#nesdc — Public Fediverse posts

#Thai #government planning unit sounds alarm
"secretary-general of #NESDC noted tt some lending applications now allow #borrowers to pay in instalments for restaurant meals or even fuel. In reality, such expenses shld be paid in full, not in instalments, he said.. govt must step in & find ways to address tis.. #Survey #data also revealed.. Between 2022 & 2024, #permanent #parttime #positions grew fr 6% to 42%, while contractual/temporary part-time #jobs rose fr 4% to 28%"
https://www.bangkokpost.com/business/general/3092817/thai-govt-planning-unit-sounds-alarm-on-buy-now-pay-later-trend

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
https://www.bangkokpost.com/business/general/3045872/call-for-measures-to-halt-surge-in-bad-debt

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
https://www.bangkokpost.com/business/general/3045872/call-for-measures-to-halt-surge-in-bad-debt

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
https://www.bangkokpost.com/business/general/3045872/call-for-measures-to-halt-surge-in-bad-debt

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
https://www.bangkokpost.com/business/general/3045872/call-for-measures-to-halt-surge-in-bad-debt