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Government to Establish Asset Management Company to Address Rising Family Debt

Bangkok Post LogoBangkok Post1w ago

 Government to Establish Asset Management Company to Address Rising Family Debt - Bangkok Post

Quick Summary:

The government will set up an asset management firm in the first quarter of this year to help resolve the stubborn problem of high household debt, Prime Minister Srettha Thavisin said on Monday.

He gave no other details.

The new company would offer more relaxed rules in managing debt, according to another official.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-12 @ 12:44:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 227 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 20041614

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 1 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 20 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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The story " Government to Establish Asset Management Company to Address Rising Family Debt" has 227 words across 10 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story " Government to Establish Asset Management Company to Address Rising Family Debt" was covered 1 weeks ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 1 news stories per day.

It's most recent story was published 20 hours ago.

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  • News ID: #20041614
  • URL: https://beamstart.com/news/govt-plans-asset-management-firm-17077203478706

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