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out-of-court settlements household debts

Out-of-Court Settlements: A Boon to the Economy

Outofcourt settlements have significantly benefited the economy since the law facilitating them took effect on May 23, 2019. According to the government, a total of 53,030 civil and 353 criminal cases have been settled without court involvement. This approach has saved people about 6.88 billion baht in court fees for civil cases, while outofcourt settlements in criminal cases have saved the state up to 27 billion baht.

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bangkok chinese expats

Bangkok’s New Chinatown: A Mixed Blessing for Huai Khwang District

The Huai Khwang district in Bangkok has witnessed a growing parallel Chinese society, as more Chinese expats have settled in the area. Dubbed the second Yaowarat or Bangkok’s new Chinatown, Huai Khwang saw a temporary exodus of Chinese vendors during the pandemic. However, with the Chinese government reopening its borders in January, investors have returned to the district, bringing life back to Pracharat Bamphen Road and the surrounding area.

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