UAE Bank executive speaks on ASEAN report

UAE Bank executive speaks on ASEAN report

On September 25th, 2023, Mr. Yuthchai Tayaratchakul, United Overseas Bank's executive vice president, gave a statement on a recent report on the ASEAN Consumer Sentiment Study. The report offered a comprehensive analysis of the state of the country in ASEAN, including Singapore, Malaysia, Indonesia, Vietnam, and Thailand.

Chula expresses his satisfaction on the effort to drive the Thai economy with Thai Soft Power.

The top three financial concerns of the survey are rising inflation, household expenses, and shrinking savings. Thais tend to be more cautious about their spending habits, reflected in their cautious spending habits. The study found that investors are also gravitating towards investing via digital banking platforms.