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The effort to clamp down on scams

Business, Somruedi Banchongduang, Published on 19/09/2024

» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.

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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.

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BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.