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GENERAL

PM wants rate cuts sped up

News, Phusadee Arunmas, Published on 21/02/2024

» Prime Minister Srettha Thavisin has urged the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) to call a special session to consider cutting interest rates without having to wait until April.

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BUSINESS

Survey: 40% of SMEs face high risk of closure

Business, Phusadee Arunmas, Published on 27/11/2021

» As many as 40% of small and medium-sized enterprises (SMEs) face a high risk of closure because of tight liquidity and higher operation costs, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Household debt rises 42% to 12-year high

Business, Phusadee Arunmas, Published on 12/01/2021

» The Covid-19 crisis has caused household debt to surge to the highest level in 12 years, according to the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Households struggling with medical bills

Business, Phusadee Arunmas, Published on 02/12/2019

» The government is being urged to spend more on public welfare and rev up stimulus plans after a university study found that Thais are borrowing more to pay medical bills and owe an average of 14,600 baht per household.

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BUSINESS

Household debt up 7.4% in 2019 amid economic woes

Business, Phusadee Arunmas, Published on 29/11/2019

» The slowing economy has triggered a surge in household debt of 7.4% this year, says the University of the Thai Chamber of Commerce (UTCC).