Former minister questions export growth data as Bank of Thailand plans to rein in consumer loans
Thai Examiner - Thailand's news for foreigners by Thai Examiner
Episode notes
Plans announced by the Bank of Thailand to issue guidance to financial institutions in the opening quarter of 2023 on reining in excessive consumer lending for foreign holidays and expensive smartphones to tackle Thailand’s ฿15 trillion in household debt, 35% of which is credit card borrowing.
Joseph O' Connor reports from Bangkok.
Keywords
former minister queries export growth dataformer minister queries recent thai economic data as nesdc danucha pichayanan described the prospects for next year as quite worrisome