Thailand: Workers’ debt at 14-year high amid price rises, slow growth: survey

Thai workers’ debt levels have hit a 14-year high amid sluggish economic recovery and rising living costs driven by soaring fuel prices, a university survey showed on Thursday. The average debt of each worker’s household stood at 217,000 baht this year, up 6% from last year, restraining much-needed domestic spending, Thanavath Phonvichai, president of the […]

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