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Thailand economic growth
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Thailand launches first phase of $14B digital wallet handout scheme
The Thai government on Sept. 25 kicked off the first phase of a US$14 billion digital wallet handout scheme that aims to stimulate the economy.
Bad debts in housing hinder Thailand's economic growth
Thailand’s economic cabinet has directed the Finance Ministry and the Bank of Thailand (BoT) to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.
Vietnam one of six ASEAN countries with good economic growth: Maybank
Vietnam and five other ASEAN countries will see their GDP growths recover from 4% in 2023 to 4.5% in 2024 and 4.7% in 2025, Malaysian lender Maybank forecast.
June 10, 2024 | 09:53 pm PT