Thai Baht coins

Major Banker Says Most Thais Have Financial Concerns

On September 25th, 2023, Mr. Yuthchai Tayaratchakul, Executive Vice President of United Overseas Bank (UOB), gave a statement on a recent report on the ASEAN Consumer Sentiment Study (ACSS). The report presented a significant insight into citizens and business sectors in current economic circumstances from 5 countries in ASEAN: Singapore, Malaysia, Indonesia, Vietnam, and Thailand.

Chula Emphasizes on the Effort to Drive the Thai Economy with Thai Soft Power

The top three financial concerns of the respondents are rising inflation, household expenses, and shrinking savings, respectively. Given these concerns, Thais tend to focus more on prudent spending. They are also gravitating towards investing via digital banking platforms, the study showed.

Full story:

By Goongnang Suksawat

Facebook Notice for EU! You need to login to view and post FB Comments!

The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.

Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.

You May Also Like

More From Author

+ There are no comments

Add yours