Showing 1 - 6 of 6
Govt mulls buying underperforming NPLs
News, Somruedi Banchongduang, Published on 24/03/2025
» The government has announced plans to purchase non-performing loans (NPLs) with outstanding balances below 100,000 baht to alleviate financial burdens on small-scale debtors.
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
Govt moves to ease debt burden
News, Wichit Chantanusornsiri, Published on 21/11/2024
» The Finance Ministry has unveiled details regarding the government's plan to suspend interest payments for three groups of debtors as part of measures to ease household debt.
Thaksin's 'vision' might be outdated
News, Chartchai Parasuk, Published on 05/09/2024
» This article is not meant to diminish the brilliance of the spiritual leader of the Pheu Thai Party, former prime minister Thaksin Shinawatra. It is to demonstrate that, despite his immense knowledge and vast experience, Thailand's current economic problems are caused by structural deficiencies and cannot be resolved by traditional stimulus measures. One needs a good understanding of economic principles to approach the problems correctly.
Thai economy unlikely to bounce back
News, Chartchai Parasuk, Published on 18/03/2021
» The world is having great economic news. All international economic agencies have upgraded world economic forecasts for 2021. The latest one is the OECD (Organization for Economic Cooperation and Development) who raises global economic growth forecast from 4.2% (December 2020's forecast) to 5.6% (March 2021's forecast). A higher growth prospect is the result of a fast roll-out of Covid-19 vaccination; super-large US economic stimulus package; and accelerated growth of the Chinese economy. The OECD projected that the US economy would grow by 6.5% while the Chinese economy would expand by 7.8% this year. These two giant economies account for 41% of the world economy. Therefore, high growth from these two countries is likely to induce high economic growth in other economies as well.
Thaksin case set to expire
News, Aekarach Sattaburuth, Published on 26/09/2018
» Fugitive former prime minister Thaksin Shinawatra will no longer have to serve the two-year jail sentence handed down 10 years ago in the Ratchadaphisek land case once the statute of limitations expires on Oct 21, Deputy Prime Minister Wissanu Krea-ngam said yesterday.