Financial problems
- Thailand News
Thailand construction contract mismanagement leads to big loss
Inefficient management of construction contracts in Thailand during the 2023 fiscal year led to financial losses exceeding 30 billion baht, according to a spokesperson from the State Audit Office (SAO). SAO spokesperson Sutthipong Boonnithi revealed that these figures emerged from the SAO’s annual audit, which examined over 14,148 projects and contracts across 9,426 public agencies nationwide. The audit identified budget…
- Thailand News
Man’s desperate plea for debt repayment of nearly 1 million baht
At the Mahachakrapad intersection in Chachoengsao yesterday, a man driven by desperation stood on a bridge with a sign pleading for the repayment of nearly one million baht, borrowed by a friend. This friend not only refuses to repay the debt but has also threatened legal action against him. The man displayed two handwritten signs addressed to the woman. “Dear…
- Retire in Thailand
Top 10 troubles you will find during retirement in Thailand
The transition into retirement can be an intricate process, particularly if contemplating spending your later years in Thailand. Crafting a thorough strategy for this subsequent stage of life is crucial to facilitate this changeover, and vigilance of potential hurdles is vital to preserve balance during these years. In the domain of financial investment, for example, one may encounter numerous difficulties.…
