Showing 1 - 10 of 39
2026 will be a year of debt struggles
Oped, Chartchai Parasuk, Published on 08/01/2026
» Forget GDP growth. Forget tourist arrivals. Forget export figures. In 2026, Thailand's overriding economic challenge will not be growth but debt repayment.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
Bank of Thailand keeps its options open on rates
Business, Somruedi Banchongduang, Published on 10/08/2023
» The Bank of Thailand can either hike or maintain its policy rate next month depending on economic data, says the central bank's governor.
BoT touts persistent debt scheme
Business, Somruedi Banchongduang, Published on 22/07/2023
» The Bank of Thailand is encouraging 500,000 borrowers to apply for its persistent debt programme to benefit from lower interest rates and exit earlier from the debt cycle.
Central bank aims to tackle debt crisis
Business, Somruedi Banchongduang, Published on 04/07/2023
» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.
BoT preps measures for household debt
Business, Somruedi Banchongduang, Published on 13/05/2022
» The Bank of Thailand plans to implement new measures to ease household debt, focusing on lower-income borrowers.
CIMBT relaxes lending conditions for mortgages
Business, Somruedi Banchongduang, Published on 05/11/2021
» CIMB Thai Bank (CIMBT) has relaxed its lending conditions for mortgage loans by reverting to the criteria that was in place prior to the pandemic, thanks to its improving asset quality and the economic recovery.
BoT sets 2 paths for household debt
Business, Somruedi Banchongduang, Published on 09/06/2021
» A central bank economist forecasts a crossroads for the country's household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%.
A plea for help
Business, Dusida Worrachaddejchai, Lamonphet Apisitniran & Somruedi Banchonduang, Published on 11/01/2021
» 2021 is the year of the Metal Ox in the Chinese zodiac, where hard work and discipline define many of the animal's attributes. The reality at the outset of this year requires such attributes if the economy has a prayer of recovery.