Showing 1 - 10 of 38
War of independence
Business, Published on 13/05/2024
» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.
A sneak peek at looming debt balloon
Business, Published on 14/03/2024
» Non-performing loans (NPLs), debt accumulation and stagnant purchasing power have weighed on domestic consumption since last year.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
The lowdown on the 1997 financial crisis
Business, Published on 12/02/2024
» The 1997 Tom Yam Kung crisis was triggered by excessive loan extension by financial institutions and the liberalisation of the country's financial market, allowing Thai commercial banks to borrow money from foreign financial institutions to provide loans to businesses, says Sanan Angubolkul, chairman of the Thai Chamber of Commerce.
Balancing 2 large projects
Business, Published on 05/02/2024
» The proposed Land Bridge project in southern Thailand is viewed by the current administration as a marker of its success in drawing foreign investment, similar to how previous governments regarded the Eastern Economic Corridor (EEC).
Evaluating the cost of a wage hike
Business, Published on 25/09/2023
» Following Prime Minister Srettha Thavisin's revelation last week that the government expects a daily minimum wage hike to 400 baht in either November or December, the business sector voiced its concerns regarding increasing costs that could eventually create an additional burden for consumers.
The eternal joust over rate hikes
Business, Published on 12/06/2023
» Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.
Measures sought to stimulate market
Business, Published on 10/03/2023
» The next government should revise loan-to-value (LTV) limits, reduce the minimum land size for low-rise houses and extend the leasehold period to stimulate residential demand amid unfavourable conditions, according to property associations.
An age-old dilemma
Business, Published on 07/11/2022
» The government is under pressure after the cabinet approved a bill that allows foreigners to own land if they invest here, a policy that has been widely derided as "selling off" the country.
On guard against contagion
Business, Published on 29/06/2020
» Thailand's banking sector has been disrupted yet again, but this time it's not a sophisticated new technology creating turbulence. Rather, it's a microscopic virus that induces fear of immense collateral damage that could shake the country's financial pillars to its core.