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The Asian Affairs > Latest News > Expanding

Tag Archives: Expanding

Mr. Sethaput Suthiwatnaruputh
Thailand

An Expanding Debt: Falling Profits Hits the Ability to Repay

By Burapha
October 23, 2020
in :  Thailand

The Bank of Thailand leader, a growing under-employment rate led by the Covid-19 crisis would further aggravate the country’s swelling household debt and the debt-servicing woes of borrowers. Although the coronavirus outbreak has not significantly impacted the unemployment rate, the pandemic has caused an increase in underemployment due to a decrease in working hours, said Governor Sethaput Suthiwartnarueput, due to …

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