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BUSINESS

Thai bad debt soars to all-time high of B1.23 trillion

Somruedi Banchongduang, Published on 21/03/2025

» Bad household debt in Thailand has risen by 25% since the end of 2022, reaching a record-high 1.23 trillion baht as of January this year, according to the National Credit Bureau (NCB).

BUSINESS

Prabowo faces investor revolt over Indonesia’s economic path

Bloomberg, Published on 21/03/2025

» For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.

BUSINESS

Thailand offers guarantee for pickup truck loans

Reuters, Published on 21/03/2025

» The government is offering a guarantee for loans for pickup trucks, a key segment of its car manufacturing industry, as it seeks to boost a flagging autos sector that saw production slump to a four-year low last year.

BUSINESS

Thai February exports jump 14%, beating forecast

Reuters, Published on 21/03/2025

» Thailand's exports rose for an eighth consecutive month in February and more than expected, the Commerce Ministry said on Friday, although uncertainty over US trade policy is clouding the outlook for the remainder of the year.

BUSINESS

TMBThanachart dismisses Krungthai merger rumour

Somruedi Banchongduang, Published on 21/03/2025

» TMBThanachart Bank (ttb) has denied rumours of a merger with Krungthai Bank (KTB) following reports in local media about a potential merger.

BUSINESS

Indonesia poised to export durians to China, threatening Thai dominance

South China Morning Post, Published on 21/03/2025

» HONG KONG — Indonesia is expanding cultivation and completing legal procedures in preparation to begin exporting durians to China, offering consumers a new - and possibly cheaper - alternative to fruit from Thailand and Vietnam.

BUSINESS

Thailand may yet embark on region’s most aggressive rate cuts

Bloomberg, Published on 21/03/2025

» The Bank of Thailand, which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle as a sluggish economy takes a turn for the worse, according to analysts.

BUSINESS

AI skills deemed vital for workers, students

Business, Suchit Leesa-nguansuk, Published on 21/03/2025

» Instead of fearing being replaced by artificial intelligence (AI), Thai workers and students should focus on acquiring skills for emerging job opportunities in the AI, cloud computing and cybersecurity sectors, according to tech executives.

BUSINESS

CPN to invest B120bn in new malls, projects

Business, Kuakul Mornkum, Published on 21/03/2025

» Central Pattana Plc (CPN) is allocating 120 billion baht for a five-year investment strategy that includes the launch of new malls in Bangkok, Nonthaburi and Khon Kaen.

BUSINESS

Durian exports set to increase and avoid dye contamination

Business, Phusadee Arunmas, Published on 21/03/2025

» Durian exports are expected to operate smoothly this year, with no concerns about basic yellow 2 (BY2) dye contamination, says Commerce Minister Pichai Naripthaphan.