Household debt in Thailand highest in 12 years

23 Sept 03:38 Key points summarised by AI

Thai household debt reached a 12-year peak in 2020, averaging 483,950 baht per household, primarily due to the economic crisis caused by COVID-19, leading to higher living costs and income loss.
Over 70% of this debt is new, and many households anticipate missing repayments, prompting experts to recommend government stimulus measures and support for the self-employed to mitigate the crisis.

Flooding persists in Bangkok and 22 provinces

Yesterday 16:00 Key points summarised by AI

Persistent flooding continues across Bangkok and 22 Thai provinces, though water levels are gradually receding in many affected areas.
Over 604,000 families, impacting approximately 1.83 million people, are still grappling with the widespread flood conditions.
The national flood death toll has reached 80 since mid-September, with fatalities reported across various provinces.
Major regions like Pathum Thani, Ayutthaya, and Bangkok report significant numbers of affected households, with hundreds of thousands still in trouble.