Chiangraitimes

Thailand’s Household Debt is Near a Record Levels: Here is How People are Trying to Earn their Way Out

BANGKOK – With household debt at 86.7% of GDP and a growing share of it spent on day-to-day living, millions of Thais are building a second income through online selling, delivery work, and live commerce. Government relief is easing the debt. The harder question is income. Thai households owe more than they have in years. […]

The post Thailand’s Household Debt is Near a Record Levels: Here is How People are Trying to Earn their Way Out first appeared on Chiang Rai Times.

Industrial Blazes in China Spark Fears of Economic Unrest and Information Blackouts

BEIJING — A series of massive industrial explosions and factory fires has shaken multiple provinces across China this month. The rapid succession of these blazes has triggered widespread public anxiety over a perceived collapse in basic public safety. On June 3, three consecutive explosions tore through a chemical plant in the Wuzhong District of Suzhou. […]

The post Industrial Blazes in China Spark Fears of Economic Unrest and Information Blackouts first appeared on Chiang Rai Times.

Thailand’s Household Debt Surges Past 62% as the Cost of Living Soars

BANGKOK – In early 2026, Thailand is facing a quiet but devastating economic crisis. A startling nationwide survey reveals that 62.44% of Thai citizens are now struggling with household debt, marking a massive jump from just 50.99% a year ago. The Trade Policy and Strategy Office released these alarming figures in February, painting a clear picture […]

The post Thailand’s Household Debt Surges Past 62% as the Cost of Living Soars first appeared on Chiang Rai Times.

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