Showing 1-10 of 133 results
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New finance minister ready to seek remedies
Business, Wichit Chantanusornsiri, Published on 13/08/2020
» Newly appointed Finance Minister Predee Daochai is set to meet with the ministry's officials this week to discuss the economy and upcoming remedy measures.
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FPO: Recovery trickles down to grassroots
Business, Wichit Chantanusornsiri, Published on 29/06/2018
» Real farm income surged to a 13-month high in May, suggesting the economic recovery is finally reaching farmers and low-income earners, says a senior official at the Fiscal Policy Office (FPO).
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Firm proposed to manage bad household debt
Wichit Chantanusornsiri, Published on 20/10/2023
» Deputy Finance Minister Krisada Chinavicharana has proposed a novel response to high levels of household debt: establishing an asset management company (AMC) for efficient management of bad debt.
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Warning over household debt surge
Business, Wichit Chantanusornsiri, Published on 29/08/2023
» The National Economic and Social Development Council (NESDC) warns that Thailand's household debt is continuing to increase, with close monitoring required for auto loans and debt from savings cooperatives, says secretary-general Danucha Pichayanan.
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Confidence slips amid household debt woes
Business, Wichit Chantanusornsiri, Published on 31/08/2023
» The consumer confidence index dropped to 55.6 in July from 56.7 the previous month as consumers were concerned about household debt, says Fiscal Policy Office director-general Pornchai Thiraveja.
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Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.
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Meeting set to address household debt issue
Business, Wichit Chantanusornsiri, Published on 17/06/2021
» The Finance Ministry, the Bank of Thailand and state-owned banks will hold a meeting soon to find ways to help ease the hardship caused by the pandemic among individual borrowers, said Deputy Finance Minister Santi Promphat.
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Warning over household debt surge
Business, Wichit Chantanusornsiri, Published on 23/05/2023
» The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.
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Minister considers cutting debt burden
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» One way to ease household debt would be to reduce the amount owed for those who are ready to solve their problems, says Deputy Finance Minister Krisada Chinavicharana.
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FPO on a mission to tackle high debt, limit borrowing
Business, Wichit Chantanusornsiri, Published on 25/05/2022
» The Fiscal Policy Office (FPO) plans to discourage financial institutions from enticing consumers to unnecessarily create more debt as part of its efforts to curb high household debt levels over the long term.
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