"saving"

Thailand's saving market is projected to grow at an exponential rate as middle-income people and the younger generation seek to increase their wealth through investment, a leading asset manager said on Monday.

Chiang Mai has saved about 1 million cubic metres of water per year since Songkran splashing bans were imposed in 2020, irrigation officials say.

Household debts in Thailand will likely rise as Thais generally start their savings plans too late, the National Economic and Social Development Council (NESDC) said on Monday.

More than 41 per cent of Thais have no savings and are living pay cheque to pay cheque, a new poll shows.

The Deposit Protection Agency (DPA) said that due to the Covid-19 crisis, more and more people are turning their assets into cash and depositing this money in banks.

A TMB study says that eight million Thai workers are at risk of economic difficulty as their savings can sustain them for only 30 days. TMB Analytics Centre executive director Naris Sathapholdecha said that 34 per cent of Thais have sufficient savings or can last for more than six months without work, 45 per cent can manage for 2-3 months while 20 per cent have savings to sustain them for less than one month.

His Majesty the King on Tuesday sent a royal compliment to the widow of an Army trainer who was killed in Prachuap Khiri Khan last week when trying to save a conscript during a grenade-throwing training session.

Students of Chitralada School’s vocational stream in Bangkok’s Sanam Suea Pa area shyly giggle as they participate on Wednesday in a demonstration by Public Health Ministry officials.

The Government Savings Bank is encouraging people to save by holding “Saving Day” on Wednesday, when customers who deposit Bt500 per account will get a piggy bank at any of its branches around the country.

As part of Children’s Day celebrations on Saturday, January 13, Government Savings Bank is giving away piggy bank to its customers.

Songkhla’s Singha Nakhon Police Station deputy inspector Pol Captain Somporn Meeleunloy was honoured on Monday with an award for his heroic action in saving a five-year-old girl from drowning at the Singh Nakhon ferry pier on January 4.