Tag: Money
2022 Thai GDP growth expected at 3%: SCB
BANGKOK (NNT) – Siam Commercial Bank’s Economic Intelligence Center has readjusted up its projection for Thailand’s GDP growth at 3% this year and 3.7% next [Read More…]
Cabinet Approves Minimum Wage Hike to Take Effect on October 1
BANGKOK, Sept 13 (TNA) – The cabinet approved an increase in minimum wages from Oct 1 onwards. Deputy Prime Minister Prawit Wongsuwon said the approval [Read More…]
Banks in Thailand
The banks in Thailand, open an account and withdrawals Thailand has 35 licensed Banks with combined total asset of US$ 315 billion and 17 Local [Read More…]
Thailand to offer land ownership to attract wealthy foreigners
Thailand will allow foreigners to own land for residential use, a government official said Friday, as it seeks to boost its economy by attracting new [Read More…]
Deputy Prime Minister of Thailand Anutin Charnvirakul wants more premium tourists
![Gulfstream private jet](https://www.thailandnews.co/wp-content/uploads/Gulfstream-aircraft-private-jet.jpg)
Private hotels and hospitals in Thailand should not offer big discounts to attract tourists but should instead raise the country’s value as a “premium” travel [Read More…]
Thai Baht’s current slide is a grim reminder of its crash 25 years ago
On July 1, at some point during the day, the baht fell to 35.66 to the dollar, its weakest in five years. It closed at [Read More…]
Baht Depreciation Could Have Widespread Implications
BANGKOK (NNT) – The central bank has indicated that the baht’s depreciation could impact manufacturing, commodity prices and inflation. Sakkapop Panyanukul, senior director of the [Read More…]
Thailand’s household debt forecast to jump to 95% of GDP this year
![View of Sukhumvit, seen towards west - Bangkok. Sukhumvit Road is in the right margin of the image](https://www.thailandnews.co/wp-content/uploads/Sukhumvit-Bangkok.jpg)
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 [Read More…]