Showing 1-10 of 34 results
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NESDC sees personal loans soar
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» Personal loans have surged due to a shortage of personal liquidity while credit quality has diminished, according to the latest report by the National Economic and Social Development Council (NESDC).
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NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
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NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.
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Bank of Thailand predicts 2024 growth of 4.4%
Business, Wichit Chantanusornsiri, Published on 12/10/2023
» The Bank of Thailand has maintained its GDP growth forecast for next year at 4.4%, inclusive of the government's economic stimulus measures, says assistant governor Piti Disyatat.
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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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NESDC downgrades Thai growth for 2023
Business, Wichit Chantanusornsiri, Published on 22/08/2023
» The National Economic and Social Development Council (NESDC) has revised its forecast for this year’s economic growth to 2.5-3%, down from the previous forecast of 2.7-3.7% due to the impact of the global economic slowdown, says secretary-general Danucha Pichayanan.
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Social Security Fund dips by B17.6bn
Business, Wichit Chantanusornsiri, Published on 11/07/2023
» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.
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BoT cracks down on lending
Business, Wichit Chantanusornsiri, Published on 20/06/2023
» The Bank of Thailand plans to implement new lending guidelines to prevent over-indebtedness of household borrowers, says Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial consumer protection group.
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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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Unemployment lowest since start of outbreak
Business, Wichit Chantanusornsiri, Published on 27/08/2022
» Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC).
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