Prime Minister Srettha Thavisin has reiterated the government’s determination to resolve formal and informal debt problems within the 4-year term of his administration. He said that the progress in tackling…
Read MorePrime Minister Srettha Thavisin has reiterated the government’s determination to resolve formal and informal debt problems within the 4-year term of his administration. He said that the progress in tackling…
Read MoreThe Thai government is expected to announce new measures today to solve the debt problems of Thai people, after it was revealed that, by the end of last year, household…
Read MoreThailand’s household debt is expected to soar to 16.9 trillion baht, or 91.4% of GDP, by the end of this year, with the value of non-performing loans (NPLs) in the…
Read MoreThe Bangkok Metropolitan Administration’s (BMA) debt to Bangkok Mass Transit System Company (BTSC), for the engineering and maintenance (E&M) and operating and maintenance (O&M) costs for the first and second…
Read MoreThe Cabinet has agreed to provide a 12-month debt moratorium, from October 1, to 2.698 million farmers who owe a maximum of Bt300,000 across all their loan contracts with the…
Read MoreFitch credit rating agency has affirmed Thailand’s long-germ foreign-currency issuer default rating (IDR) at BBB+, with a stable outlook. Fitch warns, however, that lingering political uncertainty may weigh on Thailand’s…
Read MoreAs the general election approaches, rival political parties have unveiled their policy pledges designed to lure voters. Parties usually make promises that could make an immediate impact, without taking into…
Read MoreMore than 62,000 people have applied to restructure their debts since September 26th, at the Online Debt Restructuring Fair, organised by the Bank of Thailand. Suwannee Jatsadasak, senior director of…
Read MoreOver 900,000 teachers, or 80% of all teachers in Thailand, owe a combined total of about 1.4 trillion baht, with teacher savings cooperatives being the biggest creditors, accounting for 890…
Read MoreThailand’s Central Administrative Court issued a ruling today (Wednesday), ordering the Bangkok Metropolitan Administration (BMA) and its investment arm, Krungthep Thanakom Company, to pay Bangkok Mass Transit System Public Company…
Read MoreAbout six million former and current students who borrowed from the Student Loan Fund will pay less interest and lower fines for default and will be allowed to extend the…
Read MoreThe Ministry of Education has been working with teacher’s savings cooperatives and other officials across the country to resolve hefty debts, totalling about 1.4 trillion baht, incurred by about 900,000…
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