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Thailand: Credit inquiries climbing as household debt swells

Credit inquiries at the National Credit Bureau (NCB) are expected to hit another record high this year amid mounting anxiety over swelling household debt.  The number of credit inquiries for existing borrowers is estimated to reach 60 million this year after 12.6 million were made during the first three months, said NCB chief executive Surapol Opasatien.  […]

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Thailand to unveil Asean tourism push

Thailand is set to release comprehensive gastronomy guidelines for the Asean region by the end of this year to facilitate the recovery of tourism figures, after the industry has been hurt by a string of challenges, including dangerous air pollution in the North, the global economic slowdown and the strengthening of the baht. As this […]

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Thailand: Decision soon on PPP duty-free issue

A legal subcommittee under the Public-Private Partnership (PPP) committee is expected to decide whether the bidding process for the duty-free shop concession falls under the newly amended PPP Act by the end of this month.  If the subcommittee finds that duty-free shop bidding must be done under the act, the terms of reference must comply with […]

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Seek new markets, Thai exporters told

AS THE ongoing US-China trade war continues to dampen Thailand’s exports, representatives from both the public and private sectors suggest that Thai exporters should look to new markets and find opportunities to replace Chinese goods in the US market to boost their shipments abroad. Representatives from the private sector urged Thai exporters to focus on […]

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Thailand: Govt approves new bus fare increase

The Transport Ministry has given the green light to increasing the price of bus fares in the capital, starting from April 22.  The fare for Bangkok Mass Transit Authority (BMTA) red-cream ordinary buses will increase from 6.5 baht to 7.5 baht a trip, according to Transport Minister Arkhom Termpittayapaisith.  Passengers on the non-air conditioned buses […]

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