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Search Result for “vulnerable borrowers”

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BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

‘Recession’ a concern, says Thai business group

Lamonphet Apisitniran, Published on 07/01/2026

» Thailand’s economy is bracing for its weakest expansion in 30 years, with GDP growth projected at less than 2% in 2026, attributed to sluggish exports, high household debt and declining competitiveness in global markets, warns the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Manufacturers brace for tough 2026

Business, Lamonphet Apisitniran, Published on 01/01/2026

» Thailand's manufacturing sector is bracing for a difficult start to 2026, as political uncertainty, sluggish domestic demand and structural challenges continue to weigh on the economy.

BUSINESS

Output ticks up for automobiles

Business, Lamonphet Apisitniran, Published on 31/07/2025

» Thailand's Manufacturing Production Index (MPI) increased by 0.58% year-on-year to 97.35 points in June, driven by the recovery of the car market, an increase in exports and state stimulus measures, says the Office of Industrial Economics (OIE).

BUSINESS

Motorcycle production and sales set to slow in 2nd half

Business, Lamonphet Apisitniran, Published on 11/07/2025

» More motorcycle production and sales in Thailand during the first five months of 2025 do not guarantee bright business prospects as the industry looks likely to slow in the second half, says the Federation of Thai Industries (FTI).

BUSINESS

Investment board approves new incentives to support SMEs

Business, Lamonphet Apisitniran, Published on 20/05/2025

» The Board of Investment (BOI) has approved new measures to better support small and medium-sized enterprises (SMEs), which are facing tough competition and the impact of US President Donald Trump's stiff tariffs.

BUSINESS

Premium car sales likely unchanged

Business, Lamonphet Apisitniran, Published on 19/02/2025

» Sales of premium cars in Thailand are likely to remain unchanged in 2025 as people's purchasing power is weak and they face difficulty in accessing auto loans, a situation which is expected to subdue the car market, says BMW Group Thailand.

BUSINESS

SMEs to get B1.9bn of cheap loans

Business, Lamonphet Apisitniran, Published on 16/10/2024

» Industry Minister Akanat Promphan is pushing ahead with plans to help small and medium-sized enterprises (SMEs) ease their financial burdens and develop their technological know-how to better compete in the market.

BUSINESS

Motorcycle manufacturing output decline set to persist

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Thailand's motorcycle manufacturing output will continue to decelerate in the second half of this year amid the high level of household debt and the weak economy, says the Federation of Thai Industries (FTI).

BUSINESS

Thailand cuts car manufacturing target to 1.7m in 2024

Business, Lamonphet Apisitniran, Published on 26/07/2024

» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.