Bangkok Business News: SCB Moves to Restructure Retail Operations Siam Commercial Bank (SCB) has begun a significant restructuring of its retail banking operations as household and personal debt levels in …
Bangkok Business News
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Thai Public Debt Threatens Credit Rating Warns TDRI
by Chris Chenby Chris ChenBangkok Business News: Debt Climb Raises Alarms in Bangkok Thailand’s public debt has surged over recent years, prompting the Thailand Development Research Institute (TDRI) to warn the government that it …
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Thai Banking Freeze Sparks SME, Micro-Business and Worker Chaos
by James Joshby James JoshBangkok Business News: Crackdown Turns into Economic Disruption In a sweeping crackdown intended to dismantle scam networks, the Bank of Thailand (BOT) has frozen millions of bank accounts nationwide in …
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Bangkok Business News: VAT Rate Frozen for Another Year to Soft‐Peddle Economic Shock Thailand’s caretaker Cabinet has officially ruled to extend the current 7 per cent value‐added tax (VAT) rate …
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Thailand’s Debt Trap Threatens Growth Spiral
by James Joshby James JoshBangkok Business News: Thailand’s Debt Builds a “Diabolic Loop” Thailand’s economy is caught in a perilous cycle of mounting debt across households, businesses, and the state, the National Economic and …
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Strong Baht Deals Blow to Thai Exports and Tourism Earnings
by Chris Chenby Chris ChenBangkok Business News: Baht at Four-Year Peak Fanning Concerns Over Growth On September 9, the Thai baht surged to its strongest level in over four years, touching THB 31.58 per …
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Thailand Moves to Rein in Baht Surge Amid Economic Pressures
by Chris Chenby Chris ChenBangkok Business News: Baht Hits a Four-Year High The Bank of Thailand (BOT) has stepped forward with strong assurances to curb volatility in the local currency after the baht surged …
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Illegal Crypto Exchanges Thriving Across Thailand
by James Joshby James JoshBangkok Business News: Hidden Networks Behind Prestigious Families Illegal cryptocurrency exchanges are spreading rapidly across Thailand, creating a shadow economy worth billions. Many of these networks are not fringe operations …
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Bangkok Business News: Rising Health Awareness Fuels Expansion The global fitness industry is entering a new era of growth, driven by rising health awareness and changing lifestyle choices. Across Thailand …
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Surge in Chinese Goods Flooding Thailand Raises Alert
by James Joshby James JoshBangkok Business News: Thailand is witnessing a dramatic surge in imports from China, prompting urgent scrutiny from the Ministry of Commerce. A recent study by the Trade Policy and Strategy …