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BUSINESS

GH Bank sees 19% loan growth in 2025

Business, Wichit Chantanusornsiri, Published on 11/12/2025

» Government Housing Bank (GH Bank), a state-owned financial institution that has more than 40% of the market for housing loans across the financial system, believes that demand for homes priced below 2 million baht will remain strong next year.

BUSINESS

Budget for elderly welfare ballooning

Business, Wichit Chantanusornsiri, Published on 17/09/2025

» The budget for elderly welfare has surged, reaching 365 billion baht in fiscal 2026, which is 50% higher than 10 years ago, reflecting Thailand's transition to an ageing society, according to the Budget Bureau.

BUSINESS

Call for measures to halt surge in bad debt

Business, Wichit Chantanusornsiri, Published on 10/06/2025

» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.

BUSINESS

Unpacking the debt-to-GDP ratio

Business, Wichit Chantanusornsiri, Published on 29/03/2025

» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.

BUSINESS

Lack of 'bad bank' hampers debt efforts

Wichit Chantanusornsiri, Published on 24/03/2025

» Former prime minister Thaksin Shinawatra remains a magnet for attention as he shapes government policies.

BUSINESS

Ministry eyes measures for smaller debts

Business, Wichit Chantanusornsiri, Published on 21/03/2025

» The Finance Ministry is considering measures to address household debt for loans of less than 100,000 baht, which account for 35% of total household debt.

BUSINESS

Trump tariffs may hinder Thai employment rate

Business, Wichit Chantanusornsiri, Published on 27/02/2025

» The state planning unit has raised concerns that US President Donald Trump's protectionist trade measures may lead to increased unemployment in Thailand.

BUSINESS

Unpacking the Top-Up Tax law

Business, Wichit Chantanusornsiri, Published on 11/01/2025

» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.

BUSINESS

Finance Minister Pichai sees B3tn for stimulus funds

Business, Wichit Chantanusornsiri, Published on 14/11/2024

» The government has a budget of up to 3 trillion baht available for economic stimulus over the next four years, says Finance Minister Pichai Chunhavajira.

BUSINESS

Finance Ministry to divest from 25 companies

Business, Wichit Chantanusornsiri, Published on 24/07/2024

» The State Enterprise Policy Office (Sepo) looks set to divest Finance Ministry shares in 25 non-listed firms, with a total estimated value of 20 billion baht.