Showing 1 - 10 of 25
Home seizures spike on bad debt
Business, Wichit Chantanusornsiri, Published on 25/11/2025
» The state planning unit has raised concerns about mortgage borrowers as new data shows a significant increase in homes being seized and put up for auction.
Office to study impact of US tariffs on borrowing
Business, Wichit Chantanusornsiri, Published on 21/04/2025
» The Public Debt Management Office (PDMO) plans to reassess the potential impact of US President Donald Trump's tariff policy on fundraising costs.
Bad debt spike blamed on drop in spending
Business, Wichit Chantanusornsiri, Published on 22/07/2024
» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).
Pheu Thai payout to give economy 'B2tn boost'
Wichit Chantanusornsiri, Published on 07/09/2023
» Pheu Thai's 10,000-baht digital currency handout policy will add at least 2 trillion baht of money to the economy and contribute to GDP growth of at least 5% in 2024, said Deputy Finance Minister Julapun Amornvivat.
Loan guarantees spike in first half
Business, Wichit Chantanusornsiri, Published on 21/07/2023
» The state-owned Thai Credit Guarantee Corporation (TCG) yesterday announced its performance during the first six months of this year, with the agency guaranteeing loans for small and medium-sized enterprises (SMEs) worth 67.9 billion baht, representing 72% of its annual target.
Arkhom recommends gradual rate hikes
Business, Wichit Chantanusornsiri, Published on 22/06/2022
» Finance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate.
Ministry not ruling out excise tax cut extension
Business, Wichit Chantanusornsiri, Published on 02/05/2022
» The Finance Ministry has not eliminated the possibility of extending the period set for the reduction of the diesel excise tax, says a ministry source who requested anonymity.
FPO slashes growth on energy outlook
Business, Wichit Chantanusornsiri, Published on 28/04/2022
» The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.
FPO predicts minimum growth of 3%
Business, Wichit Chantanusornsiri, Published on 13/04/2022
» Fiscal Policy Office (FPO) director-general Pornchai Thiraveja believes the Thai economy will grow by a minimum of 3% this year despite soaring domestic energy and product prices caused by the Russia-Ukraine war.
Arkhom asks GH Bank to keep rates stable
Business, Wichit Chantanusornsiri, Published on 01/04/2022
» Finance Minister Arkhom Termpittayapaisith has asked Government Housing Bank (GH Bank) to maintain its current mortgage interest rates this year as borrowers struggle with living costs.