Chiangraitimes

Social Media and ‘Finfluencers’ is Trapping Thailand’s Gen Z in a 16.44 Trillion Baht Hole

BANGKOK – Thailand is facing a growing financial storm. For years, economists have warned about the heavy debt weighing on Thai families. Now, the numbers have reached a critical point. According to recent data, the country’s household debt has ballooned to a staggering 16.44 trillion baht. This figure represents 86.7% of Thailand’s gross domestic product […]

The post Social Media and ‘Finfluencers’ is Trapping Thailand’s Gen Z in a 16.44 Trillion Baht Hole first appeared on Chiang Rai Times.

The Great Cash Swap: Thailand’s Radical Shift to Digital Payments

BANGKOK– How a mobile-first revolution and government-backed infrastructure have turned Thailand into one of Southeast Asia’s leading cashless economies—and what comes next for everyday shoppers and businesses. If you want to understand how money moves in modern Thailand, you do not need to visit a bank branch in Bangkok’s financial district. Instead, take a walk down […]

The post The Great Cash Swap: Thailand’s Radical Shift to Digital Payments first appeared on Chiang Rai Times.

Thailand’s Gig Workers Finally Get Banked Thanks to Digital Banking

BANGKOK – Imagine this: You work for hours a day navigating the chaotic, bustling streets of Thailand. You deliver food, shuttle passengers, and occasionally take on freelance graphic design gigs in the evenings. You make a solid, livable income. Yet, when you walk into a traditional brick-and-mortar bank to apply for a modest loan to […]

The post Thailand’s Gig Workers Finally Get Banked Thanks to Digital Banking first appeared on Chiang Rai Times.

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