Banking
Thailand’s household debt soars to 90.7% of the country’s GDP
About 30% of individuals with credit card and personal loan debt have more than 4 cards or accounts and a...
Foreign Firms Selling Baht-Denominated Bonds to face stricter rules
Key points of the proposed changes include requiring the foreign issuer to obtain an investment-grade rating from an international credit...
SCB EIC forecasts that BoT will keep the policy rate unchanged at 2.5% throughout the upcoming year
It is expected that growth will be more balanced in 2024 and 2025, supported by domestic demand, the tourism sector,...
Thailand and Hong Kong Launch PromptPay x FPS Link cross-border QR payment
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) announced the launch of the FPS x PromptPay Link for cross-border QR...
S&P keeps Thailand’s credit rating at BBB+ with a stable outlook
The ratings reflect the country's strong external balance sheet, moderate government debt, and conventional fiscal and monetary policies.
Over 37,000 Seek Help in Informal Debt Settlement Program
37,579 debtors apply for help for Bt1.5 billion in debt, top provinces include Bangkok and Songkhla.
Thailand and Hong Kong start cross-border QR payment linkage
Thailand and Hong Kong have established a cross-border QR payment link, enhancing financial connectivity between the two regions.
Thai economy continued to recover in October 2023 (BoT)
Private consumption in Thailand remained strong, supported by improved employment and consumer confidence, except for spending in services, which was...
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