The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Thailand household financial conditions fragile, central bank chief says

google-preferred-sourceAdd BT as a preferred source
Published Fri, Sep 20, 2024 · 10:52 AM
    • Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia.
    • Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia. PHOTO: AFP

    THAILAND’S household financial conditions are fragile amid high debt levels, the central bank chief said on Friday.

    Investment has also been low, Bank of Thailand Governor Sethaput Suthiwartnarueput told a symposium.

    Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Thailand

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee.

    Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now

    A residence in Vicolo delle Orsoline, Rome, Italy.

    How the ultra-rich buy property

    Third-gen owner Edmond Wong is not concerned about “vanity” metrics, and instead aims to “sustain a good business”.

    Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage

    Jardine Matheson's restaurant unit has reportedly been seeking to sell its KFC and Pizza Hut chains in Asian markets.

    Jardines has survived wars and market collapses. Can it survive the digital age?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More