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Thailand’s household debt in Q1 at 90.5% of GDP and increasing – BoT

Thailand’s household debt, for the first quarter of this year, soared to 14.1 trillion baht, accounting for 90.5% of gross domestic product (GDP), and is increasing due to a fall…

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Banks told by central bank to extend debt repayment for SMEs until year end

The Bank of Thailand has instructed commercial banks to extend, until the end of the year, debt repayment periods for small and medium-sized enterprises, to help them cope with the…

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Chatu Mongol…for real or just seat warmer?

It may have surprised many when M.R. Chatu Mongol Sonakul, a former governor of the Bank of Thailand, was picked as the leader of the Action Coalition for Thailand Party (ACT), a…

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