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Search Result for “severe”

Showing 1 - 10 of 41

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Innocent victims of the mule crackdown

Business, Somruedi Banchongduang, Published on 22/09/2025

» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.

PROPERTY

Real estate price war on the horizon

Business, Somruedi Banchongduang, Published on 13/08/2025

» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.

BUSINESS

Baht poised to weaken further

Business, Somruedi Banchongduang, Published on 14/05/2025

» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.

BUSINESS

Tariff hikes to have far-reaching hit: Bank of Thailand

News, Somruedi Banchongduang, Published on 10/05/2025

» The United States' tariff hikes are expected to have a prolonged and uncertain impact on Thailand's economy, particularly in key export-oriented sectors, according to the Bank of Thailand (BoT).

BUSINESS

Banks post marginal profit growth in Q1

Business, Somruedi Banchongduang, Published on 22/04/2025

» The banking industry reported marginal growth in net profit for the first quarter of 2025, primarily due to lower net interest income (NII), aligning with a contraction in loans.

BUSINESS

Escaping the debt cycle

Business, Somruedi Banchongduang, Published on 15/07/2024

» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.

BUSINESS

Weak response to central bank's debt scheme

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.

BUSINESS

Banking on responsible lending

Business, Somruedi Banchongduang, Published on 18/11/2023

» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.

BUSINESS

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.