BUSINESS

Bond defaults total B25bn, but conditions ease this year

Business, Nuntawun Polkuamdee, Published on 13/09/2024

» Corporate bonds worth more than 25 billion baht have postponed payments this year, according to the Thai Bond Market Association (TBMA), noting that fewer defaults are expected for the remainder of 2024 as economic conditions improve, with interest rates on a downward trend.