“The Ministry of Finance and the Bank of Thailand should collaborate with major credit card companies to rejoin the programme, as it would benefit both customers and companies in the long run,” said Phichai.

For real estate debt, the Government Housing Bank (GH Bank), which accounts for 34% of total housing loans, has offered debt restructuring for 80,000 households struggling with repayment. This includes extending repayment periods up to 80-85 years to reduce monthly payments, with…