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He said actual property developers had to be innovative in creating attractive projects at inexpensive costs. “Over-borrowing by households, particularly for non-investment purposes, has led to high ranges of debt. It means folks of all ages throughout Thai society are chopping back on discretionary shopping for and delaying major purchases, whereas credit card debt is a “key monetary hurdle†for 23 per cent of Thais, according to Mintel analysis. “A reduction in rates of interest might help to alleviate some of these pressures by making borrowing cheaper and potentially boosting client spending,†…
