In this photo taken on January 16, 2022, people eat at roadside food stalls in the Chinatown area of Bangkok. (Photo by Lillian SUWANRUMPHA / AFP)

Thailand’s household debt forecast to jump to 95% of GDP this year

The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt may reach 95% of the…

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Spending during Songkran this year projected to be lowest in ten years

Spending by the public during the long Songkran holiday next week is projected to be the lowest in a decade, because consumers are tending to be more careful due to…

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E-commerce, healthcare and beauty services most promising sectors in 2022

Health care, beauty services and E-commerce have been identified as three top-performing businesses for the coming year, as they were this year, in wake of the COVID-19 pandemic, according to…

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Photo by Mladen ANTONOV / AFP

COVID-19 causes about one trillion baht in damage to Thai economy

The overall damage Thailand’s national economy, caused by the COVID-19 pandemic, is currently estimated at about one trillion baht, while business confidence for the first quarter of this year has…

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