Bloomberg

Thailand’s central bank announced a slew of relief measures for borrowers struggling to repay home loans and credit card dues, stepping up efforts to tackle the highest household indebtedness in Southeast Asia.The minimum repayment rate of 8% for credit-card users, which the central bank earlier ...

Thailand will tighten loopholes in its tax rules on overseas income, as the new government seeks to lower income inequality as well as raise revenue to pay for measures to stimulate the Southeast Asian economy.The finance ministry last week issued the stricter rule on overseas ...

Rising household debt is a “time bomb” awaiting Thailand’s new government, and the problem will likely be more apparent when the ongoing economic recovery loses momentum, an official said.“It’s like a ticking time bomb that can explode later,” Danucha Pichayanan, secretary-general of the National Economic ...

More than two million Thais who registered for early voting began casting their ballots Sunday ahead of next week’s general election, with opposition parties projected to win a majority. The vote is taking place amid an intensifying struggle for power in Thailand. The May 14 election ...

Thailand urged leaders of Myanmar and Laos to take urgent steps to tackle hotspots that’s worsened air pollution in some of the Southeast Asian nation’s popular tourist destinations. Thai premier Prayuth Chan-Ocha held a virtual meeting with Laos Prime Minister Sonexay Siphandone and Myanmar junta leader ...

Thailand expects foreign and local companies to pump in about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.The fresh investments may generate 625,000 new jobs and add 1.7 trillion ...

Thailand’s core inflation surged to the highest since 2008 on higher energy and food costs, piling pressure on the nation’s central bank to start raising interest rates.Core price gains, which strips out volatile food and fuel items, was 3% in July, quickening from 2.51% a ...

Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival.Gross domestic product is expected to grow 1.8% this year, ...

Thailand banned gatherings nationwide and may implement further restrictions as the country saw daily coronavirus cases and deaths surge to fresh records.The Southeast Asian nation reported 10,082 new infections on Saturday, exceeding 10,000 for the first time, despite the imposition of lockdown-like restrictions since Monday. ...

Thailand’s vaccine rollout is trailing its target as a jab shortage and moves to prioritize workers to shield the economy trigger chaos and mass cancellation of appointments.The Bangkok Metropolitan Administration and dozens of hospitals across the country have postponed some of the scheduled vaccinations for ...