Thailand's swelling household debt must be monitored, as consumer leverage could be at the root of a downturn in next year's economic growth, warns Singapore's United Overseas Bank (UOB).
"Consumer leverage is building up in Thailand in housing, car loans and personal credit cards, and if we're not careful, the
Consumer leverage could be at the root of a downturn in next year’s economic growth, warns Mr Koh. PATTANAPONG HIRUNARD
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