Tags : Money

News

COVID-19 Forces Government to Borrow 500 Billion Baht

BANGKOK, June 10 (TNA) – Prime Minister Prayut Chan-o-cha told the parliament that the government had to borrow 500 billion baht to cope with the COVID-19 outbreak and stimulate the economy. He also promised to spend the borrowings carefully and acquire enough COVID-19 vaccines. Gen Prayut who is also the defence minister responded to the […]Read More

News

Household debt in Thailand highest in 12 years

COVID-19 can be blamed for pushing Thai household debt to its highest level in 12 years, around 480,000 baht per household, said The University of the Thai Chamber of Commerce (UTCC). The rector of UTCC, Thanawat Polwichai (ธนวรรธน์ พลวิชัย), said that the data collected from over 1,000 participants shows that the household debt in 2020 […]Read More

News

Dr. Somkid insists Thai economy remains good but growing slowly

The Thai economy is not bad, just slowing down, said Deputy Prime Minister Somkid Jatusripitak today as he urged the private sector to join hands to drive the economy. Addressing a seminar for representatives of chambers of commerce from across the country, at Ratchabhat University in the northern province of Lampang today (Sunday), the deputy […]Read More

News

Flood donations abused, Bin admits

Actor and volunteer rescue worker Bin Bunluerit must ensure that flood relief cash donations he received from the public are not abused, Deputy Prime Minister Prawit Wongsuwon said on Monday. Gen Prawit was responding to social media complaints that some community leaders were taking a cut from recipients eligible for relief funds raised by Bin. […]Read More

News

Inflation in steady rise for 15 consecutive months

Inflation has continued to rise 15 months in a row to an average of 1.14 per cent for the first nine months of this year, said Ms Pimchanok Wornkhorporn, director of Trade Policy and Strategy Office of the Commerce Ministry. The inflation rate for September represented an increase of 0.29 percent compared to the same […]Read More