Showing 1 - 10 of 10
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.
Will Thailand's economy cheat death?
News, Chartchai Parasuk, Published on 23/01/2025
» 'He and the other survivors have briefly cheated death, but will not be able to evade their fate for very long." A movie buff will know this comes from Final Destination and the "he" in the quote refers to Alex Browing, the movie's main character.
Data paints economy as 'black hole'
News, Chartchai Parasuk, Published on 12/12/2024
» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?
Banks that don't want money bode ill
News, Chartchai Parasuk, Published on 11/07/2024
» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.
Cabinet nod to help farmers
News, Phusadee Arunmas & Wichit Chantanusornsiri, Published on 27/09/2023
» The cabinet on Tuesday approved a three-year debt moratorium for farmers, which will cost the government about 30 billion baht.
Failed US banks 'pose few risks'
News, Bangkok Post and Bloomberg, Published on 14/03/2023
» Prime Minister Prayut Chan-o-cha has ordered all relevant officials to keep an eye on the impact of the collapse of Silvergate Bank and Silicon Valley Bank (SVB) in the United States on Thailand's financial system.
Thai economic contraction beckons
News, Chartchai Parasuk, Published on 25/08/2022
» Why does the Thai economy risk facing an economic contraction in the second half of this year? The answer is simple.
Debt event offers relief for those hit by Covid-19
News, Post Reporters, Published on 14/02/2021
» The government has rolled out a debt mediation programme for debtors having problems repaying debts in light of Covid-19.
China's bank lending gets a digital revolution
News, Huang Yiping, Published on 20/02/2020
» China's economy is growing at its lowest rate in over 30 years, but if the country's nearly 40 million small and medium-size enterprises (SMEs) could overcome a lack of access to funding, they could become a powerful engine of economic dynamism. Can digital innovators close the SME financing gap?
Is an emerging-market crisis near?
News, Satyajit Das, Published on 05/09/2018
» Emerging-market stresses have been building since at least 2013. Investors may have forgotten the effect of the "taper tantrum" on the so-called Fragile Five -- Brazil, India, Indonesia, Turkey and South Africa -- a term coined by Morgan Stanley to describe their vulnerability to capital outflows. Monetary accommodation, lower current-account deficits and growth disguised the underlying challenges, attracting more capital to those markets.