Tag: household
Thai household debt likely to climb further
(Bloomberg News) – Thailand’s household debt, already among the highest in emerging Asia, is expected to rise further as a fresh Covid19 outbreak curbs incomes, weighing on consumer spending and heightening financial-stability risks. Household debt stood at 13.8 trillion baht, or 87% of gross domestic product, at the end of September 2020, up from 79% a …
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Thai household debt sinks to new low
(Bloomberg News) Thailand’s household debt, already among the highest in emerging Asia, is expected to rise further as a fresh Covid19 outbreak curbs incomes, weighing on consumer spending and heightening financial-stability risks. Household debt stood at 13.8 trillion baht, or 87% of gross domestic product, at the …