Showing 1 - 10 of 19
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.
Bank of Thailand governor proposes fiscal suggestions
Business, Somruedi Banchongduang, Published on 15/09/2023
» The government's economic policies should be considered in terms of their medium-term impact amid concerns about fiscal instability, says the head of the Bank of Thailand.
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.
Academics issue alert on metaverse land bubble
Business, Somruedi Banchongduang, Published on 21/04/2022
» Academics warn that metaverse land prices could face a bubble after surging by 300 times in two years.
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.
Headwinds cause major B4.9tn loss
Business, Somruedi Banchongduang, Published on 29/09/2020
» Uncertainties in domestic politics, economic policies and the external front over the past 14 years led to losses to Thailand's GDP worth 4.9 trillion baht, according to a research paper.
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.
NCB: Youth piling up debt
Business, Somruedi Banchongduang, Published on 30/09/2019
» The number of credit-eligible Gen Z applicants for credit cards increased significantly in the second quarter, suggesting that this generation is piling up debt, according to National Credit Bureau (NCB) data.