Buy-now-pay-later for $3 bubble tea highlights Thai debt risk
Central bank plans tighter rules after instalment financing for everyday purchases fuels concern over already high household debt.
Auto Added by WPeMatico
Central bank plans tighter rules after instalment financing for everyday purchases fuels concern over already high household debt.
An Asian country is cutting back visa-free access for tourists from 93 countries, including South Africa, as authorities crack down on foreign nationals accused of poor behaviour.
Thailand is widely expected to cut rates as political turmoil and flooding weigh on growth, while Indonesia faces a tougher call amid currency pressure and post-cyclone recovery.