business, Somruedi Banchongduang, Published on 21/12/2019
» One-third of Thai depositors have a deposit balance below 500 baht, while the combined deposits of the largest 10% of depositors account for 93% of commercial banks' total deposits, says the Bank of Thailand's think tank.
Populist policies hurting farmers: BoT's think tank
Business, Somruedi Banchongduang, Published on 29/06/2019
» Long-standing state subsidies have distorted crop prices, sunk farmers deeper in debt and contributed to falling productivity and higher inequality in resource accessibility, says the Bank of Thailand's think tank.
Study finds Thais in debt early on
Business, Somruedi Banchongduang, Published on 01/05/2019
» Swelling household debt over the past nine years through 2018 can be largely attributed to debts run up by existing borrowers, while significant growth in personal, credit card and auto loans contributed to an uptick in the debt load last year, says the central bank's think tank.
Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
Survey finds 40% of farmers live under poverty line
Business, Somruedi Banchongduang, Published on 31/05/2018
» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.