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Brisk business for Thai moneylenders amid high household debt

Wednesday, July 2, 2014 - 06:00

[BANGKOK] "Business is great," said Aoy, a moneylender who charges a whopping 10 per cent monthly interest but finds plenty of takers in Thailand, where a huge pile of household debt is complicating the military government's efforts to revive a sluggish economy. Thai households are among the