debt
- Transport News
Executives at Thai Airways asked to take pay cut
PHOTO: Thai Airways and Thai PBS World “An unnamed source in the Transport Ministry says the airline’s financial predicament is very serious and puts it at risk of bankruptcy.” The country’s national flag carrier, Thai Airways, could be in deep financial trouble and may need to delay repaying its debt or seek new loans. Thai PBS World reports tat the…
- Politics News
Government unveils 12 policies – BKK street food return and a higher minimum wage
One of the new parliament’s first debates, when it sits on July 25 and 26, is over a formal policy listing 12 living standard priorities. The list laid out in a briefing paper lists surprisingly progressive policies for the new coalition. The government says it wants to reduce obstacles blocking people from earning a decent living and would utilise digital…
- Bangkok News
Three-quarters of Bangkokians in debt
An estimated 77.5 per cent of Bangkokians are in debt and 53 per cent admit to have fallen behind in repayments. This, from a survey by Bansomdej Poll in collaboration with the Foundation for Consumers (FFC)’s Chaladsue (Smart Buyer) magazine. The poll of 1,171 people conducted between August 24-28 this year found that out of the indebted respondents (most of…
- Thailand News
Thailand’s household debt
Thailand’s household debt has been on the rise over the past decade, up from an average of 116,681 baht in 2007 to 178,994 baht in 2017, but should be measured with commensurate growth in wages, inflation and the country’s GDP. The figures show that Thailand’s debt for farming is around 16% of the total debt bill. 36% is spent on…
